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Management change

Mangalam Drugs And Organics Prabhakar Zavar as an appointed

Mangalam Drugs And Organics (BSE: MANGALAM) said Prabhakar Zavar as an has been appointed. The company is valued at about ₹46.23 crore.

BCEIE News Desk · Published 2 Nov 2026, 04:25 pm IST · Filing received 2 Nov 2026, 04:10 pm IST

What happened

Mangalam Drugs And Organics (BSE: MANGALAM) informed the stock exchanges on 2 November 2026 at 04:10 PM that Prabhakar Zavar as an has been appointed.

Company snapshot

Mangalam Drugs And Organics is a micro-cap company, with a market value of about ₹46.23 crore.

The stock last traded at ₹29.21, against a 52-week range of ₹22.8–₹67.19 (56.5% below the high).

Before this filing the shares had moved −8.9% over the month and +5.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.1 crore.

Promoters held 35.65% at the end of Q1 FY27. Foreign institutions owned 0.11% and domestic institutions 0.00%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2657-13.8-8.72
Q2 FY26107-21.1-13.36
Q3 FY2658-9.8-6.21
Q4 FY2667-13.4-8.48
Q1 FY2757-7.6-4.83

What history shows

BCEIE's records show 4 previous management change filings from the company since May 2026.

After those filings, the stock fell 0.3% on average the next trading day and was down 0.3% on average after five days (3 filings with price data).

Market-wide, 4,084 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
15 Sept 2026Appointment of Mr. Prabhakar Raghunath Zavar (DIN: 11940187) as Non-…−4.7%−3.6%
12 Aug 2026Change in Auditors of the company.+2.9%−1.2%
6 Aug 2026Intimation Of Resignation Tendered By Ragini Chokshi & Co.,…+1.0%+3.9%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 5 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.