BRIGADENSEBrigade Enterprises Limited· ConstructionHighNegative
Announced Fri, 22 Aug · 23:40 IST

Brigade Enterprises Limited has informed the Exchange regarding Resignation of Mr Jayant B Manmadkar as Chief Financial Officer of the company w.e.f. October 09, 2025.

Cfo ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Jayant B Manmadkar has resigned as Chief Financial Officer and Key Managerial Personnel of Brigade Enterprises, effective the close of business hours on October 9, 2025. The resignation is due to personal reasons — specifically the health condition of a family member, which requires him to relocate from Bengaluru to Mumbai. The Board, at its meeting on August 22, 2025, has approved the designation of Mr. Pradyumna Krishna Kumar, an existing Executive Director, as Interim CFO and KMP from October 10, 2025 until a permanent CFO is appointed. Mr. Pradyumna, aged 42, has over 17 years of experience, has been with the Brigade Group since 2009, and holds an MBA from the Asian Institute of Management, Manila.

Likely market impact

The transition is well-managed with an internal executive stepping in as interim CFO, minimising disruption. Investors should monitor for the announcement of a permanent CFO appointment, as prolonged interim arrangements can sometimes create uncertainty around financial leadership.