Universal Cables: Completion of tenure of Shri Kishore Kumar Mehrotra, as a Non Executive Independent Director of the Company…
Universal Cables (UNIVCABLES) filed a disclosure titled "Completion of tenure of Shri Kishore Kumar Mehrotra, as a Non Executive Independent Director of the Company with effect from the close of business hours on 10th November, 2026…". The company is valued…
What happened
Universal Cables (UNIVCABLES) filed a disclosure with the exchanges on 4 November 2026 at 10:21 PM titled "Completion of tenure of Shri Kishore Kumar Mehrotra, as a Non Executive Independent Director of the Company with effect from the close of business hours on 10th November, 2026…".
Company snapshot
Universal Cables is a small-cap company, with a market value of about ₹4,277 crore.
The stock last traded at ₹1,232.7, against a 52-week range of ₹576–₹1,774.9 (30.6% below the high).
Before this filing the shares had moved −15.1% over the month and −13.7% over three months. Average daily turnover over the last 20 sessions was about ₹16.94 crore.
Promoters held 61.89% at the end of Q1 FY27. Foreign institutions owned 1.11% and domestic institutions 3.31%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 600 | 32.9 | 9.49 |
| Q2 FY26 | 814 | 47.7 | 13.74 |
| Q3 FY26 | 768 | 27.2 | 7.84 |
| Q4 FY26 | 840 | 55.3 | 15.94 |
| Q1 FY27 | 945 | 70.1 | 20.22 |
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 18.3% on average the next trading day and was up 22.2% on average after five days (2 filings with price data).
Market-wide, 4,282 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 Aug 2026 | Change in Management i.e. Appointment of Shri Nishant Premkuar… | +18.3% | +22.2% |
| 7 Aug 2026 | Management change | +18.3% | +22.2% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 4 November 2026: Board meeting — Financial Results.
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.