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Management change

Silver Touch Technologies Piyushkumar Mithileshkumar Sinha resigns

Silver Touch Technologies (SILVERTUC) said Piyushkumar Mithileshkumar Sinha has resigned. The company is valued at about ₹1,492 crore.

BCEIE News Desk · Published 2 Nov 2026, 05:13 pm IST · Filing received 2 Nov 2026, 04:57 pm IST

What happened

In a filing with the NSE on 2 November 2026 at 04:57 PM, Silver Touch Technologies (SILVERTUC) said that Piyushkumar Mithileshkumar Sinha has resigned.

From the filing: "Silver Touch Technologies Limited has informed the Exchange regarding Resignation of Mr Piyushkumar Mithileshkumar Sinha as Non- Executive Independent Director of the company w.e.f."

Company snapshot

Silver Touch Technologies is a small-cap company, with a market value of about ₹1,492 crore.

The stock last traded at ₹117.6, against a 52-week range of ₹100.5–₹1,117.5 (89.5% below the high).

Before this filing the shares had moved −16.3% over the month and −41.7% over three months. Average daily turnover over the last 20 sessions was about ₹3.97 crore.

Promoters held 74.71% at the end of Q2 FY27, up 0.05% points from the previous quarter; 4.07% of promoter shares were pledged. Foreign institutions owned 0.26% and domestic institutions 0.00%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY26847.55.89
Q3 FY2696118.69
Q4 FY2610013.21.04
Q1 FY2777-1.31.58
Q2 FY27100131.03

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 4.5% on average the next trading day and was down 5.3% on average after five days (2 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
30 Jul 2026Update On Determining Of Materiality Event With The Exchange.−4.6%−5.3%
30 Jul 2026Management change−4.6%−5.3%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 4 November 2026: Interim Dividend - Re 0.10 Per Share.

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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