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Management change

Industrial & Prudential Investment Company Gaurav Swarup as Managing appointed

Industrial & Prudential Investment Company (INDPRUD) said Gaurav Swarup as Managing has been appointed. The company is valued at about ₹1,024 crore.

BCEIE News Desk · Published 11 Nov 2026, 05:44 pm IST · Filing received 11 Nov 2026, 05:29 pm IST

What happened

Industrial & Prudential Investment Company (INDPRUD) told the exchanges on 11 November 2026 at 05:29 PM that Gaurav Swarup as Managing has been appointed.

Company snapshot

Industrial & Prudential Investment Company is a small-cap company, with a market value of about ₹1,024 crore.

The stock last traded at ₹6,110, against a 52-week range of ₹5,750.5–₹7,052.5 (13.4% below the high).

Before this filing the shares had moved −4.0% over the month and −4.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.05 crore.

Promoters held 68.17% at the end of Q1 FY27. Foreign institutions owned 0.56% and domestic institutions 0.07%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q4 FY1832.614.64
Q1 FY1965.832.97
Q2 FY1921.37.54
Q3 FY1910.74.2
Q4 FY1921.79.54

What history shows

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

Market-wide, 4,491 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 45% 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.

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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