Change in Senior Management Personnel of the Company

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

DMART · price

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

+0.3%Reaction day

₹4340.00

prior close

₹4341.40

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.3%+0.7% vs market

Diversified Retail peers, median of 8sector-0.7%+1.1% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty 100 and 1.1 pts more than its Diversified Retail 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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Sessions after the filingfrom the prior close

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Reaction day

+0.3-0.3+0.7-0.7+1.1

Next day

-0.8-0.5-0.3-2.9+2.0

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15d

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-9.4+1.9-11.4+2.9-12.4

-7.9+3.3-11.2-9.9+1.9

UpDownMarket · Nifty 100Sector · Diversified Retail peers, median of 8Pending

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

AI summary

Mr. Shyam Gupta has tendered his resignation as Head - Apparels, Senior Management Personnel at Avenue Supermarts Ltd (DMart). The resignation was submitted on 14th May, 2026 citing personal reasons. His last working day will be 12th August, 2026, providing approximately 3 months notice for transition. The company has disclosed this under SEBI's Regulation 30 for Listing Obligations. This is a mid-level senior management change in the apparels division, not involving top leadership positions like CEO or CFO.

Likely market impact

The departure of a divisional head in the apparels category is a routine operational change and unlikely to materially impact DMart's stock price or operations, given the extended transition period and functional nature of the role.