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Management change

Sterling Tools Anish Agarwal as Chief resigns

Sterling Tools (NSE: STERTOOLS) said Anish Agarwal as Chief has resigned. The company is valued at about ₹730 crore.

BCEIE News Desk · Published 27 Oct 2026, 01:25 pm IST · Filing received 27 Oct 2026, 01:09 pm IST

What happened

Sterling Tools (NSE: STERTOOLS) informed the stock exchanges on 27 October 2026 at 01:09 PM that Anish Agarwal as Chief has resigned.

From the filing: "Sterling Tools Limited has informed the Exchange regarding Resignation of Mr."

Company snapshot

Sterling Tools is a micro-cap company, with a market value of about ₹730 crore.

The stock last traded at ₹201, against a 52-week range of ₹155–₹321 (37.4% below the high).

Before this filing the shares had moved −9.9% over the month and −17.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.87 crore.

Promoters held 64.86% at the end of Q1 FY27. Foreign institutions owned 0.09% and domestic institutions 0.09%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2619292.48
Q2 FY2620817.24.75
Q3 FY262061.60.43
Q4 FY262221.60.44
Q1 FY272145.91.61

What history shows

BCEIE's records show 1 previous management change filing from the company since May 2026.

Market-wide, 4,000 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.

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 27 October 2026: Board meeting — Financial Results/Other business matters.

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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