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Management change

ABB India N V Sivakumar appointed

ABB India (NSE: ABB) said N V Sivakumar has been appointed. The company is valued at about ₹1.49 lakh crore.

BCEIE News Desk · Published 13 Nov 2026, 06:13 pm IST · Filing received 13 Nov 2026, 05:56 pm IST

What happened

ABB India (NSE: ABB) informed the stock exchanges on 13 November 2026 at 05:56 PM that N V Sivakumar has been appointed.

From the filing: "ABB India Limited has informed the Exchange regarding Appointment of Mr."

Company snapshot

ABB India is a large-cap company in the Capital Goods sector, with a market value of about ₹1.49 lakh crore.

The stock last traded at ₹7,054.5, against a 52-week range of ₹4,637.5–₹7,924.5 (11.0% below the high).

Before this filing the shares had moved +1.6% over the month and −9.7% over three months. Average daily turnover over the last 20 sessions was about ₹212 crore.

Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 7.67% and domestic institutions 9.90%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY263,175351.716.6
Q2 FY263,31140919.31
Q3 FY263,557432.920.43
Q4 FY263,1841,783.784.18
Q1 FY273,559362.317.09

What history shows

BCEIE's records show 3 previous management change filings from the company since May 2026.

After those filings, the stock fell 3.1% on average the next trading day and was down 0.8% on average after five days (3 filings with price data).

Across 269 similar disclosures by other Capital Goods companies, shares moved +0.4% on average the next day and +0.8% over five days; 54% of them rose the next day.

Market-wide, 4,544 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.

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

Earlier filings of this kind
DateFilingNext day5 days
6 Oct 2026Please refer enclosed file−4.9%−1.7%
6 Oct 2026Appointment of Mr. Suneel Kumar Munaga as Chief Financial Officer of…−4.9%−1.7%
27 Jun 2026Management change+0.5%+1.1%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 13 November 2026: Board meeting — Financial Results.

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.

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