Hexagon Nutrition: Cessation of Arun Purushottam Kelkar as Chairman & Executive Director of the company w.e.f. September 28, 2026
Hexagon Nutrition (HEXAGON) filed a disclosure titled "Cessation of Arun Purushottam Kelkar as Chairman & Executive Director of the company w.e.f. The company is valued at about ₹791 crore.
What happened
Hexagon Nutrition (HEXAGON) filed a disclosure with the exchanges on 28 September 2026 at 10:50 PM titled "Cessation of Arun Purushottam Kelkar as Chairman & Executive Director of the company w.e.f. September 28, 2026".
From the filing: "Hexagon Nutrition Limited has informed the Exchange regarding Cessation of Arun Purushottam Kelkar as Chairman & Executive Director of the company w.e.f."
Company snapshot
Hexagon Nutrition is a micro-cap company, with a market value of about ₹791 crore.
The stock last traded at ₹64.35, against a 52-week range of ₹48.1–₹78.25 (17.8% below the high).
Before this filing the shares had moved −4.7% over the month and −0.7% over three months. Average daily turnover over the last 20 sessions was about ₹1.93 crore.
Promoters held 64.29% at the end of Q1 FY27. Foreign institutions owned 0.29% and domestic institutions 6.43%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q4 FY26 | 115 | 10.9 | 0.99 |
| Q1 FY27 | 104 | 8.1 | 0.67 |
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 2.8% on average the next trading day and was up 8.3% on average after five days (12 filings with price data).
Market-wide, 3,833 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 |
|---|---|---|---|
| 23 Sept 2026 | Change in Management | −0.9% | — |
| 23 Sept 2026 | Change in Management | −0.9% | — |
| 12 Aug 2026 | Appointment of Mr. Raghunath Sawant as Executive Director of the… | −2.9% | +6.4% |
| 7 Jul 2026 | Resignation of Director/KMP/SMP | +0.1% | +9.6% |
| 7 Jul 2026 | Resignation of Director/KMP/SMP | +0.1% | +9.6% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 30 September 2026: Board meeting — Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Hexagon Nutrition Ltd. IPO Review - Hexagon Nutrition Ltd. IPO Dates, Issue Price, Subscription and Allotment Status
- Hexagon Nutrition IPO anchor book raises Rs 41.66 crore ahead of June 5 opening
- HEXAGON NUTRITION LIMITED Share Price
- Hexagon Nutrition Ltd. Share Price Today - Hexagon Nutrition Ltd. Stock Price Live NSE/BSE
- Hexagon Nutrition launches stable vitamin A formulation for African food fortification
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.