Senior Advisor (Finance) Passes Away

Management Changes View source PDF Explain this filing

SHREECEM · 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

+0.3%Reaction day

₹26815.00

prior close

₹27000.00

announcement price

After-mkt

timing

Nifty 100market-0.6%+0.9% vs market

Cement & Cement Products peers, median of 36sector-0.1%+0.4% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty 100 and 0.4 pts more than its Cement & Cement Products 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

-0.8

10m

-0.7

15m

-0.6

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3-0.6+0.9-0.1+0.4

Next day

+0.3-0.5+0.8+0.6-0.3

-2.1-0.5-1.7+0.3-2.4

-2.7-0.6-2.0+0.1-2.8

-2.7-0.6-2.1-0.2-2.5

-4.9-1.0-3.9-0.8-4.1

-6.5-1.2-5.3-1.9-4.5

15d

-8.9-1.5-7.4-3.1-5.8

-11.0-3.3-7.7-1.9-9.1

-18.0-8.6-9.4-9.5-8.5

—————

UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 36Pending

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

AI summary

Shree Cement informed the stock exchanges about the demise of Mr. Ashok Bhandari, Senior Advisor (Finance) and Senior Management Person, on 3rd August 2026. He was widely respected in Banking and Finance and played a key role in guiding the company with his financial expertise. The company expressed deep condolences to his family.

Likely market impact

Likely minimal immediate impact on operations, though loss of experienced financial counsel may be felt in strategic decisions going forward.