CEO Mr. Prakash Hari Khose resigns citing personal reasons

CEO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

NIBE · price

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

-2.4%Reaction day

₹1683.00

prior close

₹1650.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-2.1% vs market

Aerospace & Defense peers, median of 24sector-0.3%-2.1% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.1 pts less than its Aerospace & Defense 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

-2.1

10m

-2.7

15m

-1.7

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-0.3-2.1-0.3-2.1

Next day

-0.8+0.8-1.5+2.1-2.9

-1.3+0.9-2.2+1.7-3.0

-1.6+1.8-3.4+2.8-4.4

-2.3+1.5-3.8+2.4-4.7

-4.3+1.7-6.0+4.4-8.8

-11.5-1.1-10.4+1.6-13.1

15d

-7.2+1.0-8.2+0.2-7.4

-16.8+0.4-17.2-2.8-14.0

-18.6+6.4-24.9+0.5-19.1

-26.3+5.5-31.8+4.4-30.7

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 24Pending

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

AI summary

Mr. Prakash Hari Khose has resigned as Chief Executive Officer and Key Managerial Personnel of NIBE Limited, effective from close of business hours on June 25, 2026. The reason stated is personal, with no other material reasons disclosed. The company has filed the intimation with BSE and NSE under Regulation 30 of SEBI LODR. The resignation letter has been enclosed.

Likely market impact

Sudden CEO exit may create short-term leadership uncertainty. Watch for naming of a successor and any strategic shifts going forward.