CMD Hari Mohan Gupta to step down on Jun 30, 2026

Ceo ResignedManagement Changes View source PDF Explain this filing

IRCON · price

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

+3.3%Reaction day

₹131.21

prior close

₹131.50

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.5%+2.8% vs market

Civil Construction peers, median of 99sector-0.1%+3.3% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Smallcap 250 and 3.3 pts more than its Civil Construction 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

+0.6

10m

+0.9

15m

+0.4

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.3+0.5+2.8-0.1+3.3

Next day

+2.4+1.5+0.9+0.0+2.4

+2.2+1.6+0.6-0.6+2.7

+2.6+2.0+0.6-0.6+3.2

+1.4+1.3+0.1-1.7+3.1

-1.6-0.7-0.9-3.3+1.7

+0.3+2.2-2.0-1.9+2.1

15d

-3.0+0.8-3.8-4.4+1.4

+0.3+2.5-2.2-4.2+4.5

-9.0+3.6-12.6-8.4-0.6

-15.7-0.7-14.9-12.8-2.9

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 99Pending

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

AI summary

Ircon International Limited has informed the Exchange that Mr Hari Mohan Gupta will cease to be Chairman and Managing Director of the company with effect from June 30, 2026. The filing does not specify whether the exit is a retirement, completion of term, or resignation. No reason or successor details have been shared in this update. This is a top-level leadership change at the railway construction PSU.

Likely market impact

Top leadership exit at a PSU railway construction firm; investors will watch for successor announcement and clarity on reasons for the change.