Southern Petrochemicals Industries Corporation Executive Director D Karthikeyan appointed
Southern Petrochemicals Industries Corporation (SPIC) said D Karthikeyan, Executive Director, has been appointed. The company is valued at about ₹1,205 crore.
What happened
In a filing with the NSE on 4 November 2026 at 07:05 PM, Southern Petrochemicals Industries Corporation (SPIC) said that D Karthikeyan, Executive Director, has been appointed.
Company snapshot
Southern Petrochemicals Industries Corporation is a small-cap company, with a market value of about ₹1,205 crore.
The stock last traded at ₹59.16, against a 52-week range of ₹53.83–₹93.88 (37.0% below the high).
Before this filing the shares had moved −7.5% over the month and −15.5% over three months. Average daily turnover over the last 20 sessions was about ₹1.48 crore.
Promoters held 53.38% at the end of Q1 FY27. Foreign institutions owned 4.80% and domestic institutions 0.14%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 781 | 66.7 | 3.28 |
| Q2 FY26 | 817 | 61.2 | 3.01 |
| Q3 FY26 | 774 | 54.1 | 2.66 |
| Q4 FY26 | 584 | 29.5 | 1.45 |
| Q1 FY27 | 849 | 60.2 | 2.96 |
What history shows
BCEIE's records show 10 previous management change filings from the company since May 2026.
After those filings, the stock fell 0.5% on average the next trading day and was up 0.5% on average after five days (10 filings with price data).
Market-wide, 4,237 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 |
|---|---|---|---|
| 14 Aug 2026 | Appointment of Mr Sanket Balvantrao Waghe, IAS as Non- Executive… | −1.4% | +2.4% |
| 14 Aug 2026 | Change in Director(s) of the company. | −1.4% | +2.4% |
| 10 Aug 2026 | Resignation of Director/KMP/SMP | −0.9% | −1.5% |
| 10 Aug 2026 | Resignation of Ms Sweta Suman IAS as Non- Executive Director of the… | −0.9% | −1.5% |
| 10 Aug 2026 | Cessation of Ms Sweta Suman IAS as Non- Executive Director of the… | −0.9% | −1.5% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 4 November 2026: Board meeting — Financial Results.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.