BSEShlokka Dyes Ltd· Chemicals & PetrochemicalsHighNegative
Announced Wed, 31 Dec, 2025 · 18:19 IST

Kindly find the enclosed disclosure.

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

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
-2.4%Reaction day
₹33.26
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-2.6% vs market
Specialty Chemicals peers, median of 88sector+0.1%-2.5% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark
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StockMarketvs marketSectorvs sector
Reaction day
-2.4+0.2-2.6+0.1-2.5
Next day
+2.5+1.1+1.4+0.5+2.1
2d
-0.8+1.4-2.2-0.3-0.5
3d
+3.6+0.7+2.9-0.9+4.5
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+5.2+0.7+4.5-1.8+7.1
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+2.1-1.2+3.3-2.6+4.6
1w
-2.3-3.7+1.4-4.0+1.7
15d
-19.9-9.0-11.0-8.1-11.9
1m
-33.4-6.8-26.6-7.3-26.1
2m
-28.2-7.6-20.6-10.8-17.4
3m
-31.4-12.3-19.1-17.0-14.5
UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 88Pending

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

AI summary

Shlokka Dyes Limited held a board meeting on December 31, 2025, where three key decisions were made. First, Mr. Rajesh Bachubhai Patel resigned as Chief Financial Officer citing personal reasons, effective from the close of business on December 31, 2025, with no material reasons disclosed. Second, Mr. Vikas Badgujar, a finance professional with over 20 years of experience in financial management, ERP-driven finance transformation, manufacturing operations, and audit coordination, was appointed as the new CFO effective January 1, 2026. Third, Mr. Arpit Tiwari, a Chartered Accountant and proprietor of M/s Arpit Tiwari & Associates, was appointed as an Additional Director (Non-Executive, Independent) effective January 1, 2026, to fill the casual vacancy left by the resignation of Mr. Meet Joshi, subject to shareholder approval for a five-year term.

Likely market impact

The company has ensured continuity at the CFO and board level with immediate replacements. No governance red flags are evident — the outgoing CFO cited personal reasons, and the incoming CFO and independent director bring strong finance and audit credentials. Investors should monitor the new CFO's impact on financial reporting and strategy execution.