CEO K.G. Naidu resigns for personal reasons

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

GAYAHWS · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹1.63

prior close

₹1.63

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-1.9% vs market

Road Assets - Toll Annuity Hybrid-Annuity peers, median of 6sector+1.0%-2.2% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 2.2 pts less than its Road Assets - Toll Annuity Hybrid-Annuity 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

-1.8

10m

-3.1

15m

-0.6

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+0.7-1.9+1.0-2.2

Next day

-3.7pendingpending+0.0-3.7

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15d

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UpDownMarket · Nifty Microcap 250Sector · Road Assets - Toll Annuity Hybrid-Annuity peers, median of 6Pending

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

AI summary

K.G. Naidu resigned as Chief Executive Officer and Key Managerial Personnel for personal reasons. The board accepted his resignation on 28 October 2026, effective from the close of business that day. His letter stated that he was stepping down with immediate effect from 27 October 2026.

Likely market impact

The CEO exit creates some leadership uncertainty. No successor, financial impact or reasons beyond personal reasons were disclosed.