Kirloskar Pneumatic Company Vijay K steps down
Kirloskar Pneumatic Company (KIRLPNU) said Vijay K has ceased. The company is valued at about ₹6,998 crore.
What happened
In a filing with the BSE on 2 November 2026 at 10:25 AM, Kirloskar Pneumatic Company (KIRLPNU) said that Vijay K has ceased.
Company snapshot
Kirloskar Pneumatic Company is a small-cap company in the Capital Goods sector, with a market value of about ₹6,998 crore.
The stock last traded at ₹538.5, against a 52-week range of ₹495.1–₹1,098.6 (51.0% below the high).
Before this filing the shares had moved −21.3% over the month and −26.3% over three months. Average daily turnover over the last 20 sessions was about ₹20.81 crore.
Promoters held 38.80% at the end of Q2 FY27, down 0.01% points from the previous quarter. Foreign institutions owned 10.01% and domestic institutions 25.30%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 386 | 43.5 | 6.75 |
| Q3 FY26 | 407 | 42.2 | 6.4 |
| Q4 FY26 | 712 | 143.8 | 22.14 |
| Q1 FY27 | 303 | 33.4 | 5.15 |
| Q2 FY27 | 326 | 40 | 3.08 |
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 fell 6.1% on average the next trading day and was down 7.0% on average after five days (4 filings with price data).
Across 240 similar disclosures by other Capital Goods companies, shares moved +0.4% on average the next day and +0.6% over five days; 52% of them rose the next day.
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 |
|---|---|---|---|
| 22 Jul 2026 | Management change | −6.1% | −7.0% |
| 22 Jul 2026 | Management change | −6.1% | −7.0% |
| 22 Jul 2026 | Management change | −6.1% | −7.0% |
| 22 Jul 2026 | Management change | −6.1% | −7.0% |
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):
- Kirloskar Pneumatic Company Qtrly Consol Net Profit 400 Mln Rupees
- Kirloskar Pneumatic Q2 net profit drops 9% to ₹40 crore
- Kirloskar Pneumatic (BSE:505283) - Stock Analysis
- Kirloskar Pneumatic Shares Drop Over 11% After Q2 Profit Dips, Revenue Falls
- Earnings call transcript: Kirloskar Pneumatic Q2 2026 shares sink 10% on weak sales
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.