MD and CEO Girish Kousgi vacates office

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

+0.5%Reaction day

₹937.00

prior close

₹933.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%+0.1% vs market

Housing Finance Company peers, median of 17sector+0.7%-0.1% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 0.1 pts less than its Housing Finance Company 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

-0.2

10m

+0.6

15m

+0.7

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+0.4+0.1+0.7-0.1

Next day

-0.4+0.4-0.8+0.3-0.7

-1.0-0.2-0.8-0.3-0.7

+0.2+0.5-0.3-0.3+0.5

-0.8-0.2-0.6-0.7-0.0

-3.1-1.6-1.5-2.5-0.6

-3.9-1.9-2.0-2.4-1.5

15d

-3.4-2.4-1.0-3.7+0.3

-3.1-3.3+0.2-6.3+3.2

-0.2-4.7+4.5-8.2+8.0

-10.8-9.9-0.9-10.9+0.1

UpDownMarket · Nifty Smallcap 250Sector · Housing Finance Company peers, median of 17Pending

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

AI summary

Girish Kousgi vacated his office as Managing Director and CEO at close of business on October 28, 2025. Approvals for a new appointment are under process. Executive Director Jatul Anand will lead the company meanwhile, guided by the board chaired by PNB nominee director D. Surendran.

Likely market impact

The leadership change may create short-term uncertainty, but interim management is in place. The new MD and CEO could influence strategy and investor sentiment.