Mangalam Organics Vaibhav Gandhi as appointed
Mangalam Organics (BSE: MANORG) said Vaibhav Gandhi as has been appointed. The company is valued at about ₹388 crore.
What happened
Mangalam Organics (BSE: MANORG) informed the stock exchanges on 14 November 2026 at 05:15 PM that Vaibhav Gandhi as has been appointed.
From the filing: "The Board at its meeting held today has considered and approved the appointment of Mr."
Company snapshot
Mangalam Organics is a micro-cap company, with a market value of about ₹388 crore.
The stock last traded at ₹452.7, against a 52-week range of ₹356.3–₹635 (28.7% below the high).
Before this filing the shares had moved +5.7% over the month and +0.6% over three months. Average daily turnover over the last 20 sessions was about ₹0.3 crore.
Promoters held 58.65% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 147 | 12.2 | 14.28 |
| Q2 FY26 | 158 | 3.2 | 3.73 |
| Q3 FY26 | 164 | 4.3 | 5.07 |
| Q4 FY26 | 154 | 6 | 6.56 |
| Q1 FY27 | 179 | 7.3 | 8.49 |
What history shows
BCEIE's records show 7 previous management change filings from the company since May 2026.
After those filings, the stock fell 2.5% on average the next trading day and was down 6.6% on average after five days (3 filings with price data).
Market-wide, 4,556 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 |
|---|---|---|---|
| 23 Sept 2026 | Demise of Mr Sidharath Singh Sekhon, Non- Executive Independent… | +0.2% | −4.7% |
| 28 Jul 2026 | Management change | −9.7% | −16.5% |
| 3 Jul 2026 | Management change | +2.0% | +1.3% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 14 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.