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Management change

GMR AIRPORTS Alexis Benjamin Riols resigns

GMR AIRPORTS (NSE: GMRAIRPORT) said Alexis Benjamin Riols has resigned. The company is valued at about ₹92,676 crore.

BCEIE News Desk · Published 8 Oct 2026, 11:30 pm IST · Filing received 8 Oct 2026, 11:15 pm IST

What happened

GMR AIRPORTS (NSE: GMRAIRPORT) informed the stock exchanges on 8 October 2026 at 11:15 PM that Alexis Benjamin Riols has resigned.

From the filing: "GMR AIRPORTS LIMITED has informed the Exchange regarding Resignation of Mr."

Company snapshot

GMR AIRPORTS is a mid-cap company in the Services sector, with a market value of about ₹92,676 crore.

The stock last traded at ₹87.77, against a 52-week range of ₹84.11–₹115.6 (24.1% below the high).

Before this filing the shares had moved −4.5% over the month and −16.2% over three months. Average daily turnover over the last 20 sessions was about ₹115 crore.

Promoters held 67.16% at the end of Q1 FY27, up 0.83% points from the previous quarter; 16.44% of promoter shares were pledged. Foreign institutions owned 21.74% and domestic institutions 5.13%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY263,205-211.6-0.2
Q2 FY263,670-37.1-0.04
Q3 FY263,994121.80.12
Q4 FY263,938302.40.29
Q1 FY273,964910.09

What history shows

BCEIE's records show 1 previous management change filing from the company since May 2026.

Across 89 similar disclosures by other Services companies, shares moved 0.0% on average the next day and +0.0% over five days; 47% of them rose the next day.

Market-wide, 3,913 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.