BEML ED Shivakumar HG ceases due to superannuation

Kmp ResignedManagement Changes View source PDF Explain this filing

BEML · 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

+1.8%Reaction day

₹1939.90

prior close

₹1940.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.0%+1.8% vs market

Construction Vehicles peers, median of 5sector-1.0%+2.7% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty Smallcap 250 and 2.7 pts more than its Construction Vehicles 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

-0.4

10m

-0.1

15m

-0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8-0.0+1.8-1.0+2.7

Next day

+5.1-0.6+5.7-0.6+5.7

+6.9+0.4+6.5+0.8+6.1

+6.1+0.6+5.5+1.1+5.0

+7.8+0.6+7.2+0.2+7.6

+8.2+0.8+7.4+4.4+3.8

+4.6+0.3+4.3+2.3+2.2

15d

+8.0+0.2+7.8+5.4+2.6

+1.0-4.3+5.3+2.2-1.1

—————

UpDownMarket · Nifty Smallcap 250Sector · Construction Vehicles peers, median of 5Pending

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

AI summary

BEML Limited informed stock exchanges about the cessation of Mr Shivakumar HG as Executive Director (Offg.) of the FPIIC division, effective from the close of business on August 31, 2026. The exit is on account of his superannuation (retirement). The disclosure has been made under SEBI Listing Regulations 30 read with Schedule III Part A Para A(7).

Likely market impact

Planned retirement of an executive director; low governance risk. Investors should watch for the appointment of a new ED in due course.