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Management change

Eimco Elecon (India) Vishal C. Begwani resigns

Eimco Elecon (India) (BSE: EIMCOELECO) said Vishal C. The company is valued at about ₹1,305 crore.

BCEIE News Desk · Published 13 Oct 2026, 01:38 pm IST · Filing received 13 Oct 2026, 01:22 pm IST

What happened

Eimco Elecon (India) (BSE: EIMCOELECO) informed the stock exchanges on 13 October 2026 at 01:22 PM that Vishal C. Begwani has resigned.

Company snapshot

Eimco Elecon (India) is a small-cap company, with a market value of about ₹1,305 crore.

The stock last traded at ₹2,261.8, against a 52-week range of ₹1,405.5–₹2,448.4 (7.6% below the high).

Before this filing the shares had moved +0.2% over the month and +29.6% over three months. Average daily turnover over the last 20 sessions was about ₹7.62 crore.

Promoters held 48.96% at the end of Q1 FY27. Foreign institutions owned 3.25% and domestic institutions 0.99%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY266814.525.11
Q2 FY26335.49.28
Q3 FY266312.521.7
Q4 FY26676.411.03
Q1 FY277815.426.66

What history shows

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

Market-wide, 3,928 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.
  • 13 October 2026: Board meeting — Financial Results/Other business matters.

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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