GLENMARKNSEGlenmark Pharmaceuticals Limited· Pharmaceuticals & BiotechnologyHighNegative
Announced Mon, 7 Apr, 2025 · 07:42 IST

Glenmark Pharmaceuticals Limited has informed the Exchange regarding Cessation of Mr. V.S. Mani as Executive Director of the company w.e.f. May 26, 2025.

Kmp ResignedManagement Changes View source PDFExplain this filing

GLENMARK · 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
-3.8%Reaction day
₹1500.00
prior close
₹1360.00
announcement price
After-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-3.6%-0.2% vs market
Pharmaceuticals peers, median of 147sector-3.9%+0.1% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Midcap 150 and 0.1 pts more 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
5m
+4.7
10m
+6.0
15m
+6.4
30m
+6.2
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-3.8-3.6-0.2-3.9+0.1
Next day
-3.6-1.5-2.1-2.4-1.2
2d
-8.3-2.2-6.1-3.9-4.4
3d
-8.0-0.3-7.7-1.6-6.4
4d
-8.5+2.7-11.2+1.2-9.6
5d
-9.7+3.5-13.1+2.2-11.8
1w
-8.7+6.4-15.1+3.4-12.1
15d
-8.7+5.7-14.4-0.3-8.4
1m
-4.4+6.8-11.2-0.3-4.1
2m
+6.7+17.3-10.7+6.9-0.2
3m
+23.9+17.4+6.6+6.6+17.4
UpDownMarket · Nifty Midcap 150Sector · Pharmaceuticals peers, median of 147Pending

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

AI summary

Glenmark Pharmaceuticals has informed the stock exchange about the cessation of Mr. V.S. Mani from the position of Executive Director, effective May 26, 2025. The announcement does not specify the reason for his departure. No details about a successor or restructuring of the board have been mentioned in this filing. Mr. Mani was part of the company's executive leadership as an Executive Director.

Likely market impact

Investors should monitor for further disclosures regarding the reason behind Mr. V.S. Mani's exit and any succession plans. A single senior-level departure without clear context may create short-term uncertainty, but its impact on stock price depends on the role and influence he held within the company.