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Management change

Kridhan Infra: Mr. Anil Agrawal conveyed his intention to step down from the position of Director of the Company

Kridhan Infra (KRIDHANINF) filed a disclosure titled "Mr. Anil Agrawal conveyed his intention to step down from the position of Director of the Company". The company is valued at about ₹24.44 crore.

BCEIE News Desk · Published 21 Oct 2026, 12:44 pm IST · Filing received 21 Oct 2026, 12:28 pm IST

What happened

Kridhan Infra (KRIDHANINF) filed a disclosure with the exchanges on 21 October 2026 at 12:28 PM titled "Mr. Anil Agrawal conveyed his intention to step down from the position of Director of the Company".

From the filing: "A copy of the resignation letter received from Mr."

Company snapshot

Kridhan Infra is a micro-cap company, with a market value of about ₹24.44 crore.

The stock last traded at ₹2.19, against a 52-week range of ₹1.79–₹4.78 (54.2% below the high).

Before this filing the shares had moved +20.3% over the month and −13.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.01 crore.

Promoters held 40.05% at the end of Q1 FY27.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2621.20.13
Q2 FY2610.30.03
Q3 FY260-0.3-0.03
Q4 FY2600.90.09
Q1 FY27100

What history shows

This is not the company's first management change disclosure: BCEIE has 7 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 0.7% on average the next trading day and was down 1.3% on average after five days (6 filings with price data).

Market-wide, 3,974 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
30 Sept 2026Resignation of Director/KMP/SMP+0.5%+6.4%
30 Sept 2026Resignation of Ms. Ekta Rathod as Company Secretary & Compliance…+0.5%+6.4%
1 Sept 2026Management change−1.5%−2.0%
1 Sept 2026Management change+3.0%−1.5%
21 Jul 2026Resignation of Director/KMP/SMP−3.5%−8.6%

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.

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