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Management change

IG Petrochemicals: Resignation of Director/KMP/SMP

IG Petrochemicals (IGPL) filed a disclosure titled "Resignation of Director/KMP/SMP". The company is valued at about ₹1,815 crore.

BCEIE News Desk · Published 6 Oct 2026, 07:26 pm IST · Filing received 6 Oct 2026, 07:10 pm IST

What happened

IG Petrochemicals (IGPL) filed a disclosure with the exchanges on 6 October 2026 at 07:10 PM titled "Resignation of Director/KMP/SMP".

Company snapshot

IG Petrochemicals is a small-cap company, with a market value of about ₹1,815 crore.

The stock last traded at ₹589.5, against a 52-week range of ₹315–₹609.9 (3.3% below the high).

Before this filing the shares had moved +0.9% over the month and +29.0% over three months. Average daily turnover over the last 20 sessions was about ₹4.94 crore.

Promoters held 68.74% at the end of Q1 FY27. Foreign institutions owned 2.67% and domestic institutions 1.61%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26470-13-4.22
Q2 FY26465-2-0.65
Q3 FY26465-10.9-3.52
Q4 FY2652428.19.11
Q1 FY2761866.421.57

What history shows

This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Market-wide, 3,866 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):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.