Madras Fertilizers V S Murthy appointed
Madras Fertilizers (NSE: MADRASFERT) said V S Murthy has been appointed. The company is valued at about ₹910 crore.
What happened
Madras Fertilizers (NSE: MADRASFERT) informed the stock exchanges on 12 November 2026 at 03:47 PM that V S Murthy has been appointed.
Company snapshot
Madras Fertilizers is a micro-cap company, with a market value of about ₹910 crore.
The stock last traded at ₹56.48, against a 52-week range of ₹49.15–₹85.48 (33.9% below the high).
Before this filing the shares had moved −1.6% over the month and −15.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.16 crore.
Promoters held 85.27% at the end of Q1 FY27. Foreign institutions owned 0.02% and domestic institutions 0.05%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 672 | 44.1 | 2.74 |
| Q2 FY26 | 510 | 13 | 0.8 |
| Q3 FY26 | 419 | 2.5 | 0.16 |
| Q4 FY26 | 699 | 20.9 | 1.33 |
| Q1 FY27 | 814 | 34.6 | 2.15 |
What history shows
This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.5% on average the next trading day and was down 3.5% on average after five days (4 filings with price data).
Market-wide, 4,506 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Aug 2026 | Change in Director(s) of the company. | +6.2% | −1.5% |
| 24 Aug 2026 | Change in Director(s) of the company. | +6.2% | −1.5% |
| 19 Jun 2026 | Change in Director(s) of the company. | −2.4% | −6.7% |
| 18 Jun 2026 | Change in Director(s) | −0.1% | −4.3% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 12 November 2026: Board meeting — Financial Results/Other business matters.
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.