Nachiket Deshpande resigns as Whole-time Director and President

Kmp ResignedManagement Changes View source PDF Explain this filing

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

-1.1%Reaction day

₹5606.50

prior close

₹5545.50

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.1%-1.2% vs market

Computers - Software & Consulting peers, median of 63sector+0.7%-1.8% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty 100 and 1.8 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-1.1+0.1-1.2+0.7-1.8

Next day

-0.1+0.2-0.2+1.3-1.4

-1.2-0.2-1.0+1.9-3.0

+0.5+0.4+0.0+2.0-1.5

-0.2+0.3-0.4+1.4-1.6

+1.1+0.9+0.2+1.3-0.2

+1.3-0.3+1.6+1.4-0.0

15d

+4.3+0.2+4.1+0.5+3.8

+5.7+0.5+5.2-0.5+6.2

+10.6+0.9+9.6-2.0+12.5

+4.2-2.8+7.0-12.8+17.0

UpDownMarket · Nifty 100Sector · Computers - Software & Consulting peers, median of 63Pending

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

AI summary

Nachiket Deshpande resigned from LTIMindtree's board and as Whole-time Director and President, with his final working day set for October 31, 2025. He said he was leaving to explore new opportunities. He joined the board in 2019 and had recently led AI Services. The filing names no successor.

Likely market impact

Venu Lambu remains CEO and Managing Director, but the senior exit may raise shareholder questions about leadership continuity and succession planning.