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SUNDRMBRAKNSESundaram Brake Linings Limited· Auto ComponentsHighNeutral
Announced Mon, 9 Mar, 2026 · 12:40 IST

Sundaram Brake Linings Limited has informed the Exchange regarding Appointment of Mr Hari S as Chief Financial Officer of the company w.e.f. March 09, 2026.

SUNDRMBRAK · 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
-6.7%Reaction day
₹594.75
prior close
₹556.95
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.7%-4.0% vs market
Auto Components & Equipments peers, median of 111sector-2.7%-4.0% vs sector

On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 4.0 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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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-6.7-2.7-4.0-2.7-4.0
Next day
-4.0-0.3-3.6-0.5-3.5
2d
-5.0-0.5-4.6-1.5-3.5
3d
-4.2-0.8-3.4-2.1-2.1
4d
-8.5-3.6-4.8-5.5-3.0
5d
-7.5-4.2-3.3-5.5-2.0
1w
-8.4-0.7-7.7-2.7-5.7
15d
-17.0-3.4-13.6-7.5-9.5
1m
+4.2+2.6+1.6-1.1+5.4
2m
+8.6+15.6-7.0+8.3+0.3
3m
+22.7+16.6+6.1+5.9+16.8
UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 111Pending

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

AI summary

Sundaram Brake Linings Limited has appointed Mr. Hari S as its new Chief Financial Officer, effective March 9, 2026. The appointment was approved by the Board based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. Mr. Hari S is a Fellow Chartered Accountant with over 30 years of experience in finance, accounting, taxation, banking, and corporate financial management, having previously held CFO-level roles at NTADCL (a Tamil Nadu government SPV) and as Chief Finance Manager at ITI Limited. He has also worked in corporate finance, internal audit, and consulting across infrastructure and manufacturing organisations.

Likely market impact

This is a routine leadership change at the CFO level. The new CFO brings strong experience in financial restructuring, banking, and governance from listed and government entities, which may be viewed positively by investors as a sign of strengthened financial oversight.