Hindware Home Innovation Naveen Malik as Chief resigns
Hindware Home Innovation (HINDWAREAP) said Naveen Malik as Chief has resigned. The company is valued at about ₹1,403 crore.
What happened
In a filing with the NSE on 4 November 2026 at 05:23 PM, Hindware Home Innovation (HINDWAREAP) said that Naveen Malik as Chief has resigned.
From the filing: "Hindware Home Innovation Limited has informed the Exchange regarding Resignation of Mr Naveen Malik as Chief Executive Officer of the company w.e.f."
Company snapshot
Hindware Home Innovation is a small-cap company, with a market value of about ₹1,403 crore.
The stock last traded at ₹167.8, against a 52-week range of ₹155.5–₹390 (57.0% below the high).
Before this filing the shares had moved −3.1% over the month and −24.8% over three months. Average daily turnover over the last 20 sessions was about ₹1.47 crore.
Promoters held 52.74% at the end of Q1 FY27. Foreign institutions owned 5.15% and domestic institutions 3.72%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 531 | -29.1 | -3.48 |
| Q2 FY26 | 676 | 4.9 | 0.59 |
| Q3 FY26 | 640 | 3.6 | 0.42 |
| Q4 FY26 | 663 | -19 | -2.27 |
| Q1 FY27 | 625 | 4.3 | 0.52 |
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 0.1% on average the next trading day and was up 0.9% on average after five days (3 filings with price data).
Market-wide, 4,237 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 |
|---|---|---|---|
| 29 Jun 2026 | Appointment Of Mr. Shashvat Somany As Joint Managing Director And… | +0.4% | −2.1% |
| 19 Jun 2026 | Resignation of Director/KMP/SMP | −0.1% | +2.4% |
| 19 Jun 2026 | Management change | −0.1% | +2.4% |
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.