ALBERTDAVDNSEAlbert David Limited· Pharmaceuticals & BiotechnologyCriticalNegative

Announced Thu, 18 Dec, 2025 · 19:39 IST

Albert David MD and CEO Umesh Kunte resigns, effective Dec 18

Ceo ResignedManagement Changes View source PDF Explain this filing

ALBERTDAVD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.1%Reaction day

₹744.20

prior close

₹747.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-1.4% vs market

Pharmaceuticals peers, median of 153sector+0.7%-0.9% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 0.9 pts less than its Pharmaceuticals 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

+0.0

10m

+0.0

15m

+0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+1.3-1.4+0.7-0.9

Next day

+0.9+2.6-1.7+1.3-0.4

+0.8+2.7-1.9+1.4-0.7

+0.8+2.1-1.4+1.4-0.7

+0.9+1.6-0.7+0.7+0.2

-0.6+0.8-1.4+0.0-0.6

-0.7+2.2-2.9+0.7-1.4

15d

+0.4-1.6+2.0-1.1+1.5

-7.3-3.0-4.2-1.8-5.5

-4.0-1.6-2.4-3.9-0.1

-9.8-10.5+0.6-10.2+0.4

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 153Pending

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

AI summary

Mr. Umesh Manohar Kunte, Managing Director, CEO and Director of Albert David Limited, has resigned effective close of business on December 18, 2025, citing personal reasons and priorities. He gave a three-month notice period. The board accepted the resignation at its meeting held the same day. He will also cease to be a Key Managerial Person under the Companies Act. No successor has been announced in this filing.

Likely market impact

Top leadership exit for personal reasons. Investors should watch for a successor appointment announcement in coming weeks.