Tega Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP

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

Mr. Sharad Kumar Khaitan has tendered his resignation as Chief Financial Officer (CFO) of Tega Industries Limited, effective from the close of business hours on May 05, 2026. The reason stated is to pursue other opportunities outside the Tega Group. The Board accepted his resignation at its meeting held on April 24, 2026. Simultaneously, Mr. Shyama Prasad Ganguly, currently General Manager - Finance & Accounts and a qualified Chartered Accountant with over 24 years of experience, has been appointed as Interim CFO effective May 06, 2026, until a new CFO is appointed. Mr. Ganguly has been with Tega since 2009 and previously worked at Berger Paints and SPS Steel and Power.

Likely market impact

The CFO change is due to a voluntary resignation for career progression outside the Group. The appointment of an internal candidate as Interim CFO provides continuity, though investors may monitor for any disruption during the transition and eventual permanent appointment.