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Management change

Praveg: Changes in the Key Managerial Personnel of the company to authorised

Praveg (PRAVEG) filed a disclosure titled "Changes in the Key Managerial Personnel of the company to authorised". The company is valued at about ₹541 crore.

BCEIE News Desk · Published 3 Nov 2026, 05:29 pm IST · Filing received 3 Nov 2026, 05:14 pm IST

What happened

Praveg (PRAVEG) filed a disclosure with the exchanges on 3 November 2026 at 05:14 PM titled "Changes in the Key Managerial Personnel of the company to authorised".

Company snapshot

Praveg is a micro-cap company, with a market value of about ₹541 crore.

The stock last traded at ₹207.1, against a 52-week range of ₹202.5–₹325 (36.3% below the high).

Before this filing the shares had moved −13.2% over the month and −28.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.96 crore.

Promoters held 46.18% at the end of Q1 FY27, up 0.12% points from the previous quarter. Foreign institutions owned 1.83% and domestic institutions 3.79%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2629-6.6-2.51
Q2 FY2626-10.1-3.88
Q3 FY26748.53.25
Q4 FY2654-3.9-1.49
Q1 FY2730-13.3-5.09

What history shows

This is not the company's first management change disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.

Market-wide, 4,129 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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