Oberoi Realty Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF Explain this filing

OBEROIRLTY · price

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

+0.1%Reaction day

₹1915.80

prior close

₹1914.90

announcement price

After-mkt

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.2%+0.3% vs market

Residential Commercial Projects peers, median of 57sector-0.3%+0.4% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Midcap 150 and 0.4 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Midcap 150Sector · Residential Commercial Projects peers, median of 57Pending

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

AI summary

Oberoi Realty has informed the stock exchanges that Mr. Karamjit Singh Kalsi, an Independent Director on the company's board, has stepped down effective June 30, 2025. His departure is due to the mandatory retirement rule after he completed two consecutive five-year terms (10 years in total). This is a routine exit required under Section 149(11) of the Companies Act, 2013 and SEBI Listing Regulations. No replacement appointment has been announced in this filing. The company filed the disclosure through its Company Secretary, Bhaskar Kshirsagar.

Likely market impact

This is a routine, regulation-driven retirement and is unlikely to have any material impact on the company's operations or stock price. Shareholders should watch for a separate announcement if and when a new Independent Director is appointed to fill the vacancy.