SML Mahindra Chief Financial Officer Manaswini Goel appointed
SML Mahindra (SMLMAH) said Manaswini Goel, Chief Financial Officer, has been appointed; and Manaswini Goel as has been appointed; and Surender Kalra as has been appointed; and Ashudeep Saddi as Chief has been appointed. The company is valued at about ₹8,410…
What happened
SML Mahindra (SMLMAH) told the exchanges on 12 October 2026 at 04:49 PM that Manaswini Goel, Chief Financial Officer, has been appointed; and Manaswini Goel as has been appointed; and Surender Kalra as has been appointed; and Ashudeep Saddi as Chief has been appointed.
From the filing: "Further, the Board of Directors of the Company , basis t he recommendation of the Nomination and Remuneration Committee, also considered and approved the appointment of Mr."
Company snapshot
SML Mahindra is a small-cap company in the Capital Goods sector, with a market value of about ₹8,410 crore.
The stock last traded at ₹5,811.5, against a 52-week range of ₹2,719–₹6,898.5 (15.8% below the high).
Before this filing the shares had moved −7.4% over the month and +42.2% over three months. Average daily turnover over the last 20 sessions was about ₹30.69 crore.
Promoters held 58.97% at the end of Q1 FY27. Foreign institutions owned 1.24% and domestic institutions 2.43%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 846 | 67 | 46.27 |
| Q2 FY26 | 555 | 21.1 | 14.55 |
| Q3 FY26 | 539 | 17.5 | 12.11 |
| Q4 FY26 | 898 | 54.2 | 37.46 |
| Q1 FY27 | 958 | 63.6 | 43.96 |
What history shows
This is not the company's first management change disclosure: BCEIE has 7 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 1.4% on average the next trading day and was up 3.5% on average after five days (7 filings with price data).
Across 219 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.5% over five days; 51% of them rose the next day.
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 |
|---|---|---|---|
| 30 Jun 2026 | Management change | −2.2% | −5.4% |
| 30 Jun 2026 | Management change | −1.7% | −4.7% |
| 13 Jun 2026 | Resignation of Director/KMP/SMP | +1.4% | +5.6% |
| 10 Jun 2026 | Management change | +3.1% | +7.2% |
| 10 Jun 2026 | Management change | +3.1% | +7.2% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 19 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- SML Mahindra Reports September Production of 1,257 Units, Sales of 1,071 Units, Exports 53
- SML Mahindra September sales rise 32% despite sharp fall in exports - CNBC TV18
- SML Mahindra September sales rise 18% to 1,124 units, cargo sales jump 39%
- SML Isuzu Share Price - Live NSE: SMLMAH Stock Price & Chart
- If EPS Growth Is Important To You, SML Mahindra (NSE:SMLMAH) Presents An Opportunity
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.