Company Secretary Prashant Kaushik steps down; Sushanta Kumar Panda appointed

Kmp ResignedManagement Changes View source PDF Explain this filing

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

-3.1%Reaction day

₹260.00

prior close

₹260.65

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.6%-3.7% vs market

Power Generation peers, median of 26sector+1.2%-4.3% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Midcap 150 and 4.3 pts less than its Power Generation 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

-1.6

10m

-2.4

15m

-2.6

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1+0.6-3.7+1.2-4.3

Next day

+0.5+0.4+0.1+0.9-0.4

+0.6-0.1+0.7+0.1+0.5

-0.4+0.7-1.1-0.3-0.1

+0.8+0.3+0.5-1.1+2.0

-0.8-0.6-0.2-2.8+2.0

+1.0+0.3+0.7-3.8+4.7

15d

-3.5+1.6-5.0-5.9+2.5

-7.6+1.4-9.0-8.6+1.0

-1.4+0.2-1.6-14.0+12.6

+1.6-2.6+4.2-19.8+21.4

UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 26Pending

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

AI summary

Prashant Vinay Kaushik ceased as Company Secretary and Compliance Officer on October 29, 2025, and Sushanta Kumar Panda was appointed from October 30. Q2 FY26 standalone profit rose to Rs 485.49 crore from Rs 339.39 crore, with revenue of Rs 2,564.91 crore. The board approved up to Rs 666 crore for renewable projects and a Rs 1,200 crore PNB term loan to refinance debt.

Likely market impact

Routine KMP handover limits governance risk. Profit rose 43%, but land shortage and a going-concern warning remain key risks for the stock.