MD Gautam Suri resigns on medical grounds; new directors appointed

Kmp ResignedManagement Changes View source PDF Explain this filing

KRIDHANINF · price

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

-3.1%Reaction day

₹2.57

prior close

₹2.59

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%-1.9% vs market

On the reaction day the stock moved 1.9 pts less 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

-0.4

10m

-0.4

15m

-0.4

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-3.1-1.2-1.9

Next day

-3.9-1.9-2.0

-6.6-1.4-5.2

-8.6-0.1-8.4

-7.8-1.4-6.4

-8.9-1.0-8.0

-8.6-0.4-8.1

15d

-12.5+3.2-15.6

-21.0+4.4-25.4

-27.6+4.6-32.2

-22.2-3.6-18.6

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Managing Director Gautam Suri resigned from Kridhan Infra effective July 21, 2026, citing medical reasons. Alongside, the company appointed Mr. Badatala Sreenivasa Rao as Independent Director, Mr. Krishnaprasad Sunder Rao as Whole Time Director, elevated CFO Mr. Mithlesh Jaiswal to Executive Director, and named Ms. Ekta Rathod as Company Secretary.

Likely market impact

Leadership change at MD level due to medical grounds, which may soften market reaction. New appointments suggest continuity planning is underway.