Salasar Techno Engineering: Announcement u/r 30 of SEBI (LODR) Regulations, 2018 w.r.t. change in management of the Company
Salasar Techno Engineering (SALASAR) filed a disclosure titled "Announcement u/r 30 of SEBI (LODR) Regulations, 2018 w.r.t. change in management of the Company". The company is valued at about ₹811 crore.
What happened
Salasar Techno Engineering (SALASAR) filed a disclosure with the exchanges on 14 November 2026 at 04:46 PM titled "Announcement u/r 30 of SEBI (LODR) Regulations, 2018 w.r.t. change in management of the Company".
Company snapshot
Salasar Techno Engineering is a micro-cap company, with a market value of about ₹811 crore.
The stock last traded at ₹4.64, against a 52-week range of ₹3.6–₹10.93 (57.5% below the high).
Before this filing the shares had moved +8.9% over the month and −22.1% over three months. Average daily turnover over the last 20 sessions was about ₹1.68 crore.
Promoters held 44.50% at the end of Q1 FY27, down 2.74% points from the previous quarter; 5.14% of promoter shares were pledged. Foreign institutions owned 5.90% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 300 | 8.5 | 0.05 |
| Q2 FY26 | 427 | 15.8 | 0.09 |
| Q3 FY26 | 331 | 5.4 | 0.04 |
| Q4 FY26 | 445 | -12.5 | -0.08 |
| Q1 FY27 | 296 | 5 | 0.03 |
What history shows
This is not the company's first management change disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 2.4% on average the next trading day and was down 3.5% on average after five days (2 filings with price data).
Market-wide, 4,556 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 5 Sept 2026 | Change in Management | −1.2% | −2.9% |
| 29 May 2026 | Change in Auditors of the company. | −3.7% | −4.2% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 14 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.