Amagi Media Labs Prasad Menon as Chief resigns
Amagi Media Labs (AMAGI) said Prasad Menon as Chief has resigned. The company is valued at about ₹12,034 crore.
What happened
Amagi Media Labs (AMAGI) told the exchanges on 11 November 2026 at 01:13 PM that Prasad Menon as Chief has resigned.
From the filing: "Amagi Media Labs Limited has informed the Exchange regarding Resignation of Mr."
Company snapshot
Amagi Media Labs is a small-cap company in the Information Technology sector, with a market value of about ₹12,034 crore.
The stock last traded at ₹546.6, against a 52-week range of ₹310.2–₹727.4 (24.9% below the high).
Before this filing the shares had moved −3.1% over the month and −17.8% over three months. Average daily turnover over the last 20 sessions was about ₹15.63 crore.
Promoters held 14.66% at the end of Q2 FY27, down 0.26% points from the previous quarter; 3.10% of promoter shares were pledged. Foreign institutions owned 37.32% and domestic institutions 39.62%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q3 FY26 | 404 | 30.9 | 1.52 |
| Q4 FY26 | 397 | 34.3 | 1.54 |
| Q1 FY27 | 437 | 33.9 | 1.49 |
| Q2 FY27 | 476 | 74.8 | 3.28 |
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 2.9% on average the next trading day and was down 9.8% on average after five days (4 filings with price data).
Across 70 similar disclosures by other Information Technology companies, shares moved −0.4% on average the next day and −0.8% over five days; 47% of them rose the next day.
Market-wide, 4,491 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 5 Nov 2026 | Appointment of Ms. Srividhya Srinivasan (DIN:02014532) as a… | −1.1% | — |
| 5 Nov 2026 | Appointment of Dr. Bhaskar Ghosh (DIN: 06656458) as an Additional… | −1.1% | — |
| 13 Aug 2026 | Management change | −4.7% | −9.8% |
| 13 Aug 2026 | Management change | −4.7% | −9.8% |
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):
- AMAGI Share Price Today - Amagi Media Labs on NSE/BSE
- Amagi Media Labs’ Q2 PAT surges 30-fold to ₹75 crore
- Amagi Media Labs Q2 PAT surges nearly 30-fold to ₹75 crore
- Amagi Media Labs Q2 revenue rises 27 per cent to Rs 476 crore
- Amagi Media Labs shares surge nearly 7% after Q2 net profit surges to ₹75 crore, EBITDA turns positive - CNBC TV18
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.