Gayatri Highways K.G NAIDU as Chief steps down
Gayatri Highways (NSE: GAYAHWS) said K.G NAIDU as Chief has ceased. The company is valued at about ₹38.82 crore.
What happened
Gayatri Highways (NSE: GAYAHWS) informed the stock exchanges on 28 October 2026 at 05:46 PM that K.G NAIDU as Chief has ceased.
From the filing: "Gayatri Highways Limited has informed the Exchange regarding Cessation of Mr K.G NAIDU as Chief Executive Officer of the company w.e.f."
Company snapshot
Gayatri Highways is a micro-cap company, with a market value of about ₹38.82 crore.
The stock last traded at ₹1.62, against a 52-week range of ₹1.6–₹4.47 (63.8% below the high).
Before this filing the shares had moved −13.8% over the month and −13.8% over three months. Average daily turnover over the last 20 sessions was about ₹0.03 crore.
Promoters held 61.15% at the end of Q1 FY27; 59.00% of promoter shares were pledged. Foreign institutions owned 1.50% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 0 | -2.1 | -0.09 |
| Q2 FY26 | 0 | -3.2 | -0.14 |
| Q3 FY26 | 0 | -2.8 | -0.12 |
| Q4 FY26 | 15 | 6.9 | 0.29 |
| Q1 FY27 | 7 | -2.8 | -0.12 |
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.
Market-wide, 4,004 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.
- 5 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.