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BSESPEL Semiconductor LtdHighNegative
Announced Tue, 19 May, 2026 · 23:25 IST

REMOVAL OF CFO

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain 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
+1.9%Reaction day
₹151.95
prior close
₹145.70
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+1.3% vs market
Other Electrical Equipment peers, median of 49sector+0.4%+1.5% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.5 pts more than its Other Electrical Equipment 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
5m
+1.5
10m
+0.7
15m
+1.7
30m
+4.2
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.9+0.6+1.3+0.4+1.5
Next day
+0.7+1.7-1.0+1.9-1.2
2d
+0.4+1.8-1.4+0.8-0.4
3d
+0.5+3.4-2.9+1.7-1.2
4d
+1.0+4.1-3.1+2.3-1.2
5d
+0.6+4.1-3.5+2.5-1.8
1w
+3.9+2.3+1.6-1.1+5.0
15d
-1.5+1.8-3.2-1.0-0.5
1m
+1.4+10.8-9.4+4.2-2.9
2m
+2.0+10.3-8.3+1.4+0.6
3m
—+14.9—-2.1—
UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 49Pending

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

AI summary

SPEL Semiconductor Ltd has announced the removal of Mr. Thiruvenkatachari Parthasarathy as Chief Financial Officer (CFO) effective close of business hours on May 19, 2026. The removal was due to continuous absence from office. The company filed this disclosure under SEBI (LODR) Regulations, 2015. The filing was signed by P. Balamurugan, Head Operations & Whole-Time Director. No brief profile or disclosure of relationships was provided in the annexure.

Likely market impact

The removal of the CFO due to continuous absence may raise governance concerns for investors. The sudden departure of a key financial officer without a replacement announced could create uncertainty about financial oversight and reporting timelines.