Resignation of Ms. Hetal Waglekar from the Position of Chief Financial Officer of the Company W.e.f 20.02.2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

-5.0%Reaction day

₹139.05

prior close

₹132.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-5.1% vs market

Other Textile Products peers, median of 175sector-0.4%-4.6% vs sector

On the reaction day the stock moved 5.1 pts less than Nifty Microcap 250 and 4.6 pts less than its Other Textile 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

+0.0

10m

+10.4

15m

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30m

+10.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0+0.1-5.1-0.4-4.6

Next day

-9.7-1.1-8.5-1.4-8.2

+4.4-0.9+5.4-1.7+6.1

+4.5-0.7+5.2-2.0+6.5

+9.3-1.8+11.0-2.0+11.3

+4.6-3.9+8.5-3.9+8.5

-5.5-5.5-0.0-5.3-0.3

15d

-6.5-8.7+2.2-9.0+2.5

-16.5-12.3-4.2-12.1-4.4

+23.7+5.4+18.2+0.0+23.7

+18.7+9.0+9.7-1.6+20.2

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 175Pending

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

AI summary

Ms. Hetal Waglekar has resigned from her position as Chief Financial Officer of Tusaldah Ltd, effective from February 20, 2026 (after market hours). She cited the reason as wanting to pursue alternate career opportunities. In her resignation letter, she committed to ensuring a smooth and orderly transition of responsibilities during her notice period. The Board has appreciated her service and confirmed that a separate intimation regarding the appointment of a new CFO will be made to the stock exchanges in due course. The disclosure has been made under SEBI LODR Regulations as required for changes in Key Managerial Personnel.

Likely market impact

This is a routine KMP-level change with a stated positive reason (career move) and assurance of smooth handover. Short-term impact on the stock is likely neutral, though investors should watch for timely announcement of a replacement CFO to avoid any governance concerns.