CFO Harsh Jhunjhunwala resigns from RDB Real Estate with immediate effect

Cfo ResignedManagement Changes View source PDF Explain this filing

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

+4.1%Reaction day

₹151.55

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+4.7% vs market

Residential, Commercial Projects peers, median of 56sector-0.0%+4.1% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 4.1 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 Microcap 250Sector · Residential, Commercial Projects peers, median of 56Pending

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AI summary

Mr. Harsh Jhunjhunwala has resigned as Chief Financial Officer of RDB Real Estate Constructions Ltd with immediate effect from June 24, 2026, citing personal and professional commitments. He also ceases to be a Key Managerial Personnel under the Companies Act. No replacement CFO has been announced yet. The company has accepted the resignation and filed the required disclosure with BSE under Regulation 30.

Likely market impact

CFO exit may create short-term leadership uncertainty in finance function; watch for new CFO appointment announcement.