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GARUDANSEGaruda Construction and Engineering Limited· RealtyHighNegative
Announced Thu, 9 Apr, 2026 · 17:18 IST

Garuda Construction and Engineering Limited has informed the Exchange regarding Resignation of Ms Priyanka Yadav as Non- Executive Independent Director of the company w.e.f. April 03, 2026.

GARUDA · 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
+4.5%Reaction day
₹163.69
prior close
₹164.51
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+2.1%+2.3% vs market
Residential Commercial Projects peers, median of 60sector+1.6%+2.9% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.9 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
+1.3
10m
+2.0
15m
+2.6
30m
+2.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+4.5+2.1+2.3+1.6+2.9
Next day
+3.7+2.1+1.7+0.8+3.0
2d
+6.7+4.7+2.0+3.5+3.2
3d
+8.1+5.9+2.2+4.8+3.3
4d
+8.8+7.1+1.7+4.5+4.3
5d
+7.1+6.5+0.6+4.2+2.9
1w
+8.3+9.1-0.8+7.2+1.0
15d
+21.3+10.8+10.4+7.3+14.0
1m
+15.2+12.6+2.6+7.2+8.1
2m
-0.4+12.0-12.4-1.0+0.6
3m
+8.6+21.4-12.8+10.5-1.9
UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 60Pending

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

AI summary

Ms. Priyanka Yadav has resigned from her position as an Independent Director (Non-Executive) of Garuda Construction and Engineering Limited, effective April 3, 2026. The resignation was submitted via her letter dated the same date. She has also resigned from her positions on various committees of the company. The stated reason for resignation is personal reasons, with a confirmation that there are no other material reasons behind her decision. Ms. Yadav held independent directorships in three other listed entities: Artemis Electricals and Projects Limited, Electro Force (India) Limited, and Blue Jet Healthcare Limited.

Likely market impact

This is a routine independent director resignation with no material concerns flagged. The board composition will change, and shareholders should monitor whether the company appoints a replacement independent director to maintain board independence requirements.