Associated Alcohols & Breweries Tushar Bhandri appointed
Associated Alcohols & Breweries (ASALCBR) said Tushar Bhandri has been appointed; and Tushar Bhandari has been appointed. The company is valued at about ₹1,142 crore.
What happened
In a filing with the BSE on 12 November 2026 at 06:45 PM, Associated Alcohols & Breweries (ASALCBR) said that Tushar Bhandri has been appointed; and Tushar Bhandari has been appointed.
Company snapshot
Associated Alcohols & Breweries is a small-cap company, with a market value of about ₹1,142 crore.
The stock last traded at ₹568.7, against a 52-week range of ₹524–₹1,027.2 (44.6% below the high).
Before this filing the shares had moved −0.3% over the month and −22.1% over three months. Average daily turnover over the last 20 sessions was about ₹1.51 crore.
Promoters held 62.35% at the end of Q1 FY27. Foreign institutions owned 0.69% and domestic institutions 1.25%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 270 | 23.6 | 13.08 |
| Q2 FY26 | 257 | 14 | 15.38 |
| Q3 FY26 | 265 | 27.3 | 28.76 |
| Q4 FY26 | 242 | 23.5 | 12.33 |
| Q1 FY27 | 286 | 17.8 | 8.88 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Market-wide, 4,506 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.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 12 November 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.