Shish Industries appoints Jehan Kasad as Chief Financial Officer

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

-10.3%Reaction day

₹16.52

prior close

₹14.83

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-10.4% vs market

Plastic Products - Industrial peers, median of 42sector-1.5%-8.7% vs sector

On the reaction day the stock moved 10.4 pts less than Nifty Microcap 250 and 8.7 pts less than its Plastic Products - Industrial 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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Reaction day

-10.3+0.1-10.4-1.5-8.7

Next day

-9.2-3.2-6.0-3.2-6.0

-16.4-3.3-13.1-4.1-12.3

-20.2-2.5-17.7-2.2-18.0

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-21.3+0.6-21.9-0.5-20.8

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-26.9-1.4-25.6-4.0-22.9

-28.0-3.3-24.7-4.9-23.1

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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 42Pending

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

AI summary

Shish Industries Limited's board has appointed Mr. Jehan Sairus Kasad as the new Chief Financial Officer effective September 11, 2026. He is a Chartered Accountant with over 14 years of experience across finance, accounts, financial reporting, taxation, audit, working capital management and banking. He previously served as Assistant General Manager Finance at Sahajanand Medical Technologies and has also worked with HLE Glascoat Limited. He additionally holds ICAI qualifications in Forensic Audit, Information Systems Audit and Indirect Taxation.

Likely market impact

New CFO brings strong finance and audit background; routine leadership addition at the company with no disclosed disruption.