Spacenet Enterprises India Krishna Veni Ambala appointed
Spacenet Enterprises India (SPCENET) said Krishna Veni Ambala has been appointed. The company is valued at about ₹220 crore.
What happened
In a filing with the NSE on 13 November 2026 at 05:25 PM, Spacenet Enterprises India (SPCENET) said that Krishna Veni Ambala has been appointed.
From the filing: "Spacenet Enterprises India Limited has informed the Exchange regarding Appointment of Mrs."
Company snapshot
Spacenet Enterprises India is a micro-cap company, with a market value of about ₹220 crore.
The stock last traded at ₹3.87, against a 52-week range of ₹3–₹9.21 (58.0% below the high).
Before this filing the shares had moved +18.7% over the month and +1.3% over three months. Average daily turnover over the last 20 sessions was about ₹0.24 crore.
Promoters held 15.52% at the end of Q1 FY27. Foreign institutions owned 1.65% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 53 | 3.8 | 0 |
| Q2 FY26 | 48 | 4.8 | 0.08 |
| Q3 FY26 | 48 | 2.8 | 0.05 |
| Q4 FY26 | 45 | 4.7 | 0 |
| Q1 FY27 | 49 | 12.8 | 0.23 |
What history shows
BCEIE's records show 2 previous management change filings from the company since May 2026.
After those filings, the stock fell 1.1% on average the next trading day and was down 5.2% on average after five days (2 filings with price data).
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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 14 Aug 2026 | Appointment of Mr. Srikanth Tatipaka as Non- Executive Director of… | −4.7% | −6.1% |
| 1 Jun 2026 | Resignation of Dr. S. Ravi as Non- Executive Director of the company… | +2.6% | −4.3% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 13 November 2026: Board meeting — Financial Results.
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.