Harrisons Malayalam Kaushik Roy resigns
Harrisons Malayalam (HARRMALAYA) said Kaushik Roy has resigned. The company is valued at about ₹307 crore.
What happened
Harrisons Malayalam (HARRMALAYA) told the exchanges on 4 November 2026 at 11:31 AM that Kaushik Roy has resigned.
Company snapshot
Harrisons Malayalam is a micro-cap company, with a market value of about ₹307 crore.
The stock last traded at ₹166.3, against a 52-week range of ₹150.3–₹237.9 (30.1% below the high).
Before this filing the shares had moved −6.7% over the month and −22.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.14 crore.
Promoters held 54.12% at the end of Q1 FY27. Foreign institutions owned 0.01% and domestic institutions 0.07%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 116 | 6 | 3.23 |
| Q2 FY26 | 134 | 6.4 | 3.48 |
| Q3 FY26 | 141 | 7.6 | 4.14 |
| Q4 FY26 | 147 | 9.1 | 4.94 |
| Q1 FY27 | 125 | 3.9 | 2.13 |
What history shows
This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 8.3% on average the next trading day and was down 11.1% on average after five days (4 filings with price data).
Market-wide, 4,237 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 |
|---|---|---|---|
| 30 Sept 2026 | Submission regarding the re-appointment of the Whole Time Director… | −3.4% | — |
| 30 Sept 2026 | Intimation regarding the reappointment of Mr. Cherian Manamel George… | −3.4% | — |
| 13 Aug 2026 | Outcome of Board Meeting held on August 13, 2026 with respect to… | −13.1% | −11.1% |
| 13 Aug 2026 | Change in Management | −13.1% | −11.1% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
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.