Ice Make Refrigeration: Appointment of Chandrakant Patel as Managing Director of the company w.e.f. September 05, 2026

What happened

Ice Make Refrigeration (ICEMAKE) filed a disclosure with the exchanges on 30 September 2026 at 05:29 PM titled "Appointment of Chandrakant Patel as Managing Director of the company w.e.f. September 05, 2026".

From the filing: "Ice Make Refrigeration Limited has informed the Exchange regarding Appointment of Chandrakant Patel as Managing Director of the company w.e.f."

Company snapshot

Ice Make Refrigeration is a small-cap company, with a market value of about ₹1,177 crore.

The stock last traded at ₹648.8, against a 52-week range of ₹645.9–₹920 (29.5% below the high).

Before this filing the shares had moved −13.2% over the month and −18.5% over three months. Average daily turnover over the last 20 sessions was about ₹1.63 crore.

Promoters held 64.52% at the end of Q2 FY27, down 9.68% points from the previous quarter; 8.03% of promoter shares were pledged. Foreign institutions owned 0.01% and domestic institutions 0.88%.

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

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.

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):

• Ice Make Refrigeration (ICEMAKE.NS) Edges Up 1.21% to ₹702.1, Holding Above ₹667 Support - Defined Outcome ETF — siam.in, 22 Sept 2026
• ICE Make Refrigeration vs Nifty 50: Returns Compared — Univest, 28 Sept 2026
• Ice Make Refrigeration ICEMAKE Trading Window Closure — Kalkine India, 28 Sept 2026

Source

• Exchange filing (PDF)