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Management change

Hexagon Nutrition Arun Purushottam Kelkar appointed

Hexagon Nutrition (NSE: HEXAGON) said Arun Purushottam Kelkar has been appointed. The company is valued at about ₹696 crore.

BCEIE News Desk · Published 28 Oct 2026, 07:07 pm IST · Filing received 28 Oct 2026, 06:50 pm IST

What happened

Hexagon Nutrition (NSE: HEXAGON) informed the stock exchanges on 28 October 2026 at 06:50 PM that Arun Purushottam Kelkar has been appointed.

From the filing: "Hexagon Nutrition Limited has informed the Exchange regarding Appointment of Mr."

Company snapshot

Hexagon Nutrition is a micro-cap company, with a market value of about ₹696 crore.

The stock last traded at ₹56.59, against a 52-week range of ₹48.1–₹78.25 (27.7% below the high).

Before this filing the shares had moved −10.9% over the month and −10.1% over three months. Average daily turnover over the last 20 sessions was about ₹4.04 crore.

Promoters held 64.29% at the end of Q1 FY27. Foreign institutions owned 0.29% and domestic institutions 6.43%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q4 FY2611510.90.99
Q1 FY271048.10.67

What history shows

This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 0.5% on average the next trading day and was up 8.5% on average after five days (12 filings with price data).

Market-wide, 4,004 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
28 Sept 2026Change in Management+6.6%+11.8%
28 Sept 2026Cessation of Arun Purushottam Kelkar as Chairman & Executive…+6.6%+11.8%
23 Sept 2026Change in Management−0.9%+4.8%
23 Sept 2026Change in Management−0.9%+4.8%
12 Aug 2026Appointment of Mr. Raghunath Sawant as Executive Director of the…−2.9%+6.4%

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.

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