Announced Sat, 30 May, 2026 · 18:34 IST

Intimation for resignation of CFO and Key Managerial Person

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

+1.4%Reaction day

₹51.25

prior close

₹52.28

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+2.6% vs market

Cement & Cement Products peers, median of 35sector-0.6%+2.0% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.0 pts more than its Cement & Cement Products 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

+1.0

10m

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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

+1.4-1.1+2.6-0.6+2.0

Next day

-1.7-0.0-1.6-1.1-0.5

-1.8+0.2-2.0-1.7-0.2

-0.5+1.1-1.6-2.1+1.6

-6.0+1.1-7.1-1.9-4.1

-4.7-0.9-3.8-3.5-1.2

-16.0-0.5-15.4-3.7-12.3

15d

-13.4+7.1-20.4-1.0-12.4

-18.1+6.5-24.6-1.5-16.6

-30.0+7.9-37.9-2.5-27.5

-28.4+11.2-39.6-6.2-22.2

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 35Pending

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

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.