Kshitij Polyline Ruhini Kumar Chakraborty resigns
Kshitij Polyline (NSE: KSHITIJPOL) said Ruhini Kumar Chakraborty has resigned. The company is valued at about ₹66.59 crore.
What happened
Kshitij Polyline (NSE: KSHITIJPOL) informed the stock exchanges on 5 November 2026 at 08:11 PM that Ruhini Kumar Chakraborty has resigned.
From the filing: "Consequent to his resignation as Non - Executive Independent Director, he shall also cease to be the Member of Audit Committee, Nomination and Remuneration Committee and Chairman of Stakeholders Relationship Committee of the Company with effect from 04 th November, 2026."
Company snapshot
Kshitij Polyline is a micro-cap company, with a market value of about ₹66.59 crore.
The stock last traded at ₹3.11, against a 52-week range of ₹1.88–₹7.38 (57.9% below the high).
Before this filing the shares had moved −21.1% over the month and +2.3% over three months. Average daily turnover over the last 20 sessions was about ₹1.53 crore.
Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 0.12% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 9 | 0.4 | 0.05 |
| Q2 FY26 | 12 | 0.5 | 0.02 |
| Q3 FY26 | 11 | 0.6 | 0.04 |
| Q4 FY26 | 13 | 2.1 | 0.14 |
| Q1 FY27 | 14 | 0.6 | 0.03 |
What history shows
This is not the company's first management change disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.4% on average the next trading day and was up 16.5% on average after five days (4 filings with price data).
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Sept 2026 | Re-appointment of Mrs. Vineeta Jain as Whole-Time Director of the… | −9.4% | — |
| 23 Sept 2026 | Change in Company Secretary/Compliance Officer | −0.4% | — |
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):
- Kshitij Polyline Ltd. Focuses on Business Growth and Strengthening Market Presence
- Kshitij Polyline KSHITIJPOL Rights Issue Fund Utilisation Q2 FY27
- Kshitij Polyline Q2 2026 Earnings: EPS of ₹0.25 and 6.79% Revenue Growth Lift Shares 4.85% - Earnings Season Outlook
- Kshitij Polyline (NSE:KSHITIJPOL): What Does Its Share Capital Audit for Q2 FY27 Reveal?
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.