Maharashtra Seamless Manish Kumar Khandelwal appointed
Maharashtra Seamless (BSE: MAHSEAMLES) said Manish Kumar Khandelwal has been appointed. The company is valued at about ₹7,662 crore.
What happened
Maharashtra Seamless (BSE: MAHSEAMLES) informed the stock exchanges on 13 November 2026 at 03:09 PM that Manish Kumar Khandelwal has been appointed.
Company snapshot
Maharashtra Seamless is a small-cap company in the Capital Goods sector, with a market value of about ₹7,662 crore.
The stock last traded at ₹571.8, against a 52-week range of ₹500.7–₹768 (25.6% below the high).
Before this filing the shares had moved −5.8% over the month and −6.3% over three months. Average daily turnover over the last 20 sessions was about ₹11.99 crore.
Promoters held 70.28% at the end of Q1 FY27. Foreign institutions owned 9.72% and domestic institutions 3.84%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,145 | 230.3 | 17.19 |
| Q2 FY26 | 1,159 | 125.3 | 9.35 |
| Q3 FY26 | 1,090 | 242.9 | 18.12 |
| Q4 FY26 | 1,280 | 102.8 | 7.67 |
| Q1 FY27 | 1,091 | 266.4 | 19.88 |
What history shows
BCEIE's records show 7 previous management change filings from the company since May 2026.
After those filings, the stock gained 0.1% on average the next trading day and was down 0.3% on average after five days (5 filings with price data).
Across 268 similar disclosures by other Capital Goods companies, shares moved +0.3% on average the next day and +0.8% over five days; 53% of them rose the next day.
Market-wide, 4,544 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 Sept 2026 | Resignation of Mr. S.P. Raj form the Directorship of the Company | +0.9% | — |
| 7 Aug 2026 | Management change | +0.9% | +5.5% |
| 4 Jul 2026 | Resignation of Director/KMP/SMP | −1.2% | −3.0% |
| 3 Jul 2026 | Management change | −1.2% | −1.1% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 13 November 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Maharashtra Seamless Issues Newspaper Notice for IEPF Share Transfer; Shareholders Must Act by October 15, 2026
- Maharashtra Seamless Limited (MAHSEAMLES.NS) Seasonal returns chart
- Maharashtra Seamless Ltd Technical Momentum Shifts Amid Mixed Market Signals
- Maharashtra Seamless Q2 FY27 Earnings Call Details
- Maharashtra Seamless Limited appoints new CFO and approves Q2 2026 results
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.