Announced Mon, 29 Jun, 2026 · 16:09 IST

CFO resigns from wholly-owned subsidiary Sai Machine Tools

Cfo 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

+4.5%Reaction day

₹418.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+3.5% vs market

Trading & Distributors peers, median of 131sector+0.0%+4.5% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 4.5 pts more than its Trading & Distributors 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

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5+1.0+3.5+0.0+4.5

Next day

+5.7+1.2+4.5+0.0+5.7

+1.7+2.1-0.4+0.1+1.6

+5.3+1.7+3.5+0.2+5.1

+0.0+1.9-1.9+0.0+0.0

+5.7+1.2+4.5-1.1+6.8

+5.2+1.1+4.1-1.6+6.8

15d

+22.8+1.6+21.2-1.5+24.3

+4.8+0.1+4.7-2.3+7.1

-9.1+6.6-15.7-1.4-7.7

-21.1+5.5-26.5-2.9-18.1

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 131Pending

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

AI summary

Mr. Yash Patel has resigned as Chief Financial Officer of Sai Machine Tools Pvt Ltd, an unlisted wholly-owned subsidiary of SMT Engineering Ltd, effective June 29, 2026. The exit was disclosed under SEBI Listing Regulations. SMT Engineering's own board and key managerial personnel remain unchanged.

Likely market impact

Subsidiary-level CFO exit with no direct impact on listed company operations or board. Minor governance watchpoint.