Shoppers Stop CFO resigns, new CFO appointed effective April 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SHOPERSTOP · price

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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

Shoppers Stop Limited informed the exchanges about changes in its Key Managerial Personnel. Mr. Karunakaran Mohanasundaram has resigned as Chief Financial Officer to pursue a career opportunity outside the company, effective close of business on February 17, 2026. The Board has appointed Mr. Pankaj Chaturvedi as the new CFO effective April 1, 2026. He is a Chartered Accountant with 25 years of cross-sector experience, previously CFO at Saregama India and Go Airlines, with prior stints at Vodafone, Reliance Jio, and Hitachi.

Likely market impact

CFO transition at Shoppers Stop. New CFO brings 25 years of cross-sector experience from Saregama, Go Airlines, Vodafone, Jio. Watch for transition smoothness.