Appointment of CFO

Management Changes View source PDF Explain this filing

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

+4.9%Reaction day

₹8.19

prior close

₹8.59

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+4.7% vs market

Software Products peers, median of 35sector-0.8%+5.7% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.7 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+4.9+0.2+4.7-0.8+5.7

Next day

+10.0+0.4+9.6-0.9+10.9

+15.5-0.6+16.1-1.0+16.5

+10.1-2.8+13.0-3.2+13.4

+4.4-5.4+9.8-3.2+7.6

+0.6-4.4+5.0-2.3+3.0

+0.4-7.1+7.4-2.8+3.2

15d

-1.1-7.8+6.7-6.8+5.7

-2.4-6.6+4.2-11.4+9.0

-2.0+7.7-9.6+0.1-2.1

-23.2+10.3-33.5-3.1-20.1

UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 35Pending

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

AI summary

Svam Software Ltd announced the appointment of Mr. Harish Kumar Sharma as the new Chief Financial Officer (CFO), effective 24th February 2026. The appointment was approved at a board meeting held on the same day. Mr. Sharma brings over 28 years of experience in fruits & vegetable supply chain, 3PL solutions, retail, and FMCG industries, with expertise in business strategy, operations scaling, and network building. The subject line also references a resignation of directors, but the body of the filing does not provide further details on that matter.

Likely market impact

A new CFO with 28+ years of cross-industry experience may bring strategic financial leadership to Svam Software. The mention of director resignations in the subject could raise governance questions if not clarified, but no details are provided in this filing.