PURVANSEPuravankara Limited· RealtyHighNegative
Announced Tue, 10 Jun, 2025 · 17:44 IST

Puravankara Limited has informed the Exchange regarding Resignation of Mr Shailesh Viswanathan as Other of the company w.e.f. Jun 09, 2025.

Kmp ResignedManagement Changes View source PDFExplain this filing

PURVA · price

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

Price reactionminutes from the announcement price · days from the prior close
-2.3%Reaction day
₹317.75
prior close
₹321.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%-2.7% vs market
Residential Commercial Projects peers, median of 57sector+0.1%-2.4% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.4 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
5m
-0.2
10m
-0.9
15m
-1.4
30m
-1.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.3+0.4-2.7+0.1-2.4
Next day
-4.3-1.1-3.2-1.6-2.7
2d
-6.1-1.4-4.7-0.7-5.4
3d
-6.5-1.1-5.4+0.1-6.6
4d
-8.8-2.1-6.7-0.4-8.4
5d
-11.9-2.4-9.5-1.9-10.0
1w
-8.5-3.9-4.7-1.5-7.1
15d
-12.1+0.0-12.1-1.1-10.9
1m
-10.0+0.2-10.2-1.1-8.8
2m
-18.5-4.4-14.1-10.6-7.9
3m
-10.0-1.6-8.4-7.6-2.4
UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 57Pending

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

AI summary

Puravankara Limited has informed the stock exchanges about the resignation of Mr. Shailesh Viswanathan from the post of Chief Business Officer and Senior Management, effective from the close of business hours on June 09, 2025. Mr. Viswanathan cited personal reasons for his departure and stated there are no other material reasons. The disclosure was filed under SEBI Listing Regulations, and copies of the resignation letter and required Annexure I details have been shared with BSE and NSE.

Likely market impact

This is a senior management exit at Puravankara and may be viewed as a mild negative by the market, though the stated reason is personal and non-material. Investors should watch for any successor announcement to assess continuity in the company's business operations.