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Management change

Sai Parenterals Company Secretary and Compliance Officer Shivali Aggarwal resigns

Sai Parenterals (SAIPARENT) said Shivali Aggarwal, Company Secretary and Compliance Officer, has resigned; and Shivali Aggarwal from has resigned; and Ashwani Singh Bisht has been appointed; and Arvind Gannimitta as has been appointed. The company is valued…

BCEIE News Desk · Published 30 Sept 2026, 12:21 pm IST · Filing received 30 Sept 2026, 12:05 pm IST

What happened

Sai Parenterals (SAIPARENT) told the exchanges on 30 September 2026 at 12:05 PM that Shivali Aggarwal, Company Secretary and Compliance Officer, has resigned; and Shivali Aggarwal from has resigned; and Ashwani Singh Bisht has been appointed; and Arvind Gannimitta as has been appointed.

From the filing: "Shivali Aggarwal as Company Secretary & Compliance Officer of the Company. (Details attached as Annexure A) (Resignation Letter enclosed) With reference to the outcome of the Board Meeting dated 11 th August, 2026, submitted to the Stock Exchanges, regarding the resignation of Ms."

Company snapshot

Sai Parenterals is a small-cap company, with a market value of about ₹2,253 crore.

The stock last traded at ₹510, against a 52-week range of ₹400–₹706 (27.8% below the high).

Before this filing the shares had moved −2.2% over the month and −16.7% over three months. Average daily turnover over the last 20 sessions was about ₹2.76 crore.

Promoters held 51.16% at the end of Q1 FY27. Foreign institutions owned 4.03% and domestic institutions 8.53%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q3 FY2696-6.7-2.22
Q4 FY2619813.24.02
Q1 FY27179—1.79

What history shows

BCEIE's records show 3 previous management change filings from the company since May 2026.

After those filings, the stock fell 2.5% on average the next trading day and was down 5.5% on average after five days (2 filings with price data).

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.

Earlier filings of this kind
DateFilingNext day5 days
11 Aug 2026Management change−1.8%−5.8%
6 Jul 2026Management change−3.2%−5.2%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.