Appointment of Mr. Ashish Gupta as a Chief Financial Officer (KMP) of the Company w.e.f. May 22, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SHEMAROO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.0%Reaction day

₹100.00

prior close

₹100.10

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-1.6% vs market

Media & Entertainment peers, median of 12sector-2.9%-0.1% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 0.1 pts less than its Media & Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.0-1.4-1.6-2.9-0.1

Next day

-5.8-0.9-4.9-1.8-4.0

-5.5-0.3-5.2-2.9-2.7

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+4.0+0.9+3.1-1.2+5.2

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15d

+8.0+3.5+4.5-1.3+9.3

+36.0+8.0+28.0-0.5+36.5

+20.6+9.3+11.3-6.1+26.6

+27.0+14.0+13.1-7.6+34.7

UpDownMarket · Nifty Microcap 250Sector · Media & Entertainment peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shemaroo Entertainment's Board meeting on May 16, 2026 approved multiple items including CFO transition. Mr. Amit Haria resigned as CFO effective May 21, 2026 to pursue other professional opportunities, with no material reasons cited. Mr. Ashish Gupta, a chartered accountant with 24 years of global experience in finance leadership across media, IT, and security sectors (including CFO roles at International SOS and BARC India), was appointed as new CFO effective May 22, 2026. The meeting also covered audited FY2026 financial results showing consolidated loss of Rs 21,862 lakhs (vs loss of Rs 8,496 lakhs in FY2025) and standalone loss of Rs 22,161 lakhs, with revenue declining to Rs 54,731 lakhs from Rs 65,049 lakhs. Statutory and cost auditors were reappointed.

Likely market impact

The CFO transition appears smooth with only a one-day gap between outgoing and incoming CFO, suggesting minimal disruption. However, the company continues to face significant losses and an ongoing GST dispute (Rs 7,026 lakhs demand plus penalties) which may weigh on investor sentiment.