Mangal Electrical Industries: Outcome of the 4th Meeting (FY 2026-27) of the Board of Directors of Mangal Electrical Industries Limited…
Mangal Electrical Industries (MEIL) filed a disclosure titled "Outcome of the 4th Meeting (FY 2026-27) of the Board of Directors of Mangal Electrical Industries Limited ("the Company")". The company is valued at about ₹682 crore.
What happened
Mangal Electrical Industries (MEIL) filed a disclosure with the exchanges on 31 October 2026 at 04:44 PM titled "Outcome of the 4th Meeting (FY 2026-27) of the Board of Directors of Mangal Electrical Industries Limited ("the Company")".
Company snapshot
Mangal Electrical Industries is a micro-cap company, with a market value of about ₹682 crore.
The stock last traded at ₹246.9, against a 52-week range of ₹206.3–₹483 (48.9% below the high).
Before this filing the shares had moved −7.3% over the month and −13.3% over three months. Average daily turnover over the last 20 sessions was about ₹4.59 crore.
Promoters held 74.79% at the end of Q1 FY27. Foreign institutions owned 1.28% and domestic institutions 4.30%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 90 | 3.7 | 1.82 |
| Q2 FY26 | 244 | 17 | 7.78 |
| Q3 FY26 | 156 | 13.4 | 5.01 |
| Q4 FY26 | 179 | 12.8 | 4.68 |
| Q1 FY27 | 126 | 7.5 | 2.72 |
What history shows
This is not the company's first management change disclosure: BCEIE has 7 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.4% on average the next trading day and was down 3.3% on average after five days (7 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 |
|---|---|---|---|
| 18 Sept 2026 | Resignation of Director/KMP/SMP | −0.0% | −1.6% |
| 18 Sept 2026 | Resignation of Director/KMP/SMP | −0.0% | −1.6% |
| 18 Sept 2026 | Resignation of Ms Tanvi Surana as Independent Director of the… | −0.0% | −1.6% |
| 16 Sept 2026 | Change in Management | +1.2% | +1.5% |
| 29 Jul 2026 | Appointment of Ms Neha Rathi as Additional Director (Independent) of… | −3.7% | −6.5% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 31 October 2026: Board meeting — Financial Results.
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.