Dr. Reddy's: Global Head of IPDO resigns

Kmp ResignedManagement Changes View source PDF Explain this filing

DRREDDY · 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

-1.6%Reaction day

₹1276.00

prior close

₹1279.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.2%-1.8% vs market

Pharmaceuticals peers, median of 159sector+0.4%-2.0% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty 100 and 2.0 pts less than its Pharmaceuticals 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

+0.1

10m

-0.1

15m

+0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.2-1.8+0.4-2.0

Next day

-0.7+0.4-1.1+0.3-1.0

-0.3-0.2-0.2+0.0-0.3

-0.5-1.5+1.0-1.2+0.7

-0.6-0.7+0.0-1.8+1.2

+0.4-0.4+0.8-1.8+2.3

+0.1-1.5+1.6-2.6+2.7

15d

+1.2-5.2+6.4-7.0+8.2

+2.8-5.8+8.5-5.1+7.9

-3.6-6.3+2.7-3.3-0.3

+0.5-6.4+6.9+3.2-2.8

UpDownMarket · Nifty 100Sector · Pharmaceuticals peers, median of 159Pending

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

AI summary

Mr. Sushrut Kulkarni, Global Head of IPDO and Senior Management Personnel, has resigned from Dr. Reddy's Laboratories effective May 8, 2026. He is leaving to explore opportunities outside the company and will support a smooth handover during his notice period.

Likely market impact

Senior management exit may cause short-term transition uncertainty; no immediate operational impact expected.