JK Paper Gunjan Shah as a appointed
JK Paper (JKPAPER) said Gunjan Shah as a has been appointed. The company is valued at about ₹6,711 crore.
What happened
In a filing with the NSE on 2 November 2026 at 05:31 PM, JK Paper (JKPAPER) said that Gunjan Shah as a has been appointed.
From the filing: "JK Paper Limited has informed the Exchange regarding Appointment of Mr Gunjan Shah as a member of Senior Management of the company w.e.f."
Company snapshot
JK Paper is a small-cap company in the Forest Materials sector, with a market value of about ₹6,711 crore.
The stock last traded at ₹370.1, against a 52-week range of ₹304.9–₹442 (16.3% below the high).
Before this filing the shares had moved −5.4% over the month and −5.2% over three months. Average daily turnover over the last 20 sessions was about ₹15.37 crore.
Promoters held 52.94% at the end of Q1 FY27. Foreign institutions owned 11.40% and domestic institutions 6.27%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,674 | 81.2 | 4.8 |
| Q2 FY26 | 1,749 | 74.8 | 4.42 |
| Q3 FY26 | 1,763 | 27.4 | 1.61 |
| Q4 FY26 | 1,966 | 92 | 5.07 |
| Q1 FY27 | 1,887 | 130.1 | 7.18 |
What history shows
This is not the company's first management change disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.1% on average the next trading day and was up 1.9% on average after five days (4 filings with price data).
Market-wide, 4,084 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 |
|---|---|---|---|
| 12 Oct 2026 | NRC has approved the appointment of Shri Gunjan Dinesh Kumar Shah as… | +3.6% | +5.4% |
| 2 Sept 2026 | Management change | +2.7% | +5.0% |
| 1 Sept 2026 | Appointment of Company Secretary and Compliance Officer | −0.3% | +4.8% |
| 27 Jul 2026 | Management change | −6.3% | −7.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 2 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Gunjan Shah Appointed President – Paper at JK Paper Ltd.
- JK Paper Limited Estimates – NSE:JKPAPER
- JK Paper Ltd. Share Price Today - JK Paper Ltd. Stock Price Live NSE/BSE
- JK Paper Appoints Former Bata India CEO Gunjan Shah as President
- JK Paper Sabrang 2026 concludes at JKLU with stellar performance by artist Varun Jain
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.