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Management change

Sanghvi Movers Aditya Bhartia as an appointed

Sanghvi Movers (SANGHVIMOV) said Aditya Bhartia as an has been appointed. The company is valued at about ₹2,890 crore.

BCEIE News Desk · Published 2 Nov 2026, 02:47 pm IST · Filing received 2 Nov 2026, 02:30 pm IST

What happened

In a filing with the BSE on 2 November 2026 at 02:30 PM, Sanghvi Movers (SANGHVIMOV) said that Aditya Bhartia as an has been appointed.

Company snapshot

Sanghvi Movers is a small-cap company, with a market value of about ₹2,890 crore.

The stock last traded at ₹333.9, against a 52-week range of ₹223.8–₹528 (36.8% below the high).

Before this filing the shares had moved −19.5% over the month and −16.3% over three months. Average daily turnover over the last 20 sessions was about ₹18.29 crore.

Promoters held 47.25% at the end of Q1 FY27. Foreign institutions owned 1.81% and domestic institutions 1.40%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2627350.35.8
Q2 FY2621036.34.19
Q3 FY2623628.53.35
Q4 FY2635168.87.95
Q1 FY2738065.37.54

What history shows

This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 0.3% on average the next trading day and was down 6.8% on average after five days (5 filings with price data).

Market-wide, 4,084 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
8 Sept 2026Resignation of Mr Amitabha Mukhopadhyay as Non-Executive Independent…−1.6%−7.5%
7 Sept 2026Resignation of Director/KMP/SMP+1.0%−8.5%
7 Sept 2026Resignation of Director/KMP/SMP+1.0%−8.5%
7 Sept 2026Management change+1.0%−8.5%
26 Aug 2026Management change−3.0%−1.3%

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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