AksharChem India Munjal M. Jaykrishna appointed
AksharChem India (BSE: AKSHARCHEM) said Munjal M. The company is valued at about ₹333 crore.
What happened
AksharChem India (BSE: AKSHARCHEM) informed the stock exchanges on 19 October 2026 at 05:40 PM that Munjal M. Jaykrishna has been appointed; and Sachin M. Jaykrishna has been appointed.
From the filing: "Based on recommendation of the Nomination and Remuneration Committee (NRC) and subject to the shareholders' approval, approved the change in designation and re- appointment of Mr."
Company snapshot
AksharChem India is a micro-cap company, with a market value of about ₹333 crore.
The stock last traded at ₹414.7, against a 52-week range of ₹141.3–₹472 (12.1% below the high).
Before this filing the shares had moved +9.4% over the month and +77.8% over three months. Average daily turnover over the last 20 sessions was about ₹0.4 crore.
Promoters held 62.70% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 97 | 0.7 | 0.89 |
| Q2 FY26 | 89 | -1.4 | -1.7 |
| Q3 FY26 | 80 | -4.6 | -5.75 |
| Q4 FY26 | 106 | 4.8 | 6.02 |
| Q1 FY27 | 141 | 15.2 | 18.94 |
What history shows
This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Market-wide, 3,966 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.
- 19 October 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.