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Management change

S H Kelkar and Company Deepak Raj Bindra appointed

S H Kelkar and Company (SHK) said Deepak Raj Bindra has been appointed; and Vasant Gujarathi has been appointed; and Neela Bhattacherjee has been appointed; and Sumedha Karmarkar has been appointed. The company is valued at about ₹1,735 crore.

BCEIE News Desk · Published 2 Nov 2026, 08:03 pm IST · Filing received 2 Nov 2026, 07:46 pm IST

What happened

In a filing with the BSE on 2 November 2026 at 07:46 PM, S H Kelkar and Company (SHK) said that Deepak Raj Bindra has been appointed; and Vasant Gujarathi has been appointed; and Neela Bhattacherjee has been appointed; and Sumedha Karmarkar has been appointed.

From the filing: "Deepak Raj Bindra (DIN: 06835196) as an Independent Director to hold office for second term of 5 (Five) consecutive years from December 15, 2026 to December 14, 2031; b) Re-appointment of Mr."

Company snapshot

S H Kelkar and Company is a small-cap company, with a market value of about ₹1,735 crore.

The stock last traded at ₹125.3, against a 52-week range of ₹112–₹227.4 (44.9% below the high).

Before this filing the shares had moved −10.7% over the month and −23.9% over three months. Average daily turnover over the last 20 sessions was about ₹3.22 crore.

Promoters held 54.87% at the end of Q2 FY27; 8.29% of promoter shares were pledged. Foreign institutions owned 5.28% and domestic institutions 6.35%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2658125.61.85
Q2 FY265549.20.66
Q3 FY2658432.72.36
Q4 FY266501.90.13
Q1 FY2766245.43.28

What history shows

BCEIE's records show 6 previous management change filings from the company since May 2026.

After those filings, the stock fell 0.4% on average the next trading day and was up 0.5% on average after five days (6 filings with price data).

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.

Earlier filings of this kind
DateFilingNext day5 days
30 Sept 2026Resignation of Director/KMP/SMP−1.8%—
30 Sept 2026Appointment of Rajeev Mishra as Other of the company w.e.f. October…−1.8%—
15 Sept 2026A press release dated September 15, 2026, titled "Intimation of Sad…+2.0%+6.3%
15 Sept 2026Intimation of Sad Demise of Mr. Ramesh Vaze (DIN: 00509751),…+2.0%+6.3%
19 Aug 2026Appointment of Mr. Ranjeet Agrawal as Executive Vice President -…−1.6%−5.4%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 2 November 2026: Board meeting — Financial Results.

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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