Sudarshan Chemical Industries: Appointment of authorized officials to determine Materiality of event of information
Sudarshan Chemical Industries (SUDARSCHEM) filed a disclosure titled "Appointment of authorized officials to determine Materiality of event of information". The company is valued at about ₹8,476 crore.
What happened
Sudarshan Chemical Industries (SUDARSCHEM) filed a disclosure with the exchanges on 6 November 2026 at 02:18 PM titled "Appointment of authorized officials to determine Materiality of event of information".
Company snapshot
Sudarshan Chemical Industries is a small-cap company in the Chemicals sector, with a market value of about ₹8,476 crore.
The stock last traded at ₹1,078, against a 52-week range of ₹726.4–₹1,347 (20.0% below the high).
Before this filing the shares had moved −12.3% over the month and −0.6% over three months. Average daily turnover over the last 20 sessions was about ₹23.15 crore.
Promoters held 8.19% at the end of Q1 FY27. Foreign institutions owned 8.47% and domestic institutions 26.42%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2,507 | 47.2 | 6 |
| Q2 FY26 | 2,387 | 11.7 | 1.5 |
| Q3 FY26 | 2,103 | -115.3 | -14.7 |
| Q4 FY26 | 2,790 | 78.7 | 10 |
| Q1 FY27 | 2,642 | 97.3 | 12.3 |
What history shows
BCEIE's records show 6 previous management change filings from the company since May 2026.
After those filings, the stock fell 2.4% on average the next trading day and was down 5.7% on average after five days (3 filings with price data).
Across 76 similar disclosures by other Chemicals companies, shares moved −0.2% on average the next day and +0.1% over five days; 47% of them rose the next day.
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 21 Sept 2026 | Appointment of Mr Amit Deshpande as General Counsel forming part of… | −1.7% | −4.8% |
| 1 Sept 2026 | Management change | +0.7% | +1.7% |
| 25 May 2026 | Management change | −6.2% | −14.1% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 6 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- SUDARSCHEM Share Price Today - Sudarshan Chemical Industries on NSE/BSE
- Sudarshan Chemical completes sale of VP4 Frankfurt stake for EUR 75.8 million
- Sudarshan Chemical (NSE:SUDARSCHEM): Has the Sale of VP4 Frankfurt GmbH Now Closed?
- Sudarshan Chemical SUDARSCHEM Q2FY27 Analyst Conference Call
- Sudarshan Chemical Industries Ltd: Valuation Shift Signals Price Attractiveness Change
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.