Eimco Elecon (India) Vishal C. Begwani resigns
Eimco Elecon (India) (BSE: EIMCOELECO) said Vishal C. The company is valued at about ₹1,305 crore.
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%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 68 | 14.5 | 25.11 |
| Q2 FY26 | 33 | 5.4 | 9.28 |
| Q3 FY26 | 63 | 12.5 | 21.7 |
| Q4 FY26 | 67 | 6.4 | 11.03 |
| Q1 FY27 | 78 | 15.4 | 26.66 |
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):
- Eimco Elecon (India) Limited (EIMCOELECO.NS) Steadies Near ₹2,269 After a Marginal Pullback - Trend Following Picks
- Eimco Elecon Share Price near 52-week high after 4.2% rise
- Eimco Elecon EIMCOELECO Regulation 74(5) Certificate Q2 FY27
- Eimco Elecon 52 Week High Streak After Back-to-Back Highs
- Eimco Elecon Shareholding Activity and Mining Equipment Business
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.