Intimation of Resignation of Chief Financial Officer

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

+2.0%Reaction day

₹29.17

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.3% vs market

Other Food Products peers, median of 16sector-0.2%+2.2% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 2.2 pts more than its Other Food 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.7+1.3-0.2+2.2

Next day

+4.0+1.7+2.3+0.9+3.2

+5.2-2.0+7.2-0.0+5.3

+4.7-6.2+10.9-3.7+8.4

+6.8-4.0+10.7-3.2+10.0

+8.9-5.2+14.1-1.6+10.5

+12.9+1.2+11.7+3.8+9.1

15d

-1.0+2.9-3.9+4.8-5.8

-4.0+0.4-4.4+3.8-7.8

-13.3+12.8-26.0+15.1-28.3

-5.7+16.0-21.7+10.7-16.5

UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 16Pending

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

AI summary

Kore Foods Limited has informed the BSE that Mrs. Shalini Lobo has resigned as the Chief Financial Officer (CFO) and Key Managerial Personnel of the company, effective from the closing hours of 31st March 2025. She cited personal reasons for her resignation. The company has attached her resignation letter and the required SEBI disclosure annexure. The letter was signed by Manzoor Ul Haque Butt, Managing Director.

Likely market impact

The departure of the CFO ahead of the new financial year may create short-term uncertainty in financial reporting and leadership continuity, though the resignation is for personal reasons and no governance concerns are flagged. Investors should watch for the appointment of a new CFO.