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Management change

CSL Finance Chief Executive Officer Akshay Gujar appointed

CSL Finance (CSLFINANCE) said Akshay Gujar, Chief Executive Officer, has been appointed. The company is valued at about ₹484 crore.

BCEIE News Desk · Published 27 Oct 2026, 04:33 pm IST · Filing received 27 Oct 2026, 04:16 pm IST

What happened

CSL Finance (CSLFINANCE) told the exchanges on 27 October 2026 at 04:16 PM that Akshay Gujar, Chief Executive Officer, has been appointed.

Company snapshot

CSL Finance is a micro-cap company, with a market value of about ₹484 crore.

The stock last traded at ₹212.4, against a 52-week range of ₹200–₹324.7 (34.6% below the high).

Before this filing the shares had moved −3.6% over the month and −0.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.44 crore.

Promoters held 48.17% at the end of Q1 FY27, up 0.51% points from the previous quarter. Foreign institutions owned 0.10% and domestic institutions 3.54%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY265921.39.36
Q2 FY266424.510.73
Q3 FY266420.99.18
Q4 FY266919.48.52
Q1 FY277022.19.72

What history shows

This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 3.4% on average the next trading day and was down 3.0% on average after five days (4 filings with price data).

Market-wide, 4,000 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
22 Sept 2026Change in Management−3.9%−5.7%
22 Sept 2026Amendment to AOA/MOA of the company.−3.9%−5.7%
12 Aug 2026Management change−2.9%−0.3%
11 Aug 2026Management change−2.9%−0.3%

What to watch

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