Postal ballot seeks approval for Abhijit Kishore as CEO

Management Changes View source PDF Explain this filing

IDEA · 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

-3.8%Reaction day

₹9.03

prior close

₹9.02

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.0%-3.8% vs market

Telecom - Cellular & Fixed line services peers, median of 6sector-1.0%-2.8% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Midcap 150 and 2.8 pts less than its Telecom - Cellular & Fixed line services 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

+0.2

15m

-0.8

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.8+0.0-3.8-1.0-2.8

Next day

-7.4-0.7-6.7-1.3-6.1

-2.7+0.2-2.9-0.4-2.3

-2.1+0.7-2.8-1.0-1.1

-3.5+0.2-3.7+1.7-5.3

-0.6+0.8-1.4+1.3-1.9

+5.1+0.9+4.2-0.1+5.2

15d

+3.9+1.8+2.1-0.3+4.2

+16.2+2.7+13.5-0.4+16.6

+25.6+1.8+23.8-8.0+33.5

+19.8+0.8+19.0-5.8+25.6

UpDownMarket · Nifty Midcap 150Sector · Telecom - Cellular & Fixed line services peers, median of 6Pending

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

AI summary

Vodafone Idea is seeking shareholder approval for Abhijit Kishore's three-year CEO appointment from August 19, 2025 to August 18, 2028. He was promoted from COO after serving the company since 2015. Remote voting runs October 13-November 11. The resolution also seeks approval for remuneration above normal limits due to inadequate profits; FY2024-25 loss after tax was Rs 27,442.1 crore.

Likely market impact

The internal promotion means no immediate leadership gap, but approval of above-limit CEO pay could attract shareholder scrutiny and weigh on stock sentiment.