Announced Mon, 5 May · 15:58 IST

Deepak Builders & Engineers India Limited has informed the Exchange about General Updates

Cfo ResignedKmp ResignedManagement Changes View source PDF

DBEIL · price

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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

The company has informed the stock exchanges that Mr. Rishabh Gupta, its Chief Financial Officer and Key Managerial Personnel, will now be relieved from his duties on 31st May 2025 instead of the originally communicated date of 8th May 2025. This follows his earlier resignation letter, which was submitted around the same period. Mr. Gupta had initially been set to exit on 8th May 2025 but requested an extended tenure of about three more weeks before his formal departure. The intimation was signed by Managing Director Deepak Kumar Singal and filed to both NSE and BSE on 5th May 2025.

Likely market impact

This is a procedural update on a CFO resignation already disclosed — no new departure or surprise exit. The slightly delayed exit date may give the company a short window to find a replacement, but investors should watch for an announcement on the new CFO appointment soon.