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Management change

COSMO FIRST Independent Director Hoshang Noshirwan S passes away

COSMO FIRST (COSMOFIRST) said Hoshang Noshirwan S, Independent Director, has passed away. The company is valued at about ₹2,138 crore.

BCEIE News Desk · Published 13 Nov 2026, 01:25 pm IST · Filing received 13 Nov 2026, 01:09 pm IST

What happened

COSMO FIRST (COSMOFIRST) told the exchanges on 13 November 2026 at 01:09 PM that Hoshang Noshirwan S, Independent Director, has passed away.

From the filing: "Hoshang Noshirwan S inor's unexpected demise will be an irreparable loss to the Company."

Company snapshot

COSMO FIRST is a small-cap company, with a market value of about ₹2,138 crore.

The stock last traded at ₹814.6, against a 52-week range of ₹560.8–₹996 (18.2% below the high).

Before this filing the shares had moved −3.9% over the month and −10.4% over three months. Average daily turnover over the last 20 sessions was about ₹4.55 crore.

Promoters held 40.78% at the end of Q2 FY27. Foreign institutions owned 3.00% and domestic institutions 2.19%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY2691946.718.07
Q3 FY2689929.511.4
Q4 FY261,02136.914.24
Q1 FY271,16653.820.71
Q2 FY271,38898.637.98

What history shows

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

Market-wide, 4,544 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% 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.

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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