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Management change

Tilaknagar Industries: Mr. Rajesh Choudhary , Chief Financial Officer of the Company

Tilaknagar Industries (TI) filed a disclosure titled "Mr. Rajesh Choudhary , Chief Financial Officer of the Company". The company is valued at about ₹13,557 crore.

BCEIE News Desk · Published 8 Oct 2026, 09:16 pm IST · Filing received 8 Oct 2026, 09:01 pm IST

What happened

Tilaknagar Industries (TI) filed a disclosure with the exchanges on 8 October 2026 at 09:01 PM titled "Mr. Rajesh Choudhary , Chief Financial Officer of the Company".

Company snapshot

Tilaknagar Industries is a small-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹13,557 crore.

The stock last traded at ₹547.8, against a 52-week range of ₹381.6–₹607.8 (9.9% below the high).

Before this filing the shares had moved +2.4% over the month and +24.2% over three months. Average daily turnover over the last 20 sessions was about ₹49.92 crore.

Promoters held 31.68% at the end of Q1 FY27, down 0.03% points from the previous quarter; 93.96% of promoter shares were pledged. Foreign institutions owned 16.88% and domestic institutions 6.27%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2686488.54.57
Q2 FY2691652.72.71
Q3 FY261,453-102.8-4.67
Q4 FY262,090-14.9-0.6
Q1 FY272,252331.28

What history shows

BCEIE's records show 11 previous management change filings from the company since May 2026.

After those filings, the stock fell 1.5% on average the next trading day and was up 0.9% on average after five days (10 filings with price data).

Across 75 similar disclosures by other Fast Moving Consumer Goods companies, shares moved −1.8% on average the next day and −2.1% over five days; 39% of them rose the next day.

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
30 Jul 2026Management change−0.3%+5.1%
30 Jul 2026Management change−0.3%+5.1%
27 Jul 2026Management change+4.2%+10.0%
27 Jul 2026Management change+4.2%+10.0%
8 Jun 2026Management change+0.8%+0.4%

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.