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Management change

Chembond Chemicals Non-Executive Director Mamta Nirmal Shah appointed

Chembond Chemicals (CHEMBONDCH) said Mamta Nirmal Shah, Non-Executive Director, has been appointed. The company is valued at about ₹615 crore.

BCEIE News Desk · Published 24 Oct 2026, 03:50 pm IST · Filing received 24 Oct 2026, 03:35 pm IST

What happened

In a filing with the BSE on 24 October 2026 at 03:35 PM, Chembond Chemicals (CHEMBONDCH) said that Mamta Nirmal Shah, Non-Executive Director, has been appointed.

From the filing: "Mamta Nirmal Shah has appointed as Non-Executive Director with effect from 24th Oct 2026 on recommedation of Nimination and Remuneration Committee, through confirmation by shareholders ...."

Company snapshot

Chembond Chemicals is a micro-cap company, with a market value of about ₹615 crore.

The stock last traded at ₹228.7, against a 52-week range of ₹104.9–₹290 (21.1% below the high).

Before this filing the shares had moved −12.2% over the month and −7.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.37 crore.

Promoters held 68.00% at the end of Q1 FY27, up 0.02% points from the previous quarter. Foreign institutions owned 0.65% and domestic institutions 2.65%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26656.32.33
Q2 FY26737.22.69
Q3 FY26869.73.62
Q4 FY2610111.64.31
Q1 FY27869.53.54

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

Market-wide, 3,993 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.

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 24 October 2026: Board meeting — Financial Results.

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.