STERTOOLSNSESTERLING TOOLS LIMITED· FastnersHighNegative
Announced Tue, 27 Oct, 2026 · 13:09 IST

CFO Anish Agarwal resigns, Amit Dhadda appointed; Q2 revenue up 33%

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

STERTOOLS · 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
-3.2%Reaction day
₹217.02
prior close
₹214.30
announcement price
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Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending
Auto Components & Equipments peers, median of 124sector+1.6%-4.8% vs sector

On the reaction day the stock moved 4.8 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Anish Agarwal resigned as CFO and KMP effective 26 October 2026 to focus on business development and his duties as whole-time director, with no other reason stated. Amit Dhadda, the internal finance head, was appointed CFO and KMP from 27 October 2026. Standalone Q2 revenue rose 33% to Rs 22,589 lakh but profit fell 31% to Rs 1,363 lakh; consolidated revenue was Rs 25,035 lakh and profit Rs 297 lakh.

Likely market impact

CFO succession avoids a management gap, but lower profits may weigh on sentiment. The outgoing CFO staying as a director supports continuity.