BRIGADENSEBrigade Enterprises Limited· RealtyHighNeutral
Announced Fri, 22 Aug, 2025 · 20:08 IST

Brigade Enterprises Limited has informed the Exchange regarding Appointment of Mr Pradyumna Krishna Kumar as Chief Financial Officer of the company w.e.f. October 10, 2025.

Cfo ResignedKmp 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
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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
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-3.9-1.8-2.0-1.8-2.1
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-3.8-1.2-2.5-1.3-2.5
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-3.3-1.1-2.2-0.8-2.5
15d
-0.5+1.9-2.4+1.8-2.3
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-4.2-0.0-4.2-1.1-3.1
2m
+7.4+1.6+5.7-0.1+7.4
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-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

Brigade Enterprises announced that its CFO, Mr. Jayant B Manmadkar, has resigned due to personal reasons — specifically, a family member's health condition that requires him to relocate from Bengaluru to Mumbai. He will be relieved from his duties at the close of business on 9th October 2025. The Board has approved the appointment of Mr. Pradyumna Krishna Kumar, currently an Executive Director at the company, as the Interim Chief Financial Officer effective 10th October 2025. Mr. Pradyumna, aged 42, has over 16 years of experience in investor relations and private equity, has been with the Brigade Group since 2009, and holds an MBA from the Asian Institute of Management, Manila. The interim arrangement will continue until the Board appoints a new permanent CFO.

Likely market impact

This is a leadership transition at the CFO level. Since the outgoing CFO is leaving for personal/family reasons (not governance issues) and the replacement is a familiar internal executive, the move is unlikely to cause material disruption. Shareholders should watch for the appointment of a permanent CFO in due course.