Onida Electronics Rajan Vaidya as an appointed
Onida Electronics (ONIDA) said Rajan Vaidya as an has been appointed. The company is valued at about ₹974 crore.
What happened
In a filing with the NSE on 3 November 2026 at 09:56 PM, Onida Electronics (ONIDA) said that Rajan Vaidya as an has been appointed.
From the filing: "Onida Electronics Limited has informed the Exchange regarding Appointment of Mr."
Company snapshot
Onida Electronics is a micro-cap company, with a market value of about ₹974 crore.
The stock last traded at ₹26.38, against a 52-week range of ₹21.5–₹49.23 (46.4% below the high).
Before this filing the shares had moved −16.8% over the month and −33.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.99 crore.
Promoters held 40.51% at the end of Q1 FY27; 28.42% of promoter shares were pledged. Foreign institutions owned 0.04% and domestic institutions 0.08%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 141 | -12.5 | -0.54 |
| Q2 FY26 | 304 | -14.3 | -0.51 |
| Q3 FY26 | 212 | -13.1 | -0.36 |
| Q4 FY26 | 144 | -47.4 | -1.28 |
| Q1 FY27 | 182 | -14.2 | -0.38 |
What history shows
This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record 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, 4,237 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 |
|---|---|---|---|
| 3 Jul 2026 | Appointment of Mr. Manish Desai as Chief Financial Officer of the… | −3.3% | −7.9% |
| 3 Jul 2026 | Change in Director(s) of the company. | −3.3% | −7.9% |
| 3 Jul 2026 | Resignation of Mr. Shirish Suvagia as Executive Director of the… | −3.3% | −7.9% |
| 3 Jul 2026 | Change in Director(s) of the company. | −3.3% | −7.9% |
| 3 Jul 2026 | Resignation 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.
- 3 November 2026: Board meeting — Financial Results.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.