Kolte-Patil appoints Hrishikesh Parandekar as CEO from 24 August 2026

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

KOLTEPATIL · 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

+1.8%Reaction day

₹456.70

prior close

₹462.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+1.3% vs market

Residential Commercial Projects peers, median of 64sector+0.9%+0.9% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.9 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

+5.0

10m

+3.9

15m

+3.6

30m

+4.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+0.5+1.3+0.9+0.9

Next day

+2.3+0.8+1.5+1.1+1.2

-0.6+1.0-1.6+1.3-1.8

+0.7+0.6+0.1+0.7+0.1

-0.3+1.2-1.5+0.6-0.9

-2.0+0.9-3.0-0.2-1.9

-1.5+1.6-3.1-0.5-1.0

15d

-2.1+1.9-4.0-3.6+1.4

-6.5+0.8-7.3-4.0-2.5

-8.5-5.7-2.8-9.6+1.1

—————

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 64Pending

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

AI summary

Kolte-Patil Developers appointed Hrishikesh Parandekar as CEO, effective 24 August 2026. He joins from Alpha Alternatives, where he was Senior Partner for Strategic Partnerships and Real Estate Investing, and brings over 30 years of experience across real estate, investments and strategy. He will lead expansion, execution, operational performance and institutional strengthening. The company operates mainly in Pune, with a presence in Mumbai and Bengaluru; it also noted Blackstone acquired a 40% stake in FY26.

Likely market impact

A senior external hire signals a leadership refresh focused on growth and execution. Delivery of expansion and operating goals will be the key measure for shareholders.