Prajay Engineers Syndicate: Appointment of M/s. R B AssociatesM/s. G P Reddy & Associates as Other of the company w.e.f. April 01, 2026
Prajay Engineers Syndicate (PRAENG) filed a disclosure titled "Appointment of M/s. The company is valued at about ₹152 crore.
What happened
Prajay Engineers Syndicate (PRAENG) filed a disclosure with the exchanges on 1 October 2026 at 05:43 PM titled "Appointment of M/s. R B AssociatesM/s. G P Reddy & Associates as Other of the company w.e.f. April 01, 2026".
From the filing: "Prajay Engineers Syndicate Limited has informed the Exchange regarding Appointment of M/s."
Company snapshot
Prajay Engineers Syndicate is a micro-cap company, with a market value of about ₹152 crore.
The stock last traded at ₹21.76, against a 52-week range of ₹17–₹33.88 (35.8% below the high).
Before this filing the shares had moved +5.5% over the month and +8.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.31 crore.
Promoters held 36.80% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 15 | -3 | -0.46 |
| Q2 FY26 | 9 | -6.5 | -0.93 |
| Q3 FY26 | 8 | -1.1 | -0.15 |
| Q4 FY26 | 7 | -8 | -1.16 |
| Q1 FY27 | 5 | -2.5 | -0.37 |
What history shows
BCEIE's records show 1 previous management change filing from the company since May 2026.
Market-wide, 3,837 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.