Hazoor Multi Projects Chief Executive Officer Akshay Pawan Kumar Jain resigns
Hazoor Multi Projects (HAZOOR) said Akshay Pawan Kumar Jain, Chief Executive Officer, has resigned. The company is valued at about ₹409 crore.
What happened
In a filing with the BSE on 2 November 2026 at 05:47 PM, Hazoor Multi Projects (HAZOOR) said that Akshay Pawan Kumar Jain, Chief Executive Officer, has resigned.
Company snapshot
Hazoor Multi Projects is a micro-cap company, with a market value of about ₹409 crore.
The stock last traded at ₹14.19, against a 52-week range of ₹13.61–₹22.49 (36.9% below the high).
Before this filing the shares had moved −21.4% over the month. Average daily turnover over the last 20 sessions was about ₹2.16 crore.
Promoters held 13.70% at the end of Q1 FY27, down 0.89% points from the previous quarter. Foreign institutions owned 26.44% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 99 | 8.4 | 0.37 |
| Q2 FY26 | 84 | 1.3 | 0.06 |
| Q3 FY26 | 76 | 2.7 | 0.09 |
| Q4 FY26 | 144 | 10.4 | 0.43 |
| Q1 FY27 | 104 | 3.4 | 0.12 |
What history shows
This is not the company's first management change disclosure: BCEIE has 9 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 3.9% on average the next trading day and was down 5.2% on average after five days (3 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 |
|---|---|---|---|
| 30 Sept 2026 | The intimation for resignation of Mr. Samir Mahendra Desai, Chief… | −3.8% | −8.5% |
| 30 Sept 2026 | Change in management for the re-appointment of Ms. Madhuri… | −3.8% | −8.5% |
| 31 Aug 2026 | Management change | −4.0% | +1.2% |
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.