SAIL CMD Amarendu Prakash resigns; Krishna Kumar Singh given additional charge

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

SAIL · 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

-0.6%Reaction day

₹155.39

prior close

₹152.85

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.3%-0.3% vs market

Iron & Steel peers, median of 9sector+0.0%-0.7% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Midcap 150 and 0.7 pts less than its Iron & Steel 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

+0.2

10m

+0.3

15m

+0.4

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.3-0.3+0.0-0.7

Next day

+3.2+1.1+2.1+2.0+1.2

+3.7+1.2+2.5+2.3+1.4

+5.7+5.2+0.5+7.0-1.3

+5.1+5.5-0.4+7.2-2.1

+6.8+7.2-0.4+10.6-3.8

+7.2+8.9-1.7+11.1-3.9

15d

+18.6+11.7+6.9+16.9+1.7

+20.2+11.5+8.7+13.5+6.7

+32.1+12.3+19.9+15.3+16.8

+8.5+15.4-6.9+7.4+1.1

UpDownMarket · Nifty Midcap 150Sector · Iron & Steel peers, median of 9Pending

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

AI summary

SAIL's Chairman and Managing Director Shri Amarendu Prakash has resigned, effective 1st April 2026 (AN). He submitted his resignation on 2nd January 2026, after 34 years of service. Director (Personnel) Shri Krishna Kumar Singh has been given additional charge as CMD for 3 months (2nd April to 1st July 2026) or until a regular incumbent joins.

Likely market impact

Leadership transition at SAIL. Interim CMD arrangement may create short-term uncertainty until a permanent appointee takes charge.