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ManufacturingHigh impactPre-market

Kajaria Bathware CFO terminated amid ₹20 crore embezzlement case

pre-market1 source ↓written by the desknot a recommendation

Kajaria Ceramics reported the termination of CFO Dilip Kumar Maliwal following a police complaint for embezzlement of ₹20 crore at its subsidiary, Kerovit Global. The alleged fraud occurred over two years, involving misappropriated funds. This incident raises concerns about governance and financial oversight within the company, which may impact investor sentiment.

• Police complaint filed with Delhi Police

• Allegations of misconduct over two years

• Potential governance issues affecting market perception

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 23 Dec 2025, 07:14 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KAJARIACER closed −3.2% on the day of the news, from ₹1,048.80 to ₹1,015.60; Nifty 0.0% over the same session.

Bulletin at 07:14 IST on 23 Dec 2025. Every change is measured from ₹1,048.80, the last close before it, on 22 Dec. Nifty 50 is measured over the same sessions.

  • KAJARIACER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
KAJARIACER closes around the bulletin against the close before the news, with Nifty 50 rebased to it933.8510491164axis spans 25%before the news · 22 Dec1049Nifty 50KAJARIACERbulletinD0+1+3+516 Dec29 Dec7 JanReference close ₹1,048.80. 16 sessions from 16 Dec to 7 Jan; the price axis spans 25 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before22 Dec₹1,048.80basebase
On the day23 Dec₹1,015.60▼ −3.2%0.0%−3.2 pp difference
+1 session24 Dec₹974.30▼ −7.1%▼ −0.1%−7.0 pp difference
+3 sessions29 Dec₹972.60▼ −7.3%▼ −0.9%−6.4 pp difference
+5 sessions31 Dec₹968.50▼ −7.7%▼ −0.2%−7.5 pp difference
Gap at the open, % · ₹
▲ +0.1%+1.15 on 23 Dec
Day's range, % · ₹
3.7%≈ 39 high to low
Volume on the day
2.66×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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