SMLMAHNSESML Mahindra Limited· Agricultural Commercial & Construction VehiclesCriticalNegative

Announced Wed, 10 Jun, 2026 · 20:33 IST

SML Mahindra CEO Dr. Srinivas to step down on 30 June 2026

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SMLMAH · 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

-1.9%Reaction day

₹3768.90

prior close

₹3765.40

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.1%-0.7% vs market

Agricultural Commercial & Construction Vehicles peers, median of 10sector · industry level-1.9%+0.1% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.1 pts more than its Agricultural Commercial & Construction Vehicles 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

-0.4

10m

-0.8

15m

-1.1

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9-1.1-0.7-1.9+0.1

Next day

+2.7+1.9+0.8+1.1+1.5

+6.2+3.7+2.5+2.5+3.7

+4.6+4.2+0.4+3.1+1.5

+5.8+5.4+0.4+3.8+2.0

+7.7+5.9+1.8+7.1+0.6

+9.0+7.6+1.4+9.8-0.7

15d

+4.9+7.7-2.7+10.5-5.6

+11.4+8.6+2.9+10.1+1.3

+38.1+10.5+27.6+15.7+22.4

+74.9+13.3+61.6+12.0+62.9

UpDownMarket · Nifty Microcap 250Sector · Agricultural Commercial & Construction Vehicles peers, median of 10Pending

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

AI summary

SML Mahindra's Executive Director and CEO Dr. Venkataraman Srinivas will step down from close of 30 June 2026 to take up a new role within the Mahindra Group. He will also cease to be a Director and Key Managerial Personnel. Executive Chairman Vinod Kumar Sahay will take on additional responsibilities from 1 July 2026 until a new CEO is appointed. The Board approved the change on 10 June 2026 on the recommendation of the Nomination and Remuneration Committee.

Likely market impact

Orderly leadership transition within the Mahindra Group. Executive Chairman covers CEO duties temporarily; watch for new CEO appointment announcement.