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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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shlokka Dyes Ltd announced outcomes from its board meeting held on December 31, 2025. The company accepted the resignation of its Chief Financial Officer, Mr. Rajesh Bachubhai Patel, effective the close of business on December 31, 2025, citing personal reasons with no other material reasons disclosed. To fill the vacancy, the board appointed Mr. Vikas Badgujar as the new CFO effective January 1, 2026; he brings over 20 years of experience in financial management, SAP/ERP-driven finance transformation, manufacturing operations, and audit coordination. Additionally, Mr. Arpit Tiwari, a Chartered Accountant, was appointed as an Additional Director (Non-Executive, Independent) effective January 1, 2026, filling the casual vacancy created by the prior resignation of Mr. Meet Joshi, subject to shareholder approval for a five-year term as Independent Director. The transitions appear orderly with both new appointees independent of existing directors and KMPs.
This is a routine management reshuffle — the outgoing CFO left for personal reasons and replacements are in place with no governance red flags. For shareholders, the change is unlikely to materially affect operations, though investors may want to watch how smoothly the new CFO transitions into the role.