Manappuram Finance CEO Deepak Reddy resigns, effective Dec 31, 2026
MANAPPURAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.0 pts more than Nifty Smallcap 250 and 5.5 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Manappuram Finance has informed exchanges that Chief Executive Officer and Key Managerial Personnel Mr. Deepak Reddy has resigned to pursue other personal and professional interests. His resignation email is dated July 3, 2026, and he will be relieved from close of business on December 31, 2026. He will remain on garden leave until the cessation date. The filing includes the standard SEBI Annexures but does not name a successor at this stage.
Leadership transition ahead with about six months notice for an orderly handover. Investors may wait for clarity on the next CEO before taking fresh positions.