Unimech Aerospace and Manufacturing Prathap B. Naidu steps down
Unimech Aerospace and Manufacturing (UNIMECH) said Prathap B. The company is valued at about ₹8,602 crore.
What happened
In a filing with the NSE on 27 October 2026 at 10:13 PM, Unimech Aerospace and Manufacturing (UNIMECH) said that Prathap B. Naidu has ceased.
From the filing: "Unimech Aerospace and Manufacturing Limited has informed the Exchange regarding Cessation of Mr."
Company snapshot
Unimech Aerospace and Manufacturing is a small-cap company in the Capital Goods sector, with a market value of about ₹8,602 crore.
The stock last traded at ₹1,691.5, against a 52-week range of ₹695–₹1,901 (11.0% below the high).
Before this filing the shares had moved −9.9% over the month and +26.1% over three months. Average daily turnover over the last 20 sessions was about ₹37.08 crore.
Promoters held 79.82% at the end of Q1 FY27. Foreign institutions owned 0.43% and domestic institutions 5.59%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 63 | 19.1 | 3.76 |
| Q2 FY26 | 62 | 15.7 | 3.08 |
| Q3 FY26 | 34 | 2.4 | 0.47 |
| Q4 FY26 | 82 | 26.1 | 5.13 |
| Q1 FY27 | 108 | 27.9 | 5.48 |
What history shows
BCEIE's records show 4 previous management change filings from the company since May 2026.
After those filings, the stock gained 3.6% on average the next trading day and was up 6.5% on average after five days (3 filings with price data).
Across 236 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.5% over five days; 50% of them rose the next day.
Market-wide, 4,004 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 7 Sept 2026 | Resignation of Director/KMP/SMP | +6.1% | +2.9% |
| 7 Sept 2026 | Change in Management | +8.4% | +7.1% |
| 29 May 2026 | Appointment of Company Secretary and Compliance Officer | −3.8% | +9.6% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 27 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- UNIMECH AEROSPACE N MFG L Share Price
- Unimech Aerospace subsidiary signs long-term agreement with Honeywell Aerospace
- Unimech Aerospace reshuffles senior management amid restructuring
- Unimech Aerospace moves up as its arm executes long-term agreement with Honeywell Aerospace
- Unimech Aerospace and Manufacturing - 10 microcap stocks rally up to 80% in just 3 months
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.