Head of Broking & Retail Business resigns effective April 30, 2026

Management Changes View source PDF Explain this filing

BIRLAMONEY · price

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

+2.5%Reaction day

₹146.35

prior close

₹146.35

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+2.6% vs market

Stockbroking & Allied peers, median of 37sector-0.1%+2.6% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.6 pts more than its Stockbroking & Allied 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

+0.8

10m

+1.0

15m

+1.3

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5-0.2+2.6-0.1+2.6

Next day

+0.8-0.2+0.9-0.1+0.9

+0.4-0.5+1.0-0.9+1.3

-0.7+0.9-1.6-0.5-0.2

-1.5+0.9-2.3-0.8-0.7

+0.5+2.5-2.0+0.7-0.2

-0.2+4.0-4.2+1.2-1.5

15d

-8.4-0.4-8.0-2.9-5.5

-6.3+2.4-8.7-5.4-0.9

-5.4+7.8-13.2-1.5-3.9

-11.1+8.0-19.1+0.0-11.1

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 37Pending

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

AI summary

Mr. Saurabh Shukla, Head of Broking & Retail Business and Senior Management Personnel at Aditya Birla Money, has resigned to pursue opportunities outside the company. His resignation is effective April 30, 2026. He had been with the firm for 15 years. The company has accepted his resignation and filed the required SEBI disclosure.

Likely market impact

Departure of a 15-year veteran from broking and retail leadership may cause short-term transition, but no impact on overall operations is indicated.