Hindustan Composites CEO Vinay Sarin resigns
Hindustan Composites (HINDCOMPOS) said Vinay Sarin, CEO, has resigned. The company is valued at about ₹527 crore.
What happened
Hindustan Composites (HINDCOMPOS) told the exchanges on 5 November 2026 at 06:44 PM that Vinay Sarin, CEO, has resigned.
From the filing: "Vinay Sarin resigned from the position of Non-Executive Non-Independent Director of the Company with effect from the close of business hours on 5 th November, 2026, in order to Company's strategic leadership transition plan."
Company snapshot
Hindustan Composites is a micro-cap company, with a market value of about ₹527 crore.
The stock last traded at ₹357.1, against a 52-week range of ₹347.1–₹550 (35.1% below the high).
Before this filing the shares had moved −6.2% over the month and −16.1% over three months. Average daily turnover over the last 20 sessions was about ₹2.03 crore.
Promoters held 74.98% at the end of Q1 FY27. Foreign institutions owned 0.02% and domestic institutions 0.01%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 87 | 7.5 | 5.05 |
| Q2 FY26 | 89 | 5.3 | 3.58 |
| Q3 FY26 | 95 | 6.7 | 4.52 |
| Q4 FY26 | 105 | 11.7 | 7.92 |
| Q1 FY27 | 20 | 8.7 | 5.88 |
What history shows
BCEIE's records show 4 previous management change filings from the company since May 2026.
After those filings, the stock fell 2.0% on average the next trading day and was down 2.6% on average after five days (3 filings with price data).
Market-wide, 4,282 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 Aug 2026 | Management change | −0.3% | −1.0% |
| 20 Aug 2026 | Management change | −0.3% | −1.0% |
| 23 Jul 2026 | Management change | −5.4% | −5.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 5 November 2026: Board meeting — Financial Results.
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.