Sharda Motor Industries: Appointment of P. Kaniaapan as Non- Executive Independent Director of the company w.e.f. November 12, 2026
Sharda Motor Industries (SHARDAMOTR) filed a disclosure titled "Appointment of P. The company is valued at about ₹5,094 crore.
What happened
Sharda Motor Industries (SHARDAMOTR) filed a disclosure with the exchanges on 12 November 2026 at 07:55 PM titled "Appointment of P. Kaniaapan as Non- Executive Independent Director of the company w.e.f. November 12, 2026".
From the filing: "Sharda Motor Industries Limited has informed the Exchange regarding Appointment of P."
Company snapshot
Sharda Motor Industries is a small-cap company, with a market value of about ₹5,094 crore.
The stock last traded at ₹887.3, against a 52-week range of ₹700–₹1,071.9 (17.2% below the high).
Before this filing the shares had moved +1.7% over the month and −7.2% over three months. Average daily turnover over the last 20 sessions was about ₹2.72 crore.
Promoters held 64.31% at the end of Q1 FY27. Foreign institutions owned 1.73% and domestic institutions 11.98%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 756 | 99.9 | 34.82 |
| Q2 FY26 | 787 | 74.7 | 13.01 |
| Q3 FY26 | 882 | 81.4 | 14.17 |
| Q4 FY26 | 972 | 89.5 | 15.58 |
| Q1 FY27 | 1,011 | 86.5 | 15.07 |
What history shows
BCEIE's records show 1 previous management change filing from the company since May 2026.
Market-wide, 4,544 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.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 12 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Sharda Motor Industries Limited (SHARDAMOTR.NS) Seasonal returns chart
- Sharda Motor Industries Q2FY27 Conference Call Scheduled
- Sharda Motor Industries Limited (SHARDAMOTR.NS) Seasonal Returns Chart - Yahoo Finance
- Sharda Motor Industries reports Q2 and H1 FY27 results with new director appointment
- Sharda Motor Industries approves unaudited Q2 FY27 results and appoints new director
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.