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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's Board of Directors, at a meeting held on December 31, 2025, accepted the resignation of Mr. Rajesh Bachubhai Patel as Chief Financial Officer, effective the close of business on the same day. Patel cited personal reasons and confirmed there are no other material reasons for his departure. To fill the gap, the Board appointed Mr. Vikas Badgujar — a finance professional with over 20 years of experience in financial management, ERP/SAP systems, manufacturing finance, and audit coordination — as the new CFO effective January 1, 2026. Additionally, 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, filling the casual vacancy left by the resignation of Mr. Meet Joshi.
For shareholders, this is a routine leadership transition with no red flags — the outgoing CFO left for personal reasons, and the company has appointed experienced replacements for both the CFO and Independent Director roles. The quick and orderly succession should help avoid any disruption to financial reporting or governance.