K.M.Sugar Mills Sanjay Jhunjhunwala as Executive resigns
K.M.Sugar Mills (KMSUGAR) said Sanjay Jhunjhunwala as Executive has resigned. The company is valued at about ₹297 crore.
What happened
In a filing with the NSE on 5 November 2026 at 04:18 PM, K.M.Sugar Mills (KMSUGAR) said that Sanjay Jhunjhunwala as Executive has resigned.
From the filing: "K.M.Sugar Mills Limited has informed the Exchange regarding Resignation of Mr."
Company snapshot
K.M.Sugar Mills is a micro-cap company, with a market value of about ₹297 crore.
The stock last traded at ₹32.23, against a 52-week range of ₹23.3–₹36.5 (11.7% below the high).
Before this filing the shares had moved +16.2% over the month and +11.8% over three months. Average daily turnover over the last 20 sessions was about ₹0.88 crore.
Promoters held 56.51% at the end of Q1 FY27. Foreign institutions owned 0.12% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 208 | 13.1 | 1.43 |
| Q2 FY26 | 175 | 10.5 | 1.14 |
| Q3 FY26 | 169 | 20.6 | 2.24 |
| Q4 FY26 | 106 | 9.2 | 1 |
| Q1 FY27 | 190 | 7.8 | 1.7 |
What history shows
BCEIE's records show 2 previous management change filings from the company since May 2026.
After those filings, the stock fell 2.2% on average the next trading day and was up 1.5% on average after five days (2 filings with price data).
Market-wide, 4,282 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 |
|---|---|---|---|
| 28 Jul 2026 | Change in Director(s) of the company. | −3.2% | +1.2% |
| 10 Jul 2026 | Management change | −1.2% | +1.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 5 November 2026: Board meeting — Financial Results.
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.