Kuantum Papers Chief Financial Officer Vikram Kumar Khaitan resigns
Kuantum Papers (KUANTUM) said Vikram Kumar Khaitan, Chief Financial Officer, has resigned. The company is valued at about ₹583 crore.
What happened
In a filing with the BSE on 31 October 2026 at 06:13 PM, Kuantum Papers (KUANTUM) said that Vikram Kumar Khaitan, Chief Financial Officer, has resigned.
From the filing: "Vikram Kumar Khaitan has tendered his resignation from the post of Chief Financial Officer(CFO) and Key Managerial Personnel of the Company of the Company, w.e.f. close of business hours of 31 st October, 2026, on account of personal reasons."
Company snapshot
Kuantum Papers is a micro-cap company, with a market value of about ₹583 crore.
The stock last traded at ₹66.81, against a 52-week range of ₹64.61–₹108.8 (38.6% below the high).
Before this filing the shares had moved −12.9% over the month and −14.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.81 crore.
Promoters held 70.30% at the end of Q2 FY27. Foreign institutions owned 0.02% and domestic institutions 0.01%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 280 | 5.8 | 0.66 |
| Q3 FY26 | 290 | 9.8 | 1.12 |
| Q4 FY26 | 301 | 14.3 | 1.64 |
| Q1 FY27 | 304 | 6.2 | 0.71 |
| Q2 FY27 | 279 | 2.2 | 0.26 |
What history shows
BCEIE's records show 5 previous management change filings from the company since May 2026.
After those filings, the stock fell 0.6% on average the next trading day and was up 1.0% on average after five days (4 filings with price data).
Market-wide, 4,075 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 |
|---|---|---|---|
| 27 Aug 2026 | Management change | +0.3% | +3.9% |
| 27 Aug 2026 | Management change | +0.3% | +3.9% |
| 26 May 2026 | Change in Director(s) of the company. | −1.4% | −1.9% |
| 26 May 2026 | Change in Auditors of the company. | −1.4% | −1.9% |
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):
- Kuantum Papers Ltd (BOM:532937) (Q2 2027) Earnings Call Highlights: Record PM3 Commissioning, ...
- Kuantum Papers Q2FY27 Results: Net profit down 61% YoY to ₹2.24 crore
- Kuantum Papers Q2 Results FY27: PAT Down 61.18% to Rs 2.24 Cr
- Kuantum Papers (NSE:KUANTUM) Q2 FY27 Results: Shutdown and Mill Upgradation Impact
- Kuantum Papers NSE:KUANTUM Q2 FY27 Results Newspaper Publication
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.