ASHOKLEYNSEASHOK LEYLAND LTD· Automobiles - 4 WheelersMediumNegative
Announced Mon, 26 Oct, 2026 · 12:06 IST

Senior HR head Raja Radhakrishnan resigns from Ashok Leyland

Kmp ResignedManagement Changes View source PDFExplain this filing

ASHOKLEY · 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
-2.1%Reaction day
₹144.95
prior close
₹141.90
announcement price
In-mkt
timing
Nifty Midcap 150market+1.1%-3.2% vs market
Agricultural Commercial & Construction Vehicles peers, median of 10sector · industry level-0.8%-1.3% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty Midcap 150 and 1.3 pts less than its Agricultural Commercial & Construction Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Midcap 150Sector · Agricultural Commercial & Construction Vehicles peers, median of 10Pending

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AI summary

Ashok Leyland said Raja Radhakrishnan, Head of Special Projects in Human Resources and President and chief human resources officer, resigned effective close of business on October 21, 2026. He said he was pursuing other career options, including starting his own venture. He will help with the transition and may remain with the company in another capacity until the end of 2026.

Likely market impact

The departure creates some short-term leadership transition risk in HR, but a handover is planned and no financial impact was disclosed.