Bharat Road Network Limited has informed the Exchange regarding Cessation of Mr. Brahm Dutt as Chairman of the company w.e.f. May 13, 2025.

Kmp ResignedManagement Changes View source PDF Explain this filing

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

+4.9%Reaction day

₹23.37

prior close

₹24.49

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+3.2% vs market

Road Assets - Toll Annuity Hybrid-Annuity peers, median of 5sector+2.0%+2.9% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 2.9 pts more than its Road Assets - Toll Annuity Hybrid-Annuity 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

-4.0

10m

-0.4

15m

-0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.9+1.6+3.2+2.0+2.9

Next day

+7.0+2.6+4.3+3.9+3.0

+2.7+3.4-0.7+4.4-1.7

+6.5+4.7+1.9+3.4+3.2

+2.7+3.6-0.9+2.4+0.3

+2.7+4.4-1.7+2.2+0.5

+1.6+4.9-3.3+1.2+0.4

15d

-1.6+6.8-8.4+7.6-9.2

-3.7+8.4-12.1+4.9-8.6

-12.3+10.0-22.3+10.7-23.0

-18.7+4.7-23.3-6.5-12.2

UpDownMarket · Nifty Microcap 250Sector · Road Assets - Toll Annuity Hybrid-Annuity peers, median of 5Pending

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

AI summary

Bharat Road Network Limited has informed the stock exchanges that Mr. Brahm Dutt has ceased to be the Chairman of the company with effect from May 13, 2025. No reason for the cessation has been disclosed in the filing. The company has not yet announced a replacement for the Chairman position. This is a key leadership change at the board level and may have governance implications for the company's future direction.

Likely market impact

Investors should watch for further updates on a successor appointment, as the Chairman's exit could signal shifts in board strategy or governance. Short-term stock sentiment may be mildly negative until clarity emerges on the reason and replacement.