Airan Abhishek Sandeepkumar Agrawal resigns
Airan (NSE: AIRAN) said Abhishek Sandeepkumar Agrawal has resigned. The company is valued at about ₹205 crore.
What happened
Airan (NSE: AIRAN) informed the stock exchanges on 1 October 2026 at 05:10 PM that Abhishek Sandeepkumar Agrawal has resigned.
From the filing: "Airan Limited has informed the Exchange regarding Resignation of Mr Abhishek Sandeepkumar Agrawal as Non- Executive Director of the company w.e.f."
Company snapshot
Airan is a micro-cap company, with a market value of about ₹205 crore.
The stock last traded at ₹16.4, against a 52-week range of ₹12.63–₹26.59 (38.3% below the high).
Before this filing the shares had moved +8.7% over the month and +2.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.26 crore.
Promoters held 72.21% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 26 | 3.2 | 0.25 |
| Q2 FY26 | 26 | 0.8 | 0.06 |
| Q3 FY26 | 29 | 7.7 | 0.62 |
| Q4 FY26 | 31 | 0.5 | 0 |
| Q1 FY27 | 27 | 6.7 | 0.52 |
What history shows
This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.3% on average the next trading day and was up 15.3% on average after five days (3 filings with price data).
Market-wide, 3,837 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 |
|---|---|---|---|
| 31 Aug 2026 | Resignation of Director/KMP/SMP | −0.3% | +15.3% |
| 31 Aug 2026 | Resignation of Director/KMP/SMP | −0.3% | +15.3% |
| 31 Aug 2026 | Management change | −0.3% | +15.3% |
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.