BSESri Chakra Cement LtdHighNegative
Announced Sat, 30 May · 18:34 IST

Intimation for resignation of CFO and Key Managerial Person

Cfo ResignedKmp ResignedManagement Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹51.25
prior close
₹52.28
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.0+1.0+1.0-1.7-1.8-0.5-6.0-4.7-16.0-13.4-18.1
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AI summary

Mr. Srirama Vara Prasad Nendraganti has tendered his resignation as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Sri Chakra Cement Ltd, effective May 30, 2026 (after closing of business hours). The resignation is due to personal reasons and to pursue other career options. The company has confirmed no other material reason for the resignation. The board will take the resignation on record at the ensuing board meeting. The company is currently in the process of appointing a new CFO and will notify the stock exchange in due course.

Likely market impact

The departure of the CFO and KMP is a notable management change. Investors should watch for the appointment of a new CFO as it may affect financial reporting timelines and investor confidence in the near term.