KAJARIACER Slides for Seventh Straight Session

As on 24th Dec 2025

continued its decline for the seventh consecutive session, falling over 4% today and trading at its lowest level since 27 May 2025. Selling pressure intensified after the December 19 disclosure of a ₹20 crore fraud spanning two years at a subsidiary. The irregularity involved the subsidiary’s CFO, Dilip Kumar Maliwal, whose services were terminated, followed by the filing of a police complaint. The disclosure triggered a sustained sell-off, extending through December 24. Beyond governance concerns, sluggish domestic demand has remained a drag, impacted earlier by monsoon disruptions and election-related slowdowns, with weakness persisting into late 2025. The stock’s recent price action reflects heightened investor caution amid operational and credibility challenges. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. AI may have been used for grammatical and sentence-structure refinement. Please consult a SEBI-registered advisor before making any investment decisions.