ID resigns, new ID appointed; same person named CEO

Kmp ResignedManagement Changes View source PDF

RPPINFRA · 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 14 horizons · vs prior close

+8.3%1-day move

₹78.05

prior close

₹79.88

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.1-1.1-0.9-1.1+8.3+7.6+3.1+4.7+2.6+3.6-5.4-11.2-12.2-17.2

Up moveDown movePending

AI summary

R.P.P. Infra Projects' Board on April 20, 2026 approved: (1) Mr. K Jagannathan, a lawyer with 45 years' corporate law experience (ex-L&T), appointed as Non-Executive Independent Director for 2 years; (2) Noted Mr. Venkatesan Elliah Naidu's earlier resignation as Independent Director (effective March 2, 2026, for personal reasons); (3) Mr. Naidu, an IIT Madras alumnus with 40+ years in construction and infrastructure, appointed as CEO for 1 year; (4) Board committees reconstituted.

Likely market impact

New CEO brings deep infra execution experience; board refreshed with legal expert. Leadership continuity maintained with experienced insider as CEO.