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Management change

Paradeep Phosphates Raj Kumar Agrawal appointed

Paradeep Phosphates (BSE: PARADEEP) said Raj Kumar Agrawal has been appointed. The company is valued at about ₹14,718 crore.

BCEIE News Desk · Published 13 Oct 2026, 06:32 pm IST · Filing received 13 Oct 2026, 06:14 pm IST

What happened

Paradeep Phosphates (BSE: PARADEEP) informed the stock exchanges on 13 October 2026 at 06:14 PM that Raj Kumar Agrawal has been appointed.

From the filing: "Board of Directors of the Company by a resolution passed today, has approved the appointment of Mr."

Company snapshot

Paradeep Phosphates is a small-cap company in the Chemicals sector, with a market value of about ₹14,718 crore.

The stock last traded at ₹141.8, against a 52-week range of ₹99.7–₹181.9 (22.0% below the high).

Before this filing the shares had moved −7.1% over the month and +2.4% over three months. Average daily turnover over the last 20 sessions was about ₹25.3 crore.

Promoters held 57.86% at the end of Q1 FY27, up 0.06% points from the previous quarter; 15.33% of promoter shares were pledged. Foreign institutions owned 5.10% and domestic institutions 18.08%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY263,754255.93.14
Q2 FY266,872341.93.3
Q3 FY265,749182.11.75
Q4 FY264,702155.61.5
Q1 FY276,124392.53.78

What history shows

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

Across 70 similar disclosures by other Chemicals companies, shares moved −0.3% on average the next day and +0.2% over five days; 46% of them rose the next day.

Market-wide, 3,928 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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