Reliance Infrastructure Limited has informed the Exchange regarding Cessation of Shri Punit Garg as Executive Director and Chief Executive Officer of the company w.e.f. April 01, 2025.

CEO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

RELINFRA · price

Loading chart…

▲ 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

+2.0%Reaction day

₹256.89

prior close

₹254.05

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+1.0% vs market

Power peers, median of 36sector · industry level+2.2%-0.2% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 0.2 pts less than its Power 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

+3.4

10m

+3.4

15m

+1.8

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+1.0+1.0+2.2-0.2

Next day

-2.5-2.6+0.1-0.5-2.1

-5.6-6.9+1.3-5.2-0.4

-4.4-4.6+0.2-2.4-2.0

-5.5-5.8+0.4-2.1-3.3

-3.0-2.6-0.4-0.5-2.5

-1.7+1.4-3.1+2.6-4.3

15d

-0.1+2.0-2.1+3.0-3.0

+0.0+1.2-1.2+1.1-1.1

+32.9+11.7+21.2+6.0+26.9

+46.7+15.2+31.5+7.9+38.8

UpDownMarket · Nifty Microcap 250Sector · Power peers, median of 36Pending

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

AI summary

Reliance Infrastructure has informed the stock exchange that Shri Punit Garg will cease to be the Executive Director and Chief Executive Officer of the company, effective April 1, 2025. The filing does not specify the reason for the cessation — it could be resignation, retirement, or end of tenure. As the CEO, Garg was part of the company's top leadership and a Key Managerial Personnel. No immediate replacement has been announced in this filing. Investors will be watching closely for the company's succession plan and the appointment of a new CEO.

Likely market impact

This is a senior leadership change at the company and may lead to short-term uncertainty or volatility in the stock until a successor is named. Shareholders should look out for the company's next announcement regarding the new CEO appointment.