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Management change

Onida Electronics Arvind Sharma as an retires

Onida Electronics (ONIDA) said Arvind Sharma as an has retired. The company is valued at about ₹1,043 crore.

BCEIE News Desk · Published 13 Nov 2026, 07:16 pm IST · Filing received 13 Nov 2026, 07:01 pm IST

What happened

Onida Electronics (ONIDA) told the exchanges on 13 November 2026 at 07:01 PM that Arvind Sharma as an has retired.

Company snapshot

Onida Electronics is a small-cap company, with a market value of about ₹1,043 crore.

The stock last traded at ₹28.22, against a 52-week range of ₹21.5–₹49.23 (42.7% below the high).

Before this filing the shares had moved +3.4% over the month and −21.0% over three months. Average daily turnover over the last 20 sessions was about ₹0.96 crore.

Promoters held 40.50% at the end of Q2 FY27; 28.42% of promoter shares were pledged. Foreign institutions owned 0.19% and domestic institutions 0.08%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY26304-14.3-0.51
Q3 FY26212-13.1-0.36
Q4 FY26144-47.4-1.28
Q1 FY27182-14.2-0.38
Q2 FY27199-39.8-1.05

What history shows

BCEIE's records show 6 previous management change filings from the company since May 2026.

After those filings, the stock fell 3.3% on average the next trading day and was down 7.9% on average after five days (5 filings with price data).

Market-wide, 4,544 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.

Earlier filings of this kind
DateFilingNext day5 days
3 Jul 2026Appointment of Mr. Manish Desai as Chief Financial Officer of the…−3.3%−7.9%
3 Jul 2026Change in Director(s) of the company.−3.3%−7.9%
3 Jul 2026Resignation of Mr. Shirish Suvagia as Executive Director of the…−3.3%−7.9%
3 Jul 2026Change in Director(s) of the company.−3.3%−7.9%
3 Jul 2026Resignation of Mr Shirish Suvagia as Chief Financial Officer of the…−3.3%−7.9%

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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