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Management change

Borana Weaves: Intimation of Noting of Appointment of Investor Relation Firm'

Borana Weaves (BORANA) filed a disclosure titled "Intimation of Noting of Appointment of Investor Relation Firm'". The company is valued at about ₹549 crore.

BCEIE News Desk · Published 2 Nov 2026, 05:59 pm IST · Filing received 2 Nov 2026, 05:44 pm IST

What happened

Borana Weaves (BORANA) filed a disclosure with the exchanges on 2 November 2026 at 05:44 PM titled "Intimation of Noting of Appointment of Investor Relation Firm'".

Company snapshot

Borana Weaves is a micro-cap company, with a market value of about ₹549 crore.

The stock last traded at ₹206.2, against a 52-week range of ₹203.1–₹420 (50.9% below the high).

Before this filing the shares had moved −30.4% over the month and −36.5% over three months. Average daily turnover over the last 20 sessions was about ₹1.05 crore.

Promoters held 65.24% at the end of Q1 FY27. Foreign institutions owned 1.66% and domestic institutions 2.78%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY268112.14.55
Q2 FY269616.76.31
Q3 FY2611118.57.02
Q4 FY2610117.26.45
Q1 FY2710116.56.18

What history shows

BCEIE's records show 5 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 0.3% on average after five days (4 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.

Earlier filings of this kind
DateFilingNext day5 days
29 Jul 2026Resignation of Mr. Jitendrakumar Rewashankar Rawal as Secretarial…+0.6%+2.3%
29 Jul 2026Appointment of Mr. Kunjal Dalal Proprietor K+0.6%+2.3%
24 Jul 2026Management change−1.6%−2.6%
1 Jun 2026Resignation of Director/KMP/SMP−2.3%−3.0%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 2 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.

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