CFO Seema Mittal resigns, Shraddha Mishra appointed; MD Vimal Sharma reappointed

Cfo 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

-3.2%Reaction day

₹2.83

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-3.3% vs market

Non Banking Financial Company (NBFC) peers, median of 209sector+0.3%-3.4% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 3.4 pts less than its Non Banking Financial Company (NBFC) 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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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2+0.2-3.3+0.3-3.4

Next day

-2.8+0.2-3.1-0.1-2.7

-3.9+0.4-4.2-0.6-3.3

-2.8+0.7-3.6-0.9-1.9

-12.0+0.1-12.2-1.3-10.7

-9.2+0.7-9.9-0.8-8.4

-9.9+1.2-11.1-0.9-9.0

15d

-13.8+0.7-14.5-0.7-13.1

-15.5-1.2-14.3-2.2-13.3

-13.4-1.1-12.3-4.4-9.0

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 209Pending

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

AI summary

Board approved the 43rd AGM notice for September 28, 2026 and the FY26 annual report. Mrs. Seema Mittal resigned as CFO citing personal reasons but will continue as Executive Director. Ms. Shraddha Mishra (MBA Finance and Marketing) appointed as new CFO from August 13, 2026. Mr. Vimal Kumar Sharma reappointed as Managing Director for five years, subject to shareholder approval at the AGM.

Likely market impact

Smooth CFO succession with continuity from existing Director. Watch AGM vote on September 28 for shareholder approval of MD reappointment.