Global Surfaces Sudhir Baxi appointed
Global Surfaces (BSE: GSLSU) said Sudhir Baxi has been appointed. The company is valued at about ₹99.85 crore.
What happened
Global Surfaces (BSE: GSLSU) informed the stock exchanges on 2 November 2026 at 07:13 PM that Sudhir Baxi has been appointed.
From the filing: "The Board has considered and approved the re-appointment of Mr."
Company snapshot
Global Surfaces is a micro-cap company, with a market value of about ₹99.85 crore.
The stock last traded at ₹23.56, against a 52-week range of ₹22.71–₹139.7 (83.1% below the high).
Before this filing the shares had moved −19.3% over the month and −7.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.12 crore.
Promoters held 73.25% at the end of Q1 FY27. Foreign institutions owned 0.76% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 75 | -0.4 | -0.1 |
| Q2 FY26 | 54 | -4.7 | -1.1 |
| Q3 FY26 | 59 | -3.3 | -0.71 |
| Q4 FY26 | 45 | -23.4 | -5.27 |
| Q1 FY27 | 65 | 0.2 | 0.04 |
What history shows
This is not the company's first management change disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 7.0% on average the next trading day and was up 20.9% on average after five days (6 filings with price data).
Market-wide, 4,084 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 11 Aug 2026 | Resignation of Director/KMP/SMP | +10.2% | +30.1% |
| 10 Aug 2026 | Management change | +10.2% | +31.2% |
| 10 Aug 2026 | Management change | +10.2% | +31.2% |
| 10 Aug 2026 | Management change | +10.2% | +31.2% |
| 25 May 2026 | Management change | +0.4% | +0.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 2 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.