Advit Jewels Abhishek Gilara as Joint appointed
Advit Jewels (RAMBHAJO) said Abhishek Gilara as Joint has been appointed. The company is valued at about ₹1,333 crore.
What happened
Advit Jewels (RAMBHAJO) told the exchanges on 29 September 2026 at 04:38 PM that Abhishek Gilara as Joint has been appointed.
From the filing: "Advit Jewels Limited has informed the Exchange regarding Appointment of Mr Abhishek Gilara as Joint Managing Director of the company w.e.f."
Company snapshot
Advit Jewels is a small-cap company, with a market value of about ₹1,333 crore.
The stock last traded at ₹291, against a 52-week range of ₹161.6–₹308.4 (5.7% below the high).
Before this filing the shares had moved +5.8% over the month and +47.7% over three months. Average daily turnover over the last 20 sessions was about ₹23.8 crore.
Promoters held 69.88% at the end of Q1 FY27. Foreign institutions owned 3.92% and domestic institutions 9.22%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q4 FY26 | 43 | 8.7 | 2.79 |
| Q1 FY27 | 35 | 8.2 | 2.46 |
What history shows
This is not the company's first management change disclosure: BCEIE has 9 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 2.2% on average the next trading day and was down 5.3% on average after five days (8 filings with price data).
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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Aug 2026 | Resignation of Mr Krishna Vardhan Gilara as Non- Executive Director… | −4.6% | −7.6% |
| 10 Aug 2026 | Below changes in Management:1. Change in designation of Mr. Vipul… | −4.6% | −7.6% |
| 10 Aug 2026 | Appointment of Mr. Abhishek Gilara as Additional Director and Joint… | −4.6% | −7.6% |
| 10 Aug 2026 | Resignation of Director/KMP/SMP | −4.6% | −7.6% |
| 10 Aug 2026 | Appointment of Ms R N V and Associates as Internal Auditor of the… | −4.6% | −7.6% |
Market reaction so far
Since the filing, the stock has risen 9.8%, from ₹265 before the disclosure to ₹291 (last close).
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):
- Advit Jewels Ltd. Share Price Today - Advit Jewels Ltd. Stock Price Live NSE/BSE
- ADVIT JEWELS LIMITED Share Price Today Near 52-Week High
- Advit Jewels Ltd Surges 9.25% to Day's High of Rs 291.95 — Outperforms Sector by 11.15 Percentage Points
- ADVIT JEWELS LIMITED Share Price news: valuation and peers
- Advit Jewels AGM approves Abhishek Gilara as Joint Managing Director
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.