Redington: Appointment of Independent Director
Redington (REDINGTON) filed a disclosure titled "Appointment of Independent Director". The company is valued at about ₹26,209 crore.
What happened
Redington (REDINGTON) filed a disclosure with the exchanges on 4 November 2026 at 02:33 PM titled "Appointment of Independent Director".
Company snapshot
Redington is a small-cap company in the Services sector, with a market value of about ₹26,209 crore.
The stock last traded at ₹335.3, against a 52-week range of ₹191.3–₹419.5 (20.1% below the high).
Before this filing the shares had moved −15.8% over the month and −4.1% over three months. Average daily turnover over the last 20 sessions was about ₹136 crore.
Promoters held 0.00% at the end of Q1 FY27. Foreign institutions owned 61.96% and domestic institutions 16.37%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 25,952 | 275.3 | 3.52 |
| Q2 FY26 | 29,076 | 387.8 | 4.96 |
| Q3 FY26 | 30,922 | 435.8 | 5.57 |
| Q4 FY26 | 33,213 | 391.3 | 5.01 |
| Q1 FY27 | 34,922 | 486 | 6.22 |
What history shows
BCEIE's records show 2 previous management change filings from the company since May 2026.
After those filings, the stock gained 6.7% on average the next trading day and was up 10.3% on average after five days (2 filings with price data).
Across 97 similar disclosures by other Services companies, shares moved 0.0% on average the next day and −0.3% over five days; 48% of them rose the next day.
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 |
|---|---|---|---|
| 29 Jul 2026 | Contact Details Of Key Managerial Personnel Of The Company | +11.9% | +22.0% |
| 22 Jun 2026 | Appointment of Mr Ajay Rotti as Non- Executive Independent Director… | +1.4% | −1.3% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 4 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- REDINGTON Share Price Today - Redington on NSE/BSE
- Redington shares fall 2.4% as iPhone sales face festive-season slowdown
- Redington (India) Limited (REDINGTON.BO) Seasonal returns chart
- Redington shares climb 3% ahead of iPhone Duo launch on October 23; check details
- Senses Electronics Joins Redington’s Portfolio, Bringing SenseTeam, India’s First Interactive Panel with QLED Technology, to Corporate Meeting Rooms
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.