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Management change

Jindal Worldwide Director Omprakash Ugamraj Bhandari appointed

Jindal Worldwide (JINDWORLD) said Omprakash Ugamraj Bhandari, Director, has been appointed; and Bhavi Shreyans Shah, Director, has been appointed. The company is valued at about ₹4,699 crore.

BCEIE News Desk · Published 30 Sept 2026, 09:23 pm IST · Filing received 30 Sept 2026, 09:06 pm IST

What happened

Jindal Worldwide (JINDWORLD) told the exchanges on 30 September 2026 at 09:06 PM that Omprakash Ugamraj Bhandari, Director, has been appointed; and Bhavi Shreyans Shah, Director, has been appointed.

From the filing: "September 30, 2026, subject to approval of the Members of the Company; b) based on the recommendation of Nomination and Remuneration Committee, approved the appointment of Mrs."

Company snapshot

Jindal Worldwide is a small-cap company, with a market value of about ₹4,699 crore.

The stock last traded at ₹46.87, against a 52-week range of ₹17.85–₹61.99 (24.4% below the high).

Before this filing the shares had moved +22.9% over the month and +56.1% over three months. Average daily turnover over the last 20 sessions was about ₹172 crore.

Promoters held 61.76% at the end of Q1 FY27; 18.90% of promoter shares were pledged. Foreign institutions owned 0.09% and domestic institutions 0.00%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2654017.40.17
Q2 FY2657311.90.12
Q3 FY2653214.30.14
Q4 FY2664021.50.26
Q1 FY2755532.40.32

What history shows

This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 11.0% on average the next trading day and was up 28.7% on average after five days (4 filings with price data).

Market-wide, 3,837 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.

Earlier filings of this kind
DateFilingNext day5 days
2 Sept 2026Management change+43.1%+38.4%
28 Aug 2026Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And…+4.0%+56.1%
17 Jul 2026Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And…−1.6%+18.0%
15 Jun 2026Management change−1.5%+2.3%

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.