Pirojsha Godrej shifts from Executive to Non-Executive Chairperson at GPL

Kmp ResignedManagement Changes View source PDF Explain this filing

GODREJPROP · 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

+1.2%Reaction day

₹2004.00

prior close

₹2023.10

announcement price

In-mkt

timing

Nifty Midcap 150market+0.1%+1.1% vs market

Residential Commercial Projects peers, median of 65sector+0.2%+1.0% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Midcap 150 and 1.0 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

-0.1

10m

-0.2

15m

-0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+0.1+1.1+0.2+1.0

Next day

-0.7-0.4-0.3+0.3-1.0

+2.5-0.3+2.8+0.6+1.9

-0.3-0.7+0.3-0.1-0.2

+0.2-0.9+1.1-1.0+1.1

+0.8-0.6+1.4+0.2+0.6

+1.4-0.4+1.8+0.1+1.4

15d

-1.2-1.3+0.1-1.1-0.1

-17.2-4.9-12.3-5.9-11.3

-20.8-7.2-13.6-6.9-14.0

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UpDownMarket · Nifty Midcap 150Sector · Residential Commercial Projects peers, median of 65Pending

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

AI summary

Pirojsha Godrej re-designated from Executive Chairperson to Non-Executive Non-Independent Director and Chairperson of Godrej Properties, effective August 14, 2026. He ceases to be a Key Managerial Personnel. He moves up to lead Godrej Industries Limited as Executive Chairperson and head the Godrej Industries Group, succeeding Nadir Godrej in a planned generational transition. Board approved on August 13, 2026, subject to shareholder approval.

Likely market impact

Planned succession; Pirojsha stays on as Non-Executive Chairperson. He exits KMP role to lead parent group. Neutral for governance; promoter oversight continues.