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Management change

Ethos Pranav Shankar Saboo appointed

Ethos (ETHOSLTD) said Pranav Shankar Saboo has been appointed. The company is valued at about ₹7,548 crore.

BCEIE News Desk · Published 12 Nov 2026, 07:30 pm IST · Filing received 12 Nov 2026, 07:14 pm IST

What happened

In a filing with the BSE on 12 November 2026 at 07:14 PM, Ethos (ETHOSLTD) said that Pranav Shankar Saboo has been appointed.

Company snapshot

Ethos is a small-cap company in the Consumer Durables sector, with a market value of about ₹7,548 crore.

The stock last traded at ₹2,820.9, against a 52-week range of ₹1,919.4–₹3,245.9 (13.1% below the high).

Before this filing the shares had moved +10.1% over the month and −0.4% over three months. Average daily turnover over the last 20 sessions was about ₹6.73 crore.

Promoters held 50.59% at the end of Q1 FY27. Foreign institutions owned 11.33% and domestic institutions 23.91%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26346197.77
Q2 FY2638323.89.14
Q3 FY2646930.411.46
Q4 FY26414228.2
Q1 FY2746228.110.51

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 gained 0.1% on average the next trading day and was down 0.9% on average after five days (5 filings with price data).

Across 105 similar disclosures by other Consumer Durables companies, shares moved +1.1% on average the next day and +1.4% over five days; 53% of them rose the next day.

Market-wide, 4,544 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
5 Oct 2026Change in Management under Regulation 30 of SEBI (Listing…+1.2%−0.5%
26 Aug 2026A press release dated August 26, 2026, titled "Ethos Limited MD &…−0.1%−3.0%
5 Aug 2026Management change−1.0%−2.2%
3 Aug 2026Resignation of Director/KMP/SMP−4.3%−4.5%
9 Jul 2026Appointment of Company Secretary and Compliance Officer+4.9%+5.4%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 12 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.

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