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Management change

Manika Plastech: Intimation of Appointment of Investor Relations (IR) Agency'

Manika Plastech (MANIKA) filed a disclosure titled "Intimation of Appointment of Investor Relations (IR) Agency'". The company is valued at about ₹538 crore.

BCEIE News Desk · Published 30 Oct 2026, 02:55 pm IST · Filing received 30 Oct 2026, 02:40 pm IST

What happened

Manika Plastech (MANIKA) filed a disclosure with the exchanges on 30 October 2026 at 02:40 PM titled "Intimation of Appointment of Investor Relations (IR) Agency'".

Company snapshot

Manika Plastech is a micro-cap company, with a market value of about ₹538 crore.

The stock last traded at ₹46.14, against a 52-week range of ₹39.71–₹61.25 (24.7% below the high).

Before this filing the shares had moved +15.4% over the month. Average daily turnover over the last 20 sessions was about ₹13.48 crore.

Promoters held 74.95% at the end of Q2 FY27. Foreign institutions owned 1.50% and domestic institutions 9.98%.

What history shows

This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Market-wide, 4,059 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.

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 4 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.