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Management change

UPL Shatmanyu Shrivastava appointed

UPL (UPL) said Shatmanyu Shrivastava has been appointed; and Sameer Tandon, President, has been appointed. The company is valued at about ₹43,568 crore.

BCEIE News Desk · Published 2 Nov 2026, 03:49 pm IST · Filing received 2 Nov 2026, 03:33 pm IST

What happened

UPL (UPL) told the exchanges on 2 November 2026 at 03:33 PM that Shatmanyu Shrivastava has been appointed; and Sameer Tandon, President, has been appointed.

From the filing: "Appointment of Statutory Auditors: The Company's existing Statutory Auditors, B S R & Co."

Company snapshot

UPL is a mid-cap company in the Chemicals sector, with a market value of about ₹43,568 crore.

The stock last traded at ₹516.1, against a 52-week range of ₹476.5–₹812.2 (36.5% below the high).

Before this filing the shares had moved −4.6% over the month and −15.1% over three months. Average daily turnover over the last 20 sessions was about ₹111 crore.

Promoters held 33.51% at the end of Q1 FY27. Foreign institutions owned 43.71% and domestic institutions 14.32%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY269,216-88-1.98
Q2 FY2612,0195536.75
Q3 FY2612,2693964.69
Q4 FY2618,3351,06112.57
Q1 FY2710,181100.12

What history shows

BCEIE's records show 4 previous management change filings from the company since May 2026.

Across 69 similar disclosures by other Chemicals companies, shares moved −0.1% on average the next day and +0.4% over five days; 48% of them rose the next day.

Market-wide, 4,084 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.

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 2 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.

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