OBEROIRLTYNSEOberoi Realty Limited· ConstructionMediumNegative
Announced Fri, 20 Jun · 18:17 IST

Oberoi Realty Limited has informed the Exchange regarding Resignation of Mr Abhay Gharpure as Other of the company w.e.f. June 20, 2025.

Kmp ResignedManagement Changes View source PDF

OBEROIRLTY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Oberoi Realty has informed the stock exchanges that Mr. Abhay Gharpure, Executive Vice President – Construction, has resigned from the company effective the close of business hours on June 20, 2025. He has stepped down citing personal reasons, as stated in his resignation letter dated May 26, 2025 addressed to Managing Director Vikas Oberoi. The disclosure was made under SEBI Listing Regulations, and his resignation letter has been attached to the filing.

Likely market impact

This is a senior management-level departure in the construction function, which is core to Oberoi Realty's real estate operations. Investors should watch for any communication on a replacement, as prolonged vacancy in a key execution role could affect project timelines, though no immediate financial impact is indicated.