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Management change

Datamatics Global Services: Datamatics Appoints Dr. Rajesh Gharpure as President & Chief Operating Officer to Accelerate AI-led Growth

Datamatics Global Services (DATAMATICS) filed a disclosure titled "Datamatics Appoints Dr. Rajesh Gharpure as President & Chief Operating Officer to Accelerate AI-led Growth". The company is valued at about ₹4,682 crore.

BCEIE News Desk · Published 16 Oct 2026, 12:22 pm IST · Filing received 16 Oct 2026, 12:06 pm IST

What happened

Datamatics Global Services (DATAMATICS) filed a disclosure with the exchanges on 16 October 2026 at 12:06 PM titled "Datamatics Appoints Dr. Rajesh Gharpure as President & Chief Operating Officer to Accelerate AI-led Growth".

Company snapshot

Datamatics Global Services is a small-cap company in the Information Technology sector, with a market value of about ₹4,682 crore.

The stock last traded at ₹792.1, against a 52-week range of ₹632–₹1,010 (21.6% below the high).

Before this filing the shares had moved +4.3% over the month and −5.5% over three months. Average daily turnover over the last 20 sessions was about ₹7.87 crore.

Promoters held 66.33% at the end of Q1 FY27. Foreign institutions owned 0.51% and domestic institutions 0.11%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2646850.48.52
Q2 FY2649063.210.7
Q3 FY2651036.46.16
Q4 FY2651944.27.48
Q1 FY2751472.312.24

What history shows

This is not the company's first management change disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.

Across 58 similar disclosures by other Information Technology companies, shares moved −0.3% on average the next day and −0.2% over five days; 47% of them rose the next day.

Market-wide, 3,962 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.

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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