Kanoria Chemicals & Industries Rajya Vardhan Kanoria appointed
Kanoria Chemicals & Industries (KANORICHEM) said Rajya Vardhan Kanoria has been appointed. The company is valued at about ₹748 crore.
What happened
In a filing with the BSE on 13 November 2026 at 03:38 PM, Kanoria Chemicals & Industries (KANORICHEM) said that Rajya Vardhan Kanoria has been appointed.
From the filing: "Considered and approved the re-appointment of Shri Rajya Vardhan Kanoria (DIN : 00003792) as Managing Director for a term of 3 years with effect from 10th January, 2027, subject to approval ...."
Company snapshot
Kanoria Chemicals & Industries is a micro-cap company, with a market value of about ₹748 crore.
The stock last traded at ₹171.3, against a 52-week range of ₹56–₹206 (16.9% below the high).
Before this filing the shares had moved +3.5% over the month and +8.9% over three months. Average daily turnover over the last 20 sessions was about ₹0.49 crore.
Promoters held 74.40% at the end of Q1 FY27; 29.57% of promoter shares were pledged. Foreign institutions owned 0.05% and domestic institutions 0.07%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 454 | -7.8 | -1.79 |
| Q2 FY26 | 210 | 101.4 | 21.38 |
| Q3 FY26 | 266 | 3.6 | 0.81 |
| Q4 FY26 | 304 | 45.4 | 7.24 |
| Q1 FY27 | 460 | 27.3 | 6.03 |
What history shows
This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Market-wide, 4,544 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.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 13 November 2026: Board meeting — Financial Results.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.