MAXESTATESBSEMAX ESTATES LIMITEDMediumNeutral
Announced Thu, 22 Oct, 2026 · 18:47 IST

Director and Chief Corporate Affairs Officer resigns

Kmp ResignedManagement Changes View source PDFExplain this filing

MAXESTATES · 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
-1.5%Reaction day
₹492.50
prior close
₹490.25
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.3%+0.8% vs market
Residential Commercial Projects peers, median of 66sector-2.8%+1.3% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.3 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
5m
-1.1
10m
-1.7
15m
-3.0
30m
-3.2
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.5-2.3+0.8-2.8+1.3
Next day
+1.0-1.9+3.0-2.3+3.4
2d
+4.2-0.2+4.4-0.6+4.8
3d
+3.6pendingpending-0.5+4.0
4d
—————
5d
—————
1w
—————
15d
—————
1m
—————
2m
—————
3m
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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

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

AI summary

Mr. Dharmender Kumar resigned as Director and Chief Corporate Affairs Officer and a senior management member, effective after business hours on October 21, 2026. He said he was pursuing a new professional opportunity. The company appreciated his service and reported no disagreement.

Likely market impact

The senior management departure may create some short-term uncertainty, but no disagreement or governance concern was reported.