Indian Card Clothing Company Manasi M. Nisal appointed
Indian Card Clothing Company (NSE: INDIANCARD) said Manasi M. The company is valued at about ₹113 crore.
What happened
Indian Card Clothing Company (NSE: INDIANCARD) informed the stock exchanges on 3 November 2026 at 07:18 PM that Manasi M. Nisal has been appointed.
From the filing: "Indian Card Clothing Company Limited has informed the Exchange regarding Appointment of Ms."
Company snapshot
Indian Card Clothing Company is a micro-cap company, with a market value of about ₹113 crore.
The stock last traded at ₹190, against a 52-week range of ₹153–₹278.3 (31.7% below the high).
Before this filing the shares had moved +1.1% over the month and −16.6% over three months. Average daily turnover over the last 20 sessions was about ₹0.04 crore.
Promoters held 67.33% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 10 | 2.3 | 3.86 |
| Q2 FY26 | 11 | 5.6 | 9.11 |
| Q3 FY26 | 10 | -0.6 | -1.02 |
| Q4 FY26 | 11 | -3.1 | -5.69 |
| Q1 FY27 | 10 | 4.5 | 7.68 |
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 0.4% on average the next trading day and was down 2.0% on average after five days (5 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 |
|---|---|---|---|
| 20 Oct 2026 | Outcome of the Board Meeting of the Company held on October 20, 2026 | −2.1% | −0.1% |
| 1 Sept 2026 | Resignation of Director/KMP/SMP | +1.6% | +2.5% |
| 1 Sept 2026 | Resignation of Mr. Jyoteendra Mansukhlal Kothary as Non- Executive… | +1.6% | +2.5% |
| 14 Aug 2026 | Resignation of Director/KMP/SMP | −1.6% | −7.5% |
| 14 Aug 2026 | Change in Management - we would like to inform you that Mr.… | −1.6% | −7.5% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 3 November 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Momentum Stocks: Indian Card Clothing, Shiva Texyarn, Creative Newtech gains up to 8% on sheer momentum
- Indian Card Clothing Co. Ltd. Estimates – NSE:INDIANCARD
- Indian Card Clothing Yearly results, Financial Summary
- Indian Card Clothing (INDIANCARD.NS) Slips 1.60% to ₹185.0; ₹175.75 Support in Focus - Momentum ETF
- Indian Card Clothing (NSE:INDIANCARD): Why Did It Correct a Director Appointment Date?
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.