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Management change

BEML Sanjay Som as Director steps down

BEML (BEML) said Sanjay Som as Director has ceased; and Sanjay Som has ceased. The company is valued at about ₹16,595 crore.

BCEIE News Desk · Published 30 Sept 2026, 05:45 pm IST · Filing received 30 Sept 2026, 05:28 pm IST

What happened

In a filing with the BSE on 30 September 2026 at 05:28 PM, BEML (BEML) said that Sanjay Som as Director has ceased; and Sanjay Som has ceased.

Company snapshot

BEML is a small-cap company in the Capital Goods sector, with a market value of about ₹16,595 crore.

The stock last traded at ₹1,992.4, against a 52-week range of ₹1,355–₹2,275.8 (12.4% below the high).

Before this filing the shares had moved +0.5% over the month and +9.3% over three months. Average daily turnover over the last 20 sessions was about ₹97.21 crore.

Promoters held 54.03% at the end of Q1 FY27. Foreign institutions owned 5.48% and domestic institutions 19.39%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26634-64.1-15.4
Q2 FY26839-48.311.53
Q3 FY261,083-22.4-2.69
Q4 FY261,794179.821.59
Q1 FY27820-27-3.24

What history shows

This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 1.6% on average the next trading day and was up 4.8% on average after five days (8 filings with price data).

Across 203 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.3% over five days; 51% of them rose the next day.

Market-wide, 3,833 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.

Earlier filings of this kind
DateFilingNext day5 days
22 Sept 2026Change in Auditors of the company.−2.5%—
21 Aug 2026Appointment of Independent Directors on the Board of M/s−2.4%+1.1%
18 Aug 2026Management change−0.1%−1.4%

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):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.