CFO Rajeev Ranjan resigns effective 31 Oct 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SBCL · 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

+19.9%Reaction day

₹767.90

prior close

₹850.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+19.9% vs market

Iron & Steel Products peers, median of 98sector-0.2%+20.1% vs sector

On the reaction day the stock moved 19.9 pts more than Nifty Microcap 250 and 20.1 pts more than its Iron & Steel Products 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

Stock

-0.5

10m

+1.6

15m

+4.2

30m

+4.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+19.9+0.0+19.9-0.2+20.1

Next day

+43.9-0.0+43.9+0.1+43.8

+35.3-0.2+35.5+0.0+35.3

+33.7+0.2+33.5-0.4+34.0

+31.6+0.3+31.3-0.9+32.5

+35.2+0.4+34.8-1.0+36.3

+33.2+0.9+32.3-1.6+34.8

15d

+36.2+1.6+34.7+1.5+34.8

+43.0+2.0+40.9-0.2+43.2

+42.6+0.6+42.1+0.3+42.3

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 98Pending

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

AI summary

Shivalik Bimetal Controls announced that Mr. Rajeev Ranjan has resigned as Chief Financial Officer due to personal reasons. His resignation takes effect from close of business hours on 31 October 2026. He will also cease to be the Key Managerial Personnel authorised for determining materiality of events under SEBI Listing Regulations from the same date.

Likely market impact

CFO exit with a notice period till end of October gives time to find a replacement. Watch for a new CFO appointment announcement.