Founder-promoter resigns as Chairman and Wholetime Director

Kmp ResignedManagement Changes View source PDF Explain this filing

GRINFRA · price

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹1150.00

prior close

₹1151.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.0% vs market

Civil Construction peers, median of 95sector-0.5%-0.8% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.8 pts less than its Civil Construction 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

-1.1

10m

-1.1

15m

-1.4

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.3-1.0-0.5-0.8

Next day

-2.1+0.7-2.8+0.0-2.1

-3.5+0.6-4.1-0.5-2.9

-3.4+0.5-3.9-0.2-3.2

-3.7+1.1-4.8-0.4-3.2

-3.9+0.3-4.2-1.5-2.4

-5.7-0.2-5.5-1.9-3.9

15d

-6.9-2.2-4.6-4.8-2.1

-12.2-4.9-7.2-7.2-5.0

-17.0-7.5-9.6-12.3-4.7

-15.0-4.8-10.2-13.3-1.7

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 95Pending

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

AI summary

Vinod Kumar Agarwal resigned as Chairman, Wholetime Director and board member effective 10 November 2025, citing health reasons. The company said there were no other material reasons. Agarwal is a founder and promoter who had served the company since its inception in 1995.

Likely market impact

The founder-promoter is leaving the board and executive leadership, raising succession and oversight concerns. No successor was named.