Havells India President Samir Kirit Anjaria resigns
Havells India (NSE: HAVELLS) said Samir Kirit Anjaria, President, has resigned. The company is valued at about ₹63,290 crore.
What happened
Havells India (NSE: HAVELLS) informed the stock exchanges on 27 October 2026 at 06:04 PM that Samir Kirit Anjaria, President, has resigned.
Company snapshot
Havells India is a mid-cap company in the Consumer Durables sector, with a market value of about ₹63,290 crore.
The stock last traded at ₹1,008.5, against a 52-week range of ₹1,002.8–₹1,516.6 (33.5% below the high).
Before this filing the shares had moved −6.0% over the month and −16.7% over three months. Average daily turnover over the last 20 sessions was about ₹99.35 crore.
Promoters held 59.35% at the end of Q2 FY27. Foreign institutions owned 14.47% and domestic institutions 19.86%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 4,779 | 319 | 5.09 |
| Q3 FY26 | 5,588 | 300.8 | 4.8 |
| Q4 FY26 | 6,705 | 723.1 | 11.52 |
| Q1 FY27 | 6,518 | 290.4 | 4.63 |
| Q2 FY27 | 6,432 | 349.5 | 5.57 |
What history shows
BCEIE's records show 6 previous management change filings from the company since May 2026.
After those filings, the stock gained 1.9% on average the next trading day and was up 1.0% on average after five days (6 filings with price data).
Across 83 similar disclosures by other Consumer Durables companies, shares moved +0.7% on average the next day and +0.8% over five days; 46% of them rose the next day.
Market-wide, 4,000 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 |
|---|---|---|---|
| 12 Oct 2026 | Change in Senior Management - Appointment | +6.5% | +1.9% |
| 4 Aug 2026 | Change in Management | +0.4% | −0.8% |
| 16 Jul 2026 | Management change | +2.5% | +4.8% |
| 16 Jul 2026 | Change in Management | +2.5% | +4.8% |
| 19 Jun 2026 | Appointment of Ms Shanti Ekambaram as Non- Executive Independent… | −0.1% | −1.7% |
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):
- Havells India Q2 Results: Revenue growth healthy, margin remains stable
- Havells India Limited (HAVELLS.NS) company profile and facts - Yahoo Finance
- Havells India: Goldman Sachs, Jefferies Cut Target Prices; Maintain Ratings
- Havells India stock drops to a new 52-week low after Q2 results. What's worrying investors?
- Havells India gains nearly 2% after Q2 results; brokerages split on outlook
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.