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MANAPPURAMBSEManappuram Finance Ltd· FinanceCriticalNegative
Announced Fri, 3 Jul, 2026 · 17:12 IST

Manappuram Finance CEO Deepak Reddy resigns, exit effective 31 Dec 2026

CEO resignedManagement Changes View source PDFExplain this filing

MANAPPURAM · 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
+5.5%Reaction day
₹328.70
prior close
₹326.70
announcement price
After-mkt
timing
Nifty Smallcap 250market+0.5%+5.0% vs market
Non Banking Financial Company (NBFC) peers, median of 214sector+0.0%+5.5% vs sector

On the reaction day the stock moved 5.0 pts more than Nifty Smallcap 250 and 5.5 pts more than its Non Banking Financial Company (NBFC) 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
5m
-0.3
10m
-0.3
15m
+0.7
30m
+1.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+5.5+0.5+5.0+0.0+5.5
Next day
+4.1-0.2+4.3-0.6+4.7
2d
+1.3-2.2+3.5-1.8+3.0
3d
+1.2-0.7+1.9-1.0+2.3
4d
+3.8+0.7+3.2-0.5+4.4
5d
+0.9+1.0-0.1-0.4+1.3
1w
-0.0+0.6-0.6-0.9+0.9
15d
+9.5-1.0+10.5-1.7+11.2
1m
+10.7+2.0+8.7-1.4+12.2
2m
-1.0+2.7-3.7-1.9+0.9
3m
-5.7-0.5-5.2-3.6-2.1
UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 214Pending

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

AI summary

Mr. Deepak Reddy has resigned as Chief Executive Officer and Key Managerial Personnel of Manappuram Finance to pursue other personal and professional interests. He submitted his resignation via email on July 03, 2026, and will be relieved from close of business hours on December 31, 2026. He will remain on garden leave during the about six month transition period before his formal cessation date.

Likely market impact

Planned CEO exit with a six month transition window allows orderly succession; may cause short term leadership uncertainty.