Announced Sat, 24 Oct, 2026 · 15:28 IST
IT head Mitesh Garg resigns effective 31 October 2026
HORIZONIND · price
▲ 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
+6.0%Reaction day
₹42.25
prior close
₹42.01
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+5.6% vs market
On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250, 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
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-0.7
10m
-1.0
15m
+0.2
30m
+1.1
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
+6.0+0.4+5.6
Next day
+9.5pendingpending
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UpDownMarket · Nifty Microcap 250Pending
Minute windows have no benchmark: there is no intraday index history to compare against.
AI summary
Executive Vice President and IT Head Mitesh Garg has resigned to pursue opportunities outside the company. His departure is effective 31 October 2026. He will support a smooth transition of his technology and digital transformation responsibilities.
Likely market impact
The departure may create some short-term uncertainty around IT leadership, but no financial impact was disclosed.