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Management change

Latteys Industries: Reappointment of Independent Director of Mr Piyush Poddar for the Second Term'

Latteys Industries (LATTEYS) filed a disclosure titled "Reappointment of Independent Director of Mr Piyush Poddar for the Second Term'". The company is valued at about ₹120 crore.

BCEIE News Desk · Published 1 Oct 2026, 05:39 pm IST · Filing received 1 Oct 2026, 05:22 pm IST

What happened

Latteys Industries (LATTEYS) filed a disclosure with the exchanges on 1 October 2026 at 05:22 PM titled "Reappointment of Independent Director of Mr Piyush Poddar for the Second Term'".

From the filing: "Latteys Industries Limited has informed the Exchange regarding 'Reappointment of Independent Director of Mr Piyush Poddar for the Second Term'."

Company snapshot

Latteys Industries is a micro-cap company, with a market value of about ₹120 crore.

The stock last traded at ₹20.91, against a 52-week range of ₹15.79–₹37 (43.5% below the high).

Before this filing the shares had moved −3.7% over the month and −0.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.09 crore.

Promoters held 70.42% at the end of Q1 FY27.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26240.70.22
Q2 FY26200.60.1
Q3 FY26340.90.16
Q4 FY26391.40.24
Q1 FY27391.30.44

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

Market-wide, 3,837 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.

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.