Heranba Industries Chief Financial Officer Pravin Shetty resigns
Heranba Industries (HERANBA) said Pravin Shetty, Chief Financial Officer, has resigned. The company is valued at about ₹589 crore.
What happened
Heranba Industries (HERANBA) told the exchanges on 26 October 2026 at 04:13 PM that Pravin Shetty, Chief Financial Officer, has resigned.
From the filing: "Pravin Shetty, Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), of Heranba Industries Limited, has tendered his resignation vide letter dated October 26, 2026 (A Copy of his resignation is attached herewith), with effect from December 31, 2026."
Company snapshot
Heranba Industries is a micro-cap company, with a market value of about ₹589 crore.
The stock last traded at ₹147.3, against a 52-week range of ₹145–₹306.1 (51.9% below the high).
Before this filing the shares had moved −11.5% over the month and −16.1% over three months. Average daily turnover over the last 20 sessions was about ₹3.83 crore.
Promoters held 74.94% at the end of Q1 FY27. Foreign institutions owned 0.01% and domestic institutions 0.29%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 452 | 6.1 | 1.53 |
| Q2 FY26 | 522 | -1.5 | -0.36 |
| Q3 FY26 | 301 | -23.3 | -5.81 |
| Q4 FY26 | 319 | -57.8 | -14.45 |
| Q1 FY27 | 383 | 7.1 | 1.78 |
What history shows
BCEIE's records show 7 previous management change filings from the company since May 2026.
After those filings, the stock fell 2.2% on average the next trading day and was down 2.1% on average after five days (4 filings with price data).
Market-wide, 3,997 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 |
|---|---|---|---|
| 20 Jul 2026 | Resignation of Director/KMP/SMP | −2.2% | −2.1% |
| 20 Jul 2026 | Resignation of Director/KMP/SMP | −2.2% | −2.1% |
| 20 Jul 2026 | Resignation of Director/KMP/SMP | −2.2% | −2.1% |
| 20 Jul 2026 | Management change | −2.2% | −2.1% |
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):
- Heranba Industries Limited Estimates – NSE:HERANBA
- Heranba Industries FY26 Results: Revenue up 17.4% to ₹1,755.55 crore, PAT at ₹50.87 crore
- Heranba Industries (NSEI:HERANBA) - Stock Analysis
- Heranba Industries Share Price: price action near yearly low
- Heranba Industries Ltd Faces Intensified Bearish Momentum Amid Technical Downgrade
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.