Saurashtra Cement: Pursuant of Reg 30 of SEBI (lodr) reg, and based on the recommendation of the NRC, the BOD of the company ,…
Saurashtra Cement (SAURASHCEM) filed a disclosure titled "Pursuant of Reg 30 of SEBI (lodr) reg, and based on the recommendation of the NRC, the BOD of the company , at its meeting held today, i.e. 12th October 2026, has iter alia…". The company is valued at…
What happened
Saurashtra Cement (SAURASHCEM) filed a disclosure with the exchanges on 12 October 2026 at 07:01 PM titled "Pursuant of Reg 30 of SEBI (lodr) reg, and based on the recommendation of the NRC, the BOD of the company , at its meeting held today, i.e. 12th October 2026, has iter alia…".
Company snapshot
Saurashtra Cement is a micro-cap company, with a market value of about ₹548 crore.
The stock last traded at ₹49.25, against a 52-week range of ₹47.65–₹106.7 (53.8% below the high).
Before this filing the shares had moved −11.2% over the month and −8.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.49 crore.
Promoters held 66.62% at the end of Q1 FY27. Foreign institutions owned 0.08% and domestic institutions 0.12%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 424 | 16.9 | 1.52 |
| Q2 FY26 | 386 | -11 | -0.99 |
| Q3 FY26 | 410 | -10.3 | -0.92 |
| Q4 FY26 | 447 | 18.8 | 1.69 |
| Q1 FY27 | 457 | 9.1 | 0.82 |
What history shows
BCEIE's records show 12 or more previous management change filings from the company since May 2026.
After those filings, the stock fell 6.1% on average the next trading day and was down 8.4% on average after five days (12 filings with price data).
Market-wide, 3,919 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 |
|---|---|---|---|
| 25 Sept 2026 | In continuation of our earlier intimation no.… | −2.9% | −7.8% |
| 23 Sept 2026 | Appointment of Mr M. S. Gilotra as Managing Director of the company… | +3.5% | — |
| 18 Sept 2026 | With reference to our intimation dated 6th August 2026 (Ref:… | +2.5% | +7.3% |
| 24 Aug 2026 | Outcome Of Board Meeting Held Today Under Regulation 30 Of… | +3.8% | −2.3% |
| 24 Aug 2026 | We wish to inform you that the Board of Directors based on the… | +3.8% | −2.3% |
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.