EVP-Construction Milind Naik resigns effective April 30, 2026

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

OBEROIRLTY · price

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

+1.1%Reaction day

₹1668.80

prior close

₹1669.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.7%+0.4% vs market

Residential Commercial Projects peers, median of 65sector+1.4%-0.2% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Midcap 150 and 0.2 pts less 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

+1.0

10m

+0.6

15m

+1.0

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.7+0.4+1.4-0.2

Next day

-0.5+0.8-1.3+0.6-1.1

+0.6+2.5-2.0+2.5-2.0

+0.1+3.7-3.6+4.2-4.1

+2.2+3.5-1.3+2.7-0.6

-2.2+2.4-4.6+0.8-3.0

-3.2+0.4-3.6-0.9-2.3

15d

+2.3+3.2-0.8-1.5+3.8

-2.5+1.4-4.0-3.8+1.3

+16.8+4.4+12.4+0.5+16.4

+6.6+6.1+0.5-1.8+8.4

UpDownMarket · Nifty Midcap 150Sector · Residential Commercial Projects peers, median of 65Pending

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

AI summary

Mr. Milind Naik has resigned as Executive Vice President - Construction of Oberoi Realty Limited for future better prospects, with his last working day on April 30, 2026. He was part of the company's senior management personnel. The company has disclosed this under SEBI Listing Regulations and attached his resignation letter.

Likely market impact

Loss of a senior construction leader; may raise minor execution risk concerns but he was not a board member or CEO.