CEO and CFO complete their tenures and step down

CEO resignedCFO resignedKey managerial personnel 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

-4.9%Reaction day

₹37.02

prior close

₹37.38

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-6.4% vs market

Other Industrial Products peers, median of 26sector+0.9%-5.8% vs sector

On the reaction day the stock moved 6.4 pts less than Nifty Microcap 250 and 5.8 pts less than its Other Industrial 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

+0.5

10m

+0.5

15m

+0.5

30m

-5.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.9+1.4-6.4+0.9-5.8

Next day

—+1.7—+1.1—

-5.9+3.9-9.8+3.2-9.1

-1.2pendingpending+4.6-5.8

———+3.2—

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 26Pending

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

AI summary

Afzal Hussain's tenure as Chief Executive Officer and Nuumaan Khasim's tenure as Chief Financial Officer ended on 1 November 2026. Both consequently ceased holding their respective positions with the company.

Likely market impact

Both senior executives have left their roles. The filing does not name successors, so investors may await updates on management continuity.