Creative Eye Sachin Devare resigns
Creative Eye (CREATIVEYE) said Sachin Devare has resigned. The company is valued at about ₹12.01 crore.
What happened
Creative Eye (CREATIVEYE) told the exchanges on 22 October 2026 at 05:32 PM that Sachin Devare has resigned.
From the filing: "The Board of Directors of the Company, has taken note of and accepted the resignation of Mr."
Company snapshot
Creative Eye is a micro-cap company, with a market value of about ₹12.01 crore.
The stock last traded at ₹5.99, against a 52-week range of ₹5.16–₹8.6 (30.4% below the high).
Before this filing the shares had moved +7.7% over the month and +1.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.02 crore.
Promoters held 56.26% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 0 | -0.7 | -0.36 |
| Q2 FY26 | 0 | -1.4 | -0.68 |
| Q3 FY26 | 0 | -3.7 | -1.84 |
| Q4 FY26 | 0 | -0.1 | -0.07 |
| Q1 FY27 | 0 | -0.1 | -0.05 |
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 fell 0.5% on average the next trading day and was up 0.1% on average after five days (10 filings with price data).
Market-wide, 3,977 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 28 Sept 2026 | Appointment of Secretarial auditor for the term of 5 years | +7.0% | +8.6% |
| 4 Sept 2026 | Appointment of Appointment of Secretarial Auditor as Other of the… | −1.6% | −7.6% |
| 26 Aug 2026 | Management change | −2.2% | −3.0% |
| 26 Aug 2026 | Management change | −2.2% | −3.0% |
| 4 Aug 2026 | Resignation of Director/KMP/SMP | −1.0% | +1.0% |
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.