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Management change

Xpro India: Re-appointment of Sri K Balakrishnan as a Non-Executive Independent Director for a second term of five…

Xpro India (XPROINDIA) filed a disclosure titled "Re-appointment of Sri K Balakrishnan as a Non-Executive Independent Director for a second term of five consecutive year from May 25, 2027 to May 24, 2032". The company is valued at about ₹2,339 crore.

BCEIE News Desk · Published 3 Nov 2026, 05:37 pm IST · Filing received 3 Nov 2026, 05:22 pm IST

What happened

Xpro India (XPROINDIA) filed a disclosure with the exchanges on 3 November 2026 at 05:22 PM titled "Re-appointment of Sri K Balakrishnan as a Non-Executive Independent Director for a second term of five consecutive year from May 25, 2027 to May 24, 2032".

Company snapshot

Xpro India is a small-cap company, with a market value of about ₹2,339 crore.

The stock last traded at ₹996.6, against a 52-week range of ₹788.1–₹1,574.8 (36.7% below the high).

Before this filing the shares had moved −17.1% over the month and −26.0% over three months. Average daily turnover over the last 20 sessions was about ₹9.99 crore.

Promoters held 40.31% at the end of Q1 FY27. Foreign institutions owned 13.81% and domestic institutions 2.94%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26145-5.5-2.46
Q2 FY2612052.14
Q3 FY261066.82.91
Q4 FY26134135.64
Q1 FY271747.93.38

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.
  • 3 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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