Automotive Axles Raman K as Chief appointed
Automotive Axles (NSE: AUTOAXLES) said Raman K as Chief has been appointed. The company is valued at about ₹2,439 crore.
What happened
Automotive Axles (NSE: AUTOAXLES) informed the stock exchanges on 12 November 2026 at 06:15 PM that Raman K as Chief has been appointed.
From the filing: "Automotive Axles Limited has informed the Exchange regarding Appointment of Mr Raman K as Chief Financial Officer of the company w.e.f."
Company snapshot
Automotive Axles is a small-cap company, with a market value of about ₹2,439 crore.
The stock last traded at ₹1,613.9, against a 52-week range of ₹1,520–₹2,115 (23.7% below the high).
Before this filing the shares had moved +0.9% over the month and −11.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.62 crore.
Promoters held 71.04% at the end of Q1 FY27. Foreign institutions owned 0.75% and domestic institutions 15.44%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 489 | 35.7 | 23.64 |
| Q2 FY26 | 462 | 36 | 23.79 |
| Q3 FY26 | 562 | 38.8 | 25.68 |
| Q4 FY26 | 664 | 53.9 | 35.66 |
| Q1 FY27 | 517 | 45.6 | 30.17 |
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/Other business matters.
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.