CFO change at Shoppers Stop - new CFO appointed from April 1, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SHOPERSTOP · 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

+1.5%Reaction day

₹409.20

prior close

₹410.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+2.0% vs market

Diversified Retail peers, median of 9sector-0.8%+2.3% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 2.3 pts more than its Diversified Retail 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

-2.5

10m

-3.4

15m

-3.6

30m

-4.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5-0.5+2.0-0.8+2.3

Next day

-0.3-1.0+0.7-0.8+0.5

-2.2-2.5+0.2-4.2+1.9

-9.9-3.2-6.7-5.4-4.5

-11.4-2.2-9.2-5.4-6.0

-9.9-1.9-8.0-5.5-4.5

-18.4-3.5-14.9-9.4-9.0

15d

-25.5-8.8-16.7-15.9-9.5

-25.3-9.3-16.1-18.3-7.1

-27.2-4.5-22.7-10.7-16.5

-15.6+5.4-21.0-2.1-13.6

UpDownMarket · Nifty Microcap 250Sector · Diversified Retail peers, median of 9Pending

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

AI summary

Mr. Karunakaran Mohanasundaram resigned as CFO of Shoppers Stop effective Feb 17, 2026, to pursue a career opportunity outside. Mr. Pankaj Chaturvedi, a Chartered Accountant with 25 years of experience, appointed as new CFO from April 1, 2026. He previously held CFO roles at Saregama India and Go Airlines, and senior positions at Vodafone, Reliance Jio, and Hitachi. There is a transition gap between the two dates.

Likely market impact

CFO change with a brief transition gap. New CFO brings strong finance background from telecom, aviation, and media sectors. No immediate operational impact expected.