CFO of Sical Logistics resigns, moves to material subsidiary role

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SICALLOG · price

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Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹90.70

prior close

₹92.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-1.5% vs market

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250, 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

-1.9

10m

-1.9

15m

-1.9

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-0.1+1.4-1.5

Next day

-4.1+1.5-5.6

-5.5+0.5-6.0

-0.7+1.1-1.9

+3.5+0.7+2.8

+0.9-0.4+1.4

+9.4+0.5+8.9

15d

+22.6+0.1+22.5

+12.6+3.5+9.1

+9.1+5.8+3.3

-6.0+2.4-8.3

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Mr. K. Rajavel has resigned as Chief Financial Officer and Key Managerial Personnel of Sical Logistics, effective close of business hours on July 9, 2026. He is stepping down to devote his full time as CFO of Sical Multimodal and Rail Transport Limited, a material subsidiary whose expanding operations need his dedicated focus. No other reason for resignation has been stated.

Likely market impact

Internal group-level CFO transition. Short-term uncertainty likely until a new CFO for the parent company is appointed.