Saraswati Commercial India Kiran Mhalim as appointed
Saraswati Commercial India (ZSARACOM) said Kiran Mhalim as has been appointed. The company is valued at about ₹1,037 crore.
What happened
Saraswati Commercial India (ZSARACOM) told the exchanges on 5 November 2026 at 04:58 PM that Kiran Mhalim as has been appointed.
Company snapshot
Saraswati Commercial India is a small-cap company, with a market value of about ₹1,037 crore.
The stock last traded at ₹9,466.5, against a 52-week range of ₹8,750–₹14,400 (34.3% below the high).
Before this filing the shares had moved −5.5% over the month and −22.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.02 crore.
Promoters held 74.88% at the end of Q1 FY27. Foreign institutions owned 0.00% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q4 FY18 | -12 | -1.3 | -13.63 |
| Q1 FY19 | 2 | 1.5 | 15.2 |
| Q2 FY19 | 3 | 2.6 | 26.17 |
| Q3 FY19 | 2 | 1.5 | 15.05 |
| Q4 FY19 | 2 | 1 | 10.18 |
What history shows
BCEIE's records show 6 previous management change filings from the company since May 2026.
After those filings, the stock fell 3.8% on average the next trading day and was down 9.3% on average after five days (5 filings with price data).
Market-wide, 4,282 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 |
|---|---|---|---|
| 24 Sept 2026 | Re-appointment of Mr. Vallabh Prasad Biyani (DIN: 00043358) as a Non… | +0.6% | — |
| 26 May 2026 | Management change | −4.9% | −9.3% |
| 26 May 2026 | Management change | −4.9% | −9.3% |
| 26 May 2026 | Management change | −4.9% | −9.3% |
| 26 May 2026 | Management change | −4.9% | −9.3% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
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.