SVP and CIO Narottam Sharma resigns from Jubilant FoodWorks

Kmp ResignedManagement Changes View source PDF Explain this filing

JUBLFOOD · price

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

-1.9%Reaction day

₹425.05

prior close

₹418.00

announcement price

In-mkt

timing

Nifty Midcap 150market-1.1%-0.8% vs market

Restaurants peers, median of 11sector-0.7%-1.2% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Midcap 150 and 1.2 pts less than its Restaurants 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

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Sessions after the filingfrom the prior close

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Reaction day

-1.9-1.1-0.8-0.7-1.2

Next day

-2.9-2.0-0.9-0.8-2.1

-1.5-2.1+0.6-0.2-1.4

+0.7-1.0+1.7+2.5-1.8

+1.6-1.0+2.6+0.5+1.0

+3.5-0.2+3.7+1.0+2.5

+3.2-0.1+3.3+1.5+1.7

15d

+13.3+1.5+11.7+21.2-7.9

+19.8+1.1+18.7+18.1+1.6

+15.6-1.7+17.3+15.3+0.3

-4.7-9.2+4.5-1.0-3.7

UpDownMarket · Nifty Midcap 150Sector · Restaurants peers, median of 11Pending

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

AI summary

Mr. Narottam Sharma, Senior Vice President and Chief Information Officer and Senior Managerial Personnel of Jubilant FoodWorks, has resigned to take up an external opportunity. He informed the company via email on July 21, 2026. His last working day will be September 18, 2026. The Board will appoint a successor in due course.

Likely market impact

Senior IT leadership change at Jubilant FoodWorks. Reason cited is an external opportunity, suggesting no governance concern. Successor yet to be named.