Nila Infrastructures Gajendra Sharma resigns

What happened

In a filing with the NSE on 30 September 2026 at 06:14 PM, Nila Infrastructures (NILAINFRA) said that Gajendra Sharma has resigned.

From the filing: "Gajendra Sharma - Group President (Strategy, Finance & Operations) of the Company categorized as 'senior management personnel', has submitted resignation from the services of the Company with effect from 30 September, 2026 to pursue other career opportunities outside the organization."

Company snapshot

Nila Infrastructures is a micro-cap company, with a market value of about ₹269 crore.

The stock last traded at ₹6.83, against a 52-week range of ₹5.9–₹11.2 (39.0% below the high).

Before this filing the shares had moved +0.6% over the month and −9.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.13 crore.

Promoters held 61.90% at the end of Q1 FY27. Foreign institutions owned 0.28% and domestic institutions 0.03%.

What history shows

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

Market-wide, 3,833 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.

Source

• Exchange filing (PDF)