CFO change: Anish Agarwal resigns, Amit Dhadda appointed effective October 27, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.2%Reaction day

₹217.02

prior close

₹216.98

announcement price

In-mkt

timing

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.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.2pendingpending+1.6-4.8

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 124Pending

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

AI summary

Board approved Q2 FY27 results and a CFO change. Anish Agarwal resigned as CFO on 26 Oct 2026 to focus on business development and stays as Whole-time Director; Amit Dhadda, an internal Chartered Accountant with 25 years of experience, was appointed CFO on 27 Oct. Standalone Q2 revenue rose 32.9% YoY to Rs 225.9 crore; PAT was Rs 13.6 crore, while consolidated PAT fell to Rs 3.0 crore.

Likely market impact

Strong revenue growth but lower group profit due to a one-off gain last year; the CFO handover looks orderly and should not disrupt operations.