Deputy CEO resigns, stays on as Non-Executive Director

Kmp ResignedManagement Changes View source PDF Explain this filing

GMRAIRPORT · price

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

+4.6%Reaction day

₹87.77

prior close

₹88.89

announcement price

After-mkt

timing

Nifty Midcap 150market+1.4%+3.2% vs market

Transport Infrastructure peers, median of 14sector · industry level+0.9%+3.6% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Midcap 150 and 3.6 pts more than its Transport Infrastructure 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

+0.7

10m

+0.5

15m

+0.9

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.6+1.4+3.2+0.9+3.6

Next day

+2.0+1.4+0.5+1.2+0.8

+2.9+2.4+0.5+2.5+0.4

+2.3+2.4-0.1+2.4-0.2

+3.1+2.1+1.0+1.2+1.8

+2.0+2.0-0.0+0.9+1.1

-0.3-0.5+0.3-4.6+4.3

15d

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UpDownMarket · Nifty Midcap 150Sector · Transport Infrastructure peers, median of 14Pending

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

AI summary

Mr. Alexis Benjamin Riols has resigned as Executive Director and Deputy CEO of GMR Airports, effective October 8, 2026. Co-promoter Group ADP withdrew his nomination due to its own organisational changes. He continues on the board as a Non-Executive, Non-Independent Director. Group ADP will nominate a replacement, to be taken up for approvals separately.

Likely market impact

Senior-level leadership change but board continuity preserved as he stays on. Watch for upcoming replacement nomination from co-promoter Group ADP.