Arvind Nilesh Hirapara as appointed
Arvind (BSE: ARVIND) said Nilesh Hirapara as has been appointed. The company is valued at about ₹13,587 crore.
What happened
Arvind (BSE: ARVIND) informed the stock exchanges on 6 November 2026 at 12:57 PM that Nilesh Hirapara as has been appointed.
From the filing: "Friday, November 6, 2026, has approved the appointment of Mr."
Company snapshot
Arvind is a small-cap company in the Textiles sector, with a market value of about ₹13,587 crore.
The stock last traded at ₹499.5, against a 52-week range of ₹286–₹607.2 (17.7% below the high).
Before this filing the shares had moved −5.8% over the month and −8.5% over three months. Average daily turnover over the last 20 sessions was about ₹41.99 crore.
Promoters held 38.09% at the end of Q2 FY27; 7.24% of promoter shares were pledged. Foreign institutions owned 15.11% and domestic institutions 23.86%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 2,371 | 103.4 | 3.95 |
| Q3 FY26 | 2,373 | 97.6 | 3.72 |
| Q4 FY26 | 2,553 | 159.7 | 6.1 |
| Q1 FY27 | 2,501 | 53.5 | 2.04 |
| Q2 FY27 | 5,420 | 201.3 | 7.59 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Across 17 similar disclosures by other Textiles companies, shares moved −1.2% on average the next day and +0.2% over five days; 35% of them rose the next day.
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% 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.
In the news
Recent coverage elsewhere (links open the original publisher):
- PM Modi inaugurates ₹150-crore Arvind Limited textile plant in Varanasi | India News
- One of the best aspects of Arvind Limited’s garment manufacturing facility in Varanasi is the boost it will give to women empowerment!
- Arvind Fashions Q2 profit jumps 29% on strong sales, improved margins
- Arvind Fashions Q2 profit jumps 29% as EBITDA margin expands to 13.9%
- Arvind Fashions To NALCO: Motilal Oswal Reviews Q2 Results Of Nine Stocks, Check Target Prices
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.