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Management change

Om Power Transmission Chetan Modi as Chief resigns

Om Power Transmission (OMPOWER) said Chetan Modi as Chief has resigned. The company is valued at about ₹431 crore.

BCEIE News Desk · Published 2 Nov 2026, 08:03 pm IST · Filing received 2 Nov 2026, 07:47 pm IST

What happened

In a filing with the NSE on 2 November 2026 at 07:47 PM, Om Power Transmission (OMPOWER) said that Chetan Modi as Chief has resigned.

From the filing: "Om Power Transmission Limited has informed the Exchange regarding Resignation of Mr Chetan Modi as Chief Financial Officer of the company w.e.f."

Company snapshot

Om Power Transmission is a micro-cap company, with a market value of about ₹431 crore.

The stock last traded at ₹125.7, against a 52-week range of ₹117.5–₹206 (39.0% below the high).

Before this filing the shares had moved −23.0% over the month and −21.0% over three months. Average daily turnover over the last 20 sessions was about ₹3.24 crore.

Promoters held 69.05% at the end of Q2 FY27. Foreign institutions owned 3.34% and domestic institutions 1.44%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q4 FY2617516.76.46
Q1 FY2712210.53.18
Q2 FY2712813.84.04

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

Market-wide, 4,129 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.

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.

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