BIRLASOFT: Birlasoft Appoints Madhavan Hariharan as Chief Executive Officer and Managing Director
BIRLASOFT (BSOFT) filed a disclosure titled "Birlasoft Appoints Madhavan Hariharan as Chief Executive Officer and Managing Director". The company is valued at about ₹9,435 crore.
What happened
BIRLASOFT (BSOFT) filed a disclosure with the exchanges on 6 November 2026 at 06:35 PM titled "Birlasoft Appoints Madhavan Hariharan as Chief Executive Officer and Managing Director".
From the filing: "BIRLASOFT LIMITED has informed the Exchange regarding a press release dated November 06, 2026, titled "Birlasoft Appoints Madhavan Hariharan as Chief Executive Officer and Managing Director"."
Company snapshot
BIRLASOFT is a small-cap company in the Information Technology sector, with a market value of about ₹9,435 crore.
The stock last traded at ₹337.4, against a 52-week range of ₹267.1–₹474 (28.8% below the high).
Before this filing the shares had moved +15.7% over the month and −1.4% over three months. Average daily turnover over the last 20 sessions was about ₹210 crore.
Promoters held 40.37% at the end of Q2 FY27, down 0.01% points from the previous quarter. Foreign institutions owned 12.33% and domestic institutions 19.58%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,329 | 116.1 | 4.16 |
| Q3 FY26 | 1,348 | 119.9 | 4.28 |
| Q4 FY26 | 1,349 | 175.9 | 6.27 |
| Q1 FY27 | 1,379 | 161 | 5.72 |
| Q2 FY27 | 1,416 | 159.6 | 5.67 |
What history shows
BCEIE's records show 6 previous management change filings from the company since May 2026.
After those filings, the stock fell 0.7% on average the next trading day and was down 2.2% on average after five days (3 filings with price data).
Across 67 similar disclosures by other Information Technology companies, shares moved −0.5% on average the next day and −0.3% over five days; 46% 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 11 Sept 2026 | Cessation of Mr Ankur Vaish as Chief Strategy Officer and Senior… | +1.7% | +0.9% |
| 11 Sept 2026 | Resignation of Director/KMP/SMP | +1.7% | +0.9% |
| 19 Jun 2026 | Management change | −5.6% | −8.4% |
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):
- Birlasoft shares surge 13% as Q2 revenue growth beats estimates; check target prices
- Birlasoft Q2 Profit Rises 37.5% Yoy To Rs 160 Cr
- Birlasoft Q2 results: Profit jumps 37.5% to ₹160 crore, interim dividend recommended
- Birlasoft share price rallies 11% on huge volume post Q2 results
- Birlasoft Shares Surge 10% After Q2 Results; Rs 3 Interim Dividend Declared
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.