Ankit Tandon resigns as CEO effective September 5, 2025

CEO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

HILINFRA · price

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

-6.0%Reaction day

₹90.90

prior close

₹90.77

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-6.4% vs market

On the reaction day the stock moved 6.4 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

Stock

-0.4

10m

-3.2

15m

-4.2

30m

-5.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-6.0+0.4-6.4

Next day

-3.4+0.6-4.0

-2.2+1.0-3.2

-3.6+0.9-4.6

-4.4+0.9-5.3

-3.9+1.6-5.5

-6.0+2.8-8.8

15d

-11.2-2.5-8.7

-10.2-1.0-9.1

-21.2-0.4-20.8

-32.9-7.0-26.0

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Highway Infrastructure Limited said Ankit Tandon resigned as Chief Executive Officer effective from the close of business hours on September 5, 2025. He said he was leaving to pursue an entrepreneurial journey requiring his full focus. He offered to continue as a consultant or adviser if the Board considered it.

Likely market impact

The CEO exit may weigh on investor sentiment, although his offer to continue as an adviser could ease the leadership transition.