Announced Wed, 12 Aug · 16:17 IST

CFO resigns, new CFO appointed; MD re-appointment approved at board meet

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

Price

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Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹2.83
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-3.9-2.8-12.0-9.2-9.9-13.8
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AI summary

Sulabh Engineers board on Aug 12, 2026 accepted the resignation of Mrs. Seema Mittal as CFO for personal reasons, effective close of business Aug 12. She continues as Executive Director. Ms. Shraddha Mishra appointed as new CFO from Aug 13. Board also approved re-appointment of Mrs. Mittal as Director (retiring by rotation) and Mr. Vimal Kumar Sharma as Managing Director for a 5-year term, both subject to shareholder approval at the 43rd AGM on Sept 28, 2026. E-voting window set for Sept 25 to 27.

Likely market impact

Smooth CFO handover with outgoing CFO staying as Executive Director. MD re-appointment needs shareholder approval at AGM on Sept 28.