PC Jeweller Soumil Garg appointed
PC Jeweller (PCJEWELLER) said Soumil Garg has been appointed; and Ramesh Kumar Sharma has resigned; and Ramesh Kumar Sharma are has resigned. The company is valued at about ₹13,129 crore.
What happened
In a filing with the BSE on 30 September 2026 at 05:39 PM, PC Jeweller (PCJEWELLER) said that Soumil Garg has been appointed; and Ramesh Kumar Sharma has resigned; and Ramesh Kumar Sharma are has resigned.
From the filing: "Appointment of Shri Soumil Garg (DIN: 10280363), S/o Shri Balram Garg (Promoter & Managing Director) as an Additional Director of the Company with effect from October 01, 2026, upon recommendation of Nomination and Remuneration Committee."
Company snapshot
PC Jeweller is a small-cap company in the Consumer Durables sector, with a market value of about ₹13,129 crore.
The stock last traded at ₹13.52, against a 52-week range of ₹7.47–₹14.86 (9.0% below the high).
Before this filing the shares had moved +23.6% over the month and +54.0% over three months. Average daily turnover over the last 20 sessions was about ₹767 crore.
Promoters held 38.49% at the end of Q1 FY27. Foreign institutions owned 12.15% and domestic institutions 4.32%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 725 | 161.9 | 0.25 |
| Q2 FY26 | 825 | 209.5 | 0.3 |
| Q3 FY26 | 875 | 190.1 | 0.26 |
| Q4 FY26 | 927 | 152.9 | 0.2 |
| Q1 FY27 | 877 | 222.2 | 0.23 |
What history shows
BCEIE's records show 2 previous management change filings from the company since May 2026.
Across 74 similar disclosures by other Consumer Durables companies, shares moved +0.6% on average the next day and +0.9% over five days; 45% of them rose the next day.
Market-wide, 3,833 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):
- Where Will PC Jeweller Share Price be in the Next 5 Years?
- PC Jeweller achieves debt-free status, clears dues of all 14 consortium banks; shares jump 29% in a month
- PC Jeweller Success Story: Founder Balram Garg’s Business Empire Explained
- PC Jeweller stock jumps 4% on debt-free status, rallies 32% in Sept so far
- PC Jeweller Becomes Debt-Free After Clearing ₹3,000 Crore Consortium Dues
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.