CFO Anish Shah resigns immediately; no successor disclosed

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

-5.3%Reaction day

₹8.50

prior close

₹8.11

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-3.6% vs market

On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250, 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

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Sessions after the filingfrom the prior close

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Reaction day

-5.3-1.7-3.6

Next day

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AI summary

CFO Anish Shah resigned as chief financial officer and key managerial personnel with immediate effect on November 6, 2025. He cited opportunities outside the company for professional growth and said there were no other material reasons. He will serve his full notice period to support the transition and also ceased to be a senior management personnel.

Likely market impact

The sudden CFO departure may create management uncertainty, although no dispute or financial issue was disclosed and he will support the transition.