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Management change

Supreme Infrastructure India: The intimation regarding the sad demise of Shri. Bhawani Shankar Sharma Ji, Founder & Chairman of the Company

Supreme Infrastructure India (SUPREMEINF) filed a disclosure titled "The intimation regarding the sad demise of Shri. Bhawani Shankar Sharma Ji, Founder & Chairman of the Company". The company is valued at about ₹483 crore.

BCEIE News Desk · Published 9 Oct 2026, 06:22 pm IST · Filing received 9 Oct 2026, 06:03 pm IST

What happened

Supreme Infrastructure India (SUPREMEINF) filed a disclosure with the exchanges on 9 October 2026 at 06:03 PM titled "The intimation regarding the sad demise of Shri. Bhawani Shankar Sharma Ji, Founder & Chairman of the Company".

Company snapshot

Supreme Infrastructure India is a micro-cap company, with a market value of about ₹483 crore.

The stock last traded at ₹49.92, against a 52-week range of ₹49.21–₹110.9 (55.0% below the high).

Before this filing the shares had moved −41.8% over the month and −40.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.72 crore.

Promoters held 47.32% at the end of Q4 FY26; 6.91% of promoter shares were pledged. Foreign institutions owned 3.02% and domestic institutions 5.99%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY268-399.9-155.62
Q2 FY26146,305.91,043.4
Q3 FY2630-49.2-6.78
Q4 FY2614-60.4-15.38
Q1 FY2724-59.2-6.07

What history shows

This is not the company's first management change disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 2.5% on average the next trading day and was up 4.0% on average after five days (2 filings with price data).

Market-wide, 3,913 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.

Earlier filings of this kind
DateFilingNext day5 days
15 Sept 2026We wish to inform that on the recommendation of the Nomination and…+1.5%−0.5%
4 Jun 2026Management change+3.4%+8.4%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

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.