Change in Managing Director and Key Managerial Personnel

CEO resignedExternal CEO appointedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

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

-0.0%Reaction day

₹537.00

prior close

₹528.60

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%+0.1% vs market

Breweries & Distilleries peers, median of 25sector-0.3%+0.3% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 0.3 pts more than its Breweries & Distilleries 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

-0.4+1.1-1.4+1.2-1.5

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+5.5+1.2+4.4-0.2+5.7

+2.7+0.4+2.4-2.0+4.8

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15d

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+14.9+6.4+8.5-2.5+17.4

+13.8+9.4+4.4-6.6+20.4

UpDownMarket · Nifty Smallcap 250Sector · Breweries & Distilleries peers, median of 25Pending

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

AI summary

The Board of Directors has approved a change in leadership at Allied Blenders and Distillers. Mr. Alok Gupta will step down as Managing Director and KMP effective May 31, 2026, after serving in the role. He will be succeeded by Mr. Amar Sinha, who has been appointed as Additional Director and Managing Director-Designate since April 2, 2026, and will formally take over as MD and KMP from June 1, 2026 for a 3-year term. Mr. Sinha brings over 30 years of experience in the alco-beverage sector, having previously served as COO at Radico Khaitan and Managing Director at Whyte & Mackay India. The appointment is subject to shareholder approval.

Likely market impact

This represents a significant leadership transition at the alcohol beverage company. The appointment of an external industry veteran as the new Managing Director could bring fresh strategy and operational expertise, which may be viewed positively by investors given his deep sector experience.