TARC Ar appointed
TARC (NSE: TARC) said Ar has been appointed. The company is valued at about ₹3,333 crore.
What happened
TARC (NSE: TARC) informed the stock exchanges on 6 November 2026 at 06:00 PM that Ar has been appointed.
From the filing: "Ambarish Chatterjee as an Independent Director: Tlre Board of Directors via Circular Resolution dated November 6,2026 noted tliat the second and final term of appointment of Mr."
Company snapshot
TARC is a small-cap company in the Realty sector, with a market value of about ₹3,333 crore.
The stock last traded at ₹113, against a 52-week range of ₹106.2–₹186.3 (39.4% below the high).
Before this filing the shares had moved −8.0% over the month and −15.3% over three months. Average daily turnover over the last 20 sessions was about ₹5.05 crore.
Promoters held 65.12% at the end of Q1 FY27. Foreign institutions owned 0.99% and domestic institutions 6.44%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 76 | 54.2 | 1.84 |
| Q2 FY26 | 7 | -15.8 | -0.53 |
| Q3 FY26 | 38 | -21 | -0.71 |
| Q4 FY26 | 209 | 1.6 | 0.05 |
| Q1 FY27 | 217 | 22.7 | 0.77 |
What history shows
This is not the company's first management change disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.4% on average the next trading day and was down 5.7% on average after five days (3 filings with price data).
Across 24 similar disclosures by other Realty companies, shares moved +0.5% on average the next day and +0.6% over five days; 42% 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 |
|---|---|---|---|
| 13 Aug 2026 | Resignation of Doogar & Associates as the statutory auditors of TARC… | −2.6% | −5.3% |
| 11 Aug 2026 | Management change | −1.7% | −7.1% |
| 9 Jul 2026 | Management change | −0.0% | −4.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 12 November 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.