New CEO and CFO appointed; existing CFO resigns, Q1 results approved

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

+2.0%Reaction day

₹190.05

prior close

₹193.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+2.1% vs market

Auto Components & Equipments peers, median of 116sector-0.3%+2.3% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.3 pts more than its Auto Components & Equipments 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

-3.1

10m

-2.8

15m

-0.8

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0-0.1+2.1-0.3+2.3

Next day

+1.6-0.2+1.8-0.3+1.9

+8.8+0.1+8.6-0.3+9.0

+7.9+0.3+7.6-1.2+9.0

+3.2+0.4+2.8-1.0+4.2

+3.9+0.5+3.4-0.9+4.9

+2.3+0.3+2.0-0.7+3.0

15d

+21.3+1.9+19.4-1.4+22.7

+23.6+2.2+21.4-3.1+26.7

+15.2-1.2+16.4-4.1+19.3

—————

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 116Pending

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

AI summary

Board appointed Krishna Mohan as CEO effective August 7, 2026, with over 29 years of manufacturing operations experience. CFO Dhruv Pandya will resign effective end of business August 24, 2026, and Suryakant Sethia, a Chartered Accountant with 20 years of finance experience, will take over as CFO from August 25, 2026. Board also approved un-audited standalone and consolidated financial results for Q1 FY26 ending June 30, 2026. The 66th AGM is scheduled for September 22, 2026.

Likely market impact

Smooth top leadership transition with experienced replacements. Watch Q1 results and AGM on September 22, 2026 for further direction.