CFO Bhavik Maisuria resigns effective 31 Dec 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

VIRAT · 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

-1.5%Reaction day

₹340.00

prior close

₹339.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.2% vs market

Garments & Apparels peers, median of 41sector+0.0%-1.5% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.5 pts less than its Garments & Apparels 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

-1.5-0.3-1.2+0.0-1.5

Next day

-1.5-1.5+0.1-0.8-0.7

-0.5-1.5+1.1-1.1+0.6

+1.2-0.2+1.4+0.0+1.2

+12.5-0.5+13.0-0.9+13.3

+19.2-3.2+22.4-2.2+21.3

+21.7-2.2+23.8-3.0+24.7

15d

+12.8-9.5+22.2-9.5+22.3

+23.2pendingpending-7.2+30.3

—————

UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 41Pending

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

AI summary

Mr. Bhavik Maisuria, Chief Financial Officer of Brahm Virat Industries Corporation (formerly Virat Industries), has resigned citing personal reasons. His last working day will be December 31, 2026, after serving a notice period from October 1 to December 31, 2026. He will also cease to be the Key Managerial Personnel authorised for determining materiality of events under SEBI Regulation 30. No replacement has been announced yet.

Likely market impact

Key finance leadership transition ahead; reason is personal, not governance related. Watch for appointment of new CFO which could move the stock.