IFB Agro Industries Soumitra Chakraborty retires
IFB Agro Industries (BSE: IFBAGRO) said Soumitra Chakraborty has retired. The company is valued at about ₹804 crore.
What happened
IFB Agro Industries (BSE: IFBAGRO) informed the stock exchanges on 29 September 2026 at 09:44 PM that Soumitra Chakraborty has retired.
Company snapshot
IFB Agro Industries is a micro-cap company, with a market value of about ₹804 crore.
The stock last traded at ₹858.6, against a 52-week range of ₹679.2–₹1,790 (52.0% below the high).
Before this filing the shares had moved −10.5% over the month and −6.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.37 crore.
Promoters held 65.00% at the end of Q1 FY27. Foreign institutions owned 0.74% and domestic institutions 1.12%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 416 | 17.2 | 18.34 |
| Q2 FY26 | 533 | 22.7 | 24.23 |
| Q3 FY26 | 471 | 7.3 | 7.79 |
| Q4 FY26 | 492 | 9.3 | 9.94 |
| Q1 FY27 | 521 | 20.4 | 21.72 |
What history shows
BCEIE's records show 5 previous management change filings from the company since May 2026.
After those filings, the stock fell 4.3% on average the next trading day and was down 7.0% on average after five days (4 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 |
|---|---|---|---|
| 29 Jul 2026 | Management change | −1.0% | −2.1% |
| 27 Jul 2026 | Management change | −5.4% | −6.8% |
| 27 Jul 2026 | Appointment of Mr. Mageshram Sankarapandian as Other of the company… | −5.4% | −6.8% |
| 28 May 2026 | Management change | −5.6% | −12.5% |
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.