Menon Pistons Digambar Tukaram Shirke appointed
Menon Pistons (MENNPIS) said Digambar Tukaram Shirke has been appointed. The company is valued at about ₹322 crore.
What happened
In a filing with the BSE on 31 October 2026 at 01:34 PM, Menon Pistons (MENNPIS) said that Digambar Tukaram Shirke has been appointed.
Company snapshot
Menon Pistons is a micro-cap company, with a market value of about ₹322 crore.
The stock last traded at ₹63.06, against a 52-week range of ₹52.35–₹85.8 (26.5% below the high).
Before this filing the shares had moved −12.5% over the month and −14.6% over three months. Average daily turnover over the last 20 sessions was about ₹0.09 crore.
Promoters held 74.37% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 65 | 5.2 | 1.02 |
| Q2 FY26 | 59 | 4.6 | 0.89 |
| Q3 FY26 | 60 | 4 | 0.77 |
| Q4 FY26 | 60 | 3.9 | 0.77 |
| Q1 FY27 | 66 | 5.3 | 1.04 |
What history shows
This is not the company's first management change disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 3.1% on average the next trading day and was up 11.5% on average after five days (3 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 Jun 2026 | Management change | −0.2% | +22.1% |
| 18 Jun 2026 | Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E.… | −0.2% | +22.1% |
| 28 May 2026 | Management change | −9.0% | −9.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
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.