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Management change

Landmark Cars: The completion of the term of Ms. Sucheta Shah as an Independent Director with effect from the end of the…

Landmark Cars (LANDMARK) filed a disclosure titled "The completion of the term of Ms. Sucheta Shah as an Independent Director with effect from the end of the day on October 27, 2026. The company is valued at about ₹1,763 crore.

BCEIE News Desk · Published 28 Oct 2026, 05:27 pm IST · Filing received 28 Oct 2026, 05:11 pm IST

What happened

Landmark Cars (LANDMARK) filed a disclosure with the exchanges on 28 October 2026 at 05:11 PM titled "The completion of the term of Ms. Sucheta Shah as an Independent Director with effect from the end of the day on October 27, 2026. The disclosure".

Company snapshot

Landmark Cars is a small-cap company, with a market value of about ₹1,763 crore.

The stock last traded at ₹425.1, against a 52-week range of ₹339.5–₹644.9 (34.1% below the high).

Before this filing the shares had moved −16.1% over the month and −17.1% over three months. Average daily turnover over the last 20 sessions was about ₹55.97 crore.

Promoters held 49.93% at the end of Q1 FY27, up 0.13% points from the previous quarter. Foreign institutions owned 2.69% and domestic institutions 20.67%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261,0626.91.67
Q2 FY261,2111.20.29
Q3 FY261,34514.23.42
Q4 FY261,279153.63
Q1 FY271,30214.53.51

What history shows

This is not the company's first management change disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 3.6% on average the next trading day and was down 6.2% on average after five days (2 filings with price data).

Market-wide, 4,004 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
25 Sept 2026Change in Director(s) of the company.−0.3%−1.6%
11 Aug 2026Management change−7.0%−10.8%

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.