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Management change

Heads UP Ventures Dhruvi Patel as a resigns

Heads UP Ventures (BSE: HEADSUP) said Dhruvi Patel as a has resigned; and Abhishek Shivpujan Giri has resigned. The company is valued at about ₹13.56 crore.

BCEIE News Desk · Published 7 Oct 2026, 06:54 pm IST · Filing received 7 Oct 2026, 06:38 pm IST

What happened

Heads UP Ventures (BSE: HEADSUP) informed the stock exchanges on 7 October 2026 at 06:38 PM that Dhruvi Patel as a has resigned; and Abhishek Shivpujan Giri has resigned.

From the filing: "Dhruvi Patel as a Company Secretary and Compliance Officer w.e.f. 7th October, 2026.  Resignation of Mr."

Company snapshot

Heads UP Ventures is a micro-cap company, with a market value of about ₹13.56 crore.

The stock last traded at ₹6.14, against a 52-week range of ₹5.69–₹12.95 (52.6% below the high).

Before this filing the shares had moved −10.1% over the month and −9.8% over three months. Average daily turnover over the last 20 sessions was about ₹0.01 crore.

Promoters held 13.55% at the end of Q1 FY27. Foreign institutions owned 0.42% and domestic institutions 0.00%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26122.91.32
Q2 FY2630.80.35
Q3 FY260-0.6-0.28
Q4 FY263-3.1-1.41
Q1 FY270-0-0.01

What history shows

This is not the company's first management change disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 1.3% on average the next trading day and was down 5.0% on average after five days (3 filings with price data).

Market-wide, 3,880 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.

Earlier filings of this kind
DateFilingNext day5 days
10 Aug 2026Change in Company Secretary/Compliance Officer+1.3%−5.0%
10 Aug 2026Management change+1.3%−5.0%
10 Aug 2026Appointment of Company Secretary and Compliance Officer+1.3%−5.0%

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.