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BRIGADENSEBrigade Enterprises Limited· RealtyHighNegative
Announced Fri, 22 Aug, 2025 · 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 resignedKey managerial personnel resignedManagement Changes View source PDFExplain this filing

BRIGADE · 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
+0.8%Reaction day
₹960.20
prior close
₹976.10
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%+0.8% vs market
Residential Commercial Projects peers, median of 60sector-0.2%+1.0% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 1.0 pts more than its Residential Commercial Projects 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
5m
+0.5
10m
-0.0
15m
-0.2
30m
-0.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.8+0.1+0.8-0.2+1.0
Next day
-1.8-1.8-0.0-0.9-0.9
2d
-0.5-2.9+2.3-2.5+2.0
3d
-4.1-3.2-0.9-2.9-1.2
4d
-3.9-1.8-2.0-1.8-2.1
5d
-3.8-1.2-2.5-1.3-2.5
1w
-3.3-1.1-2.2-0.8-2.5
15d
-0.5+1.9-2.4+1.8-2.3
1m
-4.2-0.0-4.2-1.1-3.1
2m
+7.4+1.6+5.7-0.1+7.4
3m
-5.7-2.4-3.3-5.4-0.4
UpDownMarket · Nifty Smallcap 250Sector · Residential Commercial Projects peers, median of 60Pending

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

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.