Banswara Syntex Dinesh Nolkha appointed
Banswara Syntex (BANSWRAS) said Dinesh Nolkha has been appointed. The company is valued at about ₹330 crore.
What happened
In a filing with the NSE on 2 November 2026 at 02:47 PM, Banswara Syntex (BANSWRAS) said that Dinesh Nolkha has been appointed.
From the filing: "Banswara Syntex Limited has informed the Exchange regarding Appointment of Mr."
Company snapshot
Banswara Syntex is a micro-cap company, with a market value of about ₹330 crore.
The stock last traded at ₹96.54, against a 52-week range of ₹92.88–₹144 (33.0% below the high).
Before this filing the shares had moved −10.0% over the month and −21.9% over three months. Average daily turnover over the last 20 sessions was about ₹0.18 crore.
Promoters held 54.19% at the end of Q1 FY27. Foreign institutions owned 7.92% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 306 | -1.4 | -0.4 |
| Q2 FY26 | 345 | 7.1 | 2.07 |
| Q3 FY26 | 340 | 14 | 4.09 |
| Q4 FY26 | 366 | 11.5 | 3.36 |
| Q1 FY27 | 316 | 4.6 | 1.35 |
What history shows
BCEIE's records show 7 previous management change filings from the company since May 2026.
After those filings, the stock gained 1.0% on average the next trading day and was down 4.1% on average after five days (6 filings with price data).
Market-wide, 4,084 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 Oct 2026 | Banswara Syntex Ltd has informed the exchange regarding Cessation of… | +8.2% | — |
| 8 Sept 2026 | Resignation of Director/KMP/SMP | −1.7% | −4.9% |
| 8 Sept 2026 | Resignation of Mr Narendra Kumar Anand Ambwani as Non- Executive… | −1.7% | −4.9% |
| 6 Aug 2026 | Management change | +0.3% | −6.3% |
| 31 Jul 2026 | Change in Company Secretary/Compliance Officer | +0.6% | −2.1% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 2 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Banswara Syntex Limited (BANSWRAS.NS) Analyst insights, Price targets and Recommendations
- Banswara Syntex Reports Fire Incident At Thermopac Unit
- Banswara Syntex Limited Announces Cessation of Jagdeesh Mal Mehta as Non-Executive Independent Director, Effective October 26, 2026
- Banswara Syntex confirms Rahul Bhaduria resignation effective Nov 7
- Jagdeesh Mal Mehta has ceased to be a Non-Executive Independent Director of Banswara Syntex Limited, following the completion of his second term.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.