CFO Bhavik Maisuria resigns, effective December 31, 2026

Cfo ResignedManagement Changes View source PDF Explain this filing

VIRAT · 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

+0.0%Reaction day

₹334.95

prior close

₹340.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+1.3% vs market

Garments & Apparels peers, median of 43sector-0.7%+0.7% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.7 pts more 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

-2.6

10m

-2.6

15m

-2.6

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-1.3+1.3-0.7+0.7

Next day

+1.0-1.3+2.3-1.0+2.0

+2.7+0.0+2.7-0.6+3.3

+14.2-0.2+14.4-1.1+15.3

+21.0-3.0+23.9-1.7+22.6

+31.0-2.7+33.7-2.3+33.3

+25.4-1.7+27.1-0.6+26.0

15d

+16.4-8.9+25.3-8.0+24.4

—————

UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 43Pending

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

AI summary

Mr. Bhavik Maisuria has resigned as Chief Financial Officer of Virat Industries (now Brahm Virat Industries Corporation Limited) due to personal reasons. His resignation takes effect from close of business on December 31, 2026. He will serve his notice period from October 1 to December 31, 2026. He also ceases to be the Key Managerial Personnel authorised for determining materiality of events under SEBI Listing Regulations. No other material reason was cited.

Likely market impact

Key managerial change; company must appoint a new CFO. Generally neutral but watch for replacement announcement.