Change in employee categorized as Senior Management Personnel
Awaiting price reaction for this filing.
Oberoi Realty has informed the stock exchanges that Mr. Abhay Gharpure, Executive Vice President – Construction, has resigned from the company effective end of business hours on June 20, 2025. He has cited personal reasons for his departure and his resignation letter is attached to the filing. No replacement has been announced in this disclosure. Mr. Gharpure was part of the senior management team overseeing construction operations.
The exit of a senior construction head may create short-term operational uncertainty in project execution, though it is not a board-level or CEO/CFO change. Investors should watch for any forthcoming announcement on his replacement to gauge continuity in the construction function.