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Management change

Vishal Fabrics: Resignation of Chief Executive Officer

Vishal Fabrics (VISHAL) filed a disclosure titled "Resignation of Chief Executive Officer". The company is valued at about ₹401 crore.

BCEIE News Desk · Published 3 Nov 2026, 06:51 pm IST · Filing received 3 Nov 2026, 06:35 pm IST

What happened

Vishal Fabrics (VISHAL) filed a disclosure with the exchanges on 3 November 2026 at 06:35 PM titled "Resignation of Chief Executive Officer".

Company snapshot

Vishal Fabrics is a micro-cap company, with a market value of about ₹401 crore.

The stock last traded at ₹16.19, against a 52-week range of ₹15–₹22.05 (26.6% below the high).

Before this filing the shares had moved −4.1% over the month. Average daily turnover over the last 20 sessions was about ₹0.08 crore.

Promoters held 55.06% at the end of Q1 FY27; 19.14% of promoter shares were pledged. Foreign institutions owned 24.55% and domestic institutions 0.00%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY263978.10.39
Q2 FY264338.80.36
Q3 FY264247.80.33
Q4 FY263487.50.32
Q1 FY273797.10.28

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

Market-wide, 4,129 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.

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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