Senior management exit at Max Estates as Head of Digital and IT resigns

Management Changes View source PDF Explain 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

+1.7%Reaction day

₹386.50

prior close

₹394.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+0.6% vs market

Residential Commercial Projects peers, median of 64sector+0.4%+1.3% vs sector

On the reaction day the stock moved 0.6 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

-1.7

10m

-1.0

15m

-1.2

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+1.1+0.6+0.4+1.3

Next day

+4.8+2.4+2.3+1.6+3.2

+1.4+2.9-1.4+0.7+0.8

+1.7+4.2-2.5+0.6+1.1

+5.8+4.6+1.3+0.6+5.3

+3.2+4.6-1.4-0.1+3.3

+10.2+4.4+5.9-0.6+10.9

15d

+27.0+5.7+21.3-0.6+27.7

+34.2+6.6+27.7-1.9+36.1

+50.7+5.4+45.3-4.8+55.4

—————

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

Mr. Vikram Vij, Head of Digital and IT and part of Senior Management at Max Estates Limited, has resigned effective July 30, 2026. His resignation letter was dated May 3, 2026, and he cited pursuing a new professional opportunity. The company recorded its appreciation for his contributions.

Likely market impact

Exit of a senior manager in the Digital and IT function. Watch for a successor announcement; limited immediate impact on shareholders expected.