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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 2.5 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shlokka Dyes Ltd announced three board-level changes effective December 31, 2025 / January 1, 2026. Mr. Rajesh Bachubhai Patel resigned as Chief Financial Officer citing personal reasons and was relieved at the close of business on December 31, 2025. To fill the position, Mr. Vikas Badgujar, a finance professional with over 20 years of experience in financial management, ERP/SAP systems and audit coordination, has been appointed as the new CFO from January 1, 2026. Separately, Mr. Arpit Tiwari, a Chartered Accountant and proprietor of M/s Arpit Tiwari & Associates, has been appointed as an Additional Non-Executive Independent Director to fill the casual vacancy left by Mr. Meet Joshi's earlier resignation, subject to shareholder approval for a 5-year term.
This is a routine leadership transition — the outgoing CFO left for personal reasons and a qualified replacement with strong finance and ERP experience has been named on the same day, so there should be no disruption to financials reporting. The addition of a chartered accountant as Independent Director strengthens the audit and governance oversight on the board.