Mstc CTO Bhanu Kumar steps down
Mstc (MSTCLTD) said Bhanu Kumar, CTO, has ceased. The company is valued at about ₹4,027 crore.
What happened
Mstc (MSTCLTD) told the exchanges on 31 October 2026 at 06:11 PM that Bhanu Kumar, CTO, has ceased.
Company snapshot
Mstc is a small-cap company in the Services sector, with a market value of about ₹4,027 crore.
The stock last traded at ₹572, against a 52-week range of ₹362.2–₹805 (28.9% below the high).
Before this filing the shares had moved −19.5% over the month and −5.4% over three months. Average daily turnover over the last 20 sessions was about ₹14.09 crore.
Promoters held 64.75% at the end of Q1 FY27. Foreign institutions owned 4.92% and domestic institutions 1.28%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 77 | 42.3 | 6.01 |
| Q2 FY26 | 85 | 47.5 | 6.75 |
| Q3 FY26 | 88 | 51.4 | 7.3 |
| Q4 FY26 | 119 | 77.2 | 10.97 |
| Q1 FY27 | 94 | 58.2 | 8.27 |
What history shows
BCEIE's records show 7 previous management change filings from the company since May 2026.
After those filings, the stock fell 1.7% on average the next trading day and was up 3.3% on average after five days (6 filings with price data).
Across 88 similar disclosures by other Services companies, shares moved +0.2% on average the next day and −0.3% over five days; 49% of them rose the next day.
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 |
|---|---|---|---|
| 10 Sept 2026 | Appointment of M/s. Mookherjee Biswas & Pathak as Statutory Auditors… | +0.1% | −1.8% |
| 10 Aug 2026 | Change in Director(s) of the company. | +1.1% | +20.5% |
| 6 Aug 2026 | Intimation of Cessation/ Appointment of Government Nominee Directors | −3.8% | +3.0% |
| 24 Jul 2026 | Management change | +0.8% | +3.4% |
| 24 Jul 2026 | Management change | +0.8% | +3.4% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 12 November 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.