Resignation of Senior Management Personnel

Kmp ResignedManagement Changes View source PDF Explain this filing

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

-0.6%Reaction day

₹8.95

prior close

₹9.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-0.3% vs market

Media & Entertainment peers, median of 11sector+0.0%-0.6% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.6 pts less than its Media & Entertainment 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.6-0.3-0.3+0.0-0.6

Next day

-2.9-0.6-2.3-1.9-1.0

-3.8-1.7-2.1+0.0-3.8

-4.6-3.8-0.8-0.5-4.1

-4.0-4.6+0.6-1.5-2.5

-4.1-5.0+0.8-2.8-1.3

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15d

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-8.9-1.4-7.5-4.2-4.7

-22.1-4.9-17.3-9.6-12.5

-25.6-5.9-19.7-8.9-16.7

UpDownMarket · Nifty Microcap 250Sector · Media & Entertainment peers, median of 11Pending

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

AI summary

Mr. Alok Barua, Chief Innovation Officer and Senior Management Personnel at Music Broadcast Limited (operator of Radio City), has resigned from his position. He submitted his resignation letter on July 24, 2025, with his last working day set as September 22, 2025. The reason cited is to pursue other professional opportunities. He has confirmed there are no material reasons for his departure beyond what has been stated. The company has disclosed this under SEBI Listing Regulations and made the resignation letter and required annexures publicly available.

Likely market impact

This is a routine senior-level exit. A single SMP departure from a non-CEO, non-CFO role is unlikely to materially affect stock price or operations, though investors may want to monitor whether the Chief Innovation Officer role is refilled or restructured.