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Management change

India Glycols Alok Singhal appointed

India Glycols (INDIAGLYCO) said Alok Singhal has been appointed. The company is valued at about ₹2,087 crore.

BCEIE News Desk · Published 13 Nov 2026, 05:44 pm IST · Filing received 13 Nov 2026, 05:28 pm IST

What happened

India Glycols (INDIAGLYCO) told the exchanges on 13 November 2026 at 05:28 PM that Alok Singhal has been appointed.

Company snapshot

India Glycols is a small-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹2,087 crore.

The stock last traded at ₹311.3, against a 52-week range of ₹164.1–₹1,222 (74.5% below the high).

Before this filing the shares had moved −3.7% over the month and +44.1% over three months. Average daily turnover over the last 20 sessions was about ₹34.4 crore.

Promoters held 59.63% at the end of Q1 FY27. Foreign institutions owned 2.24% and domestic institutions 5.22%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY262,50373.323.66
Q2 FY262,41265.110.51
Q3 FY262,55167.610.79
Q4 FY262,36086.913.64
Q1 FY272,98896.814.45

What history shows

This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 25.5% on average the next trading day and was down 26.4% on average after five days (3 filings with price data).

Across 110 similar disclosures by other Fast Moving Consumer Goods companies, shares moved −0.7% on average the next day and −0.3% over five days; 39% of them rose the next day.

Market-wide, 4,544 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
1 Sept 2026Management change−77.7%−72.9%
31 Jul 2026Management change+1.5%−5.5%
2 Jul 2026Appointment Of Chief Operating Officer By IGL Spirits Limited…−0.2%−0.7%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 13 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.

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