CFO Resignation at Tega Industries; Internal Replacement Named

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

TEGA · price

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

+1.5%Reaction day

₹1680.00

prior close

₹1680.20

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.8%-0.3% vs market

Industrial Products peers, median of 131sector+1.3%+0.1% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Smallcap 250 and 0.1 pts more than its Industrial 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

+1.6

10m

+1.3

15m

+1.5

30m

+2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+1.8-0.3+1.3+0.1

Next day

-0.4+1.9-2.2+1.3-1.7

-1.7+2.4-4.1+1.5-3.2

-0.1+1.9-2.1+1.2-1.4

-1.0+2.9-3.9+1.9-2.8

-4.1+3.1-7.2+2.1-6.2

-1.8+6.1-7.8+4.7-6.5

15d

-5.9+1.5-7.4-1.5-4.4

-4.8+4.2-9.0+0.9-5.7

+0.9+7.3-6.4+5.2-4.3

-9.9+8.6-18.5+3.4-13.3

UpDownMarket · Nifty Smallcap 250Sector · Industrial Products peers, median of 131Pending

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

AI summary

Tega Industries' CFO Mr. Sharad Kumar Khaitan resigned to pursue opportunities outside the Tega Group, effective May 5, 2026. The board appointed Mr. Shyama Prasad Ganguly, current General Manager – Finance & Accounts (with Tega since 2009, a Chartered Accountant with 24 years' experience), as Interim CFO from May 6, 2026 until a permanent replacement is appointed.

Likely market impact

Smooth internal transition limits disruption. Monitor for permanent CFO search outcome; exit appears amicable and voluntary.