UTTAMSUGARBSEUTTAM SUGAR MILLS LTD.HighNegative
Announced Wed, 16 Sept, 2026 · 15:11 IST

Uttam Sugar Mills CFO Sanjay Bhandari resigns citing health reasons

Cfo ResignedManagement Changes View source PDFExplain this filing

UTTAMSUGAR · price

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▲ 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
₹256.00
prior close
₹251.00
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.9% vs market
Sugar peers, median of 27sector-1.8%-0.2% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 0.2 pts less than its Sugar 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
5m
-0.0
10m
-0.1
15m
-0.1
30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.0-0.1-1.9-1.8-0.2
Next day
-1.3+0.7-2.0-2.1+0.8
2d
+1.8+2.3-0.6-1.5+3.3
3d
+0.3+2.2-1.9-1.9+2.1
4d
+1.3+2.6-1.3-1.1+2.4
5d
+3.9+3.9+0.0-0.6+4.5
1w
+14.4+2.7+11.7+2.0+12.3
15d
+15.3-1.2+16.5-0.7+16.1
1m
+44.8-0.2+44.9+1.8+43.0
2m
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3m
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UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

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

AI summary

Mr. Sanjay Bhandari, Chief Financial Officer (KMP) of Uttam Sugar Mills, has resigned due to personal health reasons. He will be relieved from the close of business hours on 16 September 2026. In his resignation email, Bhandari, who had served nearly 20 years with the company, cited the need to focus on his mental and physical health and his family. The board has accepted the resignation. No successor has been named in this filing.

Likely market impact

Long-serving CFO exit may create short-term finance leadership gap; investors should watch for timely replacement announcement.