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Management change

Jindal Poly Investment and Finance Company Devendra Singh Rawat appointed

Jindal Poly Investment and Finance Company (NSE: JPOLYINVST) said Devendra Singh Rawat has been appointed. The company is valued at about ₹991 crore.

BCEIE News Desk · Published 13 Nov 2026, 09:15 pm IST · Filing received 13 Nov 2026, 08:58 pm IST

What happened

Jindal Poly Investment and Finance Company (NSE: JPOLYINVST) informed the stock exchanges on 13 November 2026 at 08:58 PM that Devendra Singh Rawat has been appointed.

Company snapshot

Jindal Poly Investment and Finance Company is a micro-cap company, with a market value of about ₹991 crore.

The stock last traded at ₹943, against a 52-week range of ₹842.7–₹1,487.7 (36.6% below the high).

Before this filing the shares had moved −1.9% over the month and −9.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.26 crore.

Promoters held 74.63% at the end of Q1 FY27. Foreign institutions owned 0.10% and domestic institutions 0.45%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26874.16.4
Q2 FY261957.554.74
Q3 FY26962702.1667.86
Q4 FY264735.233.45
Q1 FY27913.913.22

What history shows

This is not the company's first management change disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 1.3% on average the next trading day and was down 0.5% on average after five days (3 filings with price data).

Market-wide, 4,556 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
6 Aug 2026Management change−2.4%−5.1%
6 Aug 2026Board Meeting Outcome for Outcome Of Board Meeting - Re-Appointment…+2.1%+1.8%
31 Jul 2026Management change+4.0%+1.9%

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.

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