ATGL Q2 results: ED Manglani retires, Pandita named Executive Director and CEO

Kmp ResignedManagement Changes View source PDF Explain this filing

ATGL · price

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Price reactionminutes from the announcement price · days from the prior close

-4.7%Reaction day

₹555.50

prior close

₹559.00

announcement price

After-mkt

timing

Nifty Midcap 150market-2.1%-2.6% vs market

LPG/CNG/PNG/LNG Supplier peers, median of 6sector-1.6%-3.1% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Midcap 150 and 3.1 pts less than its LPG/CNG/PNG/LNG Supplier peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.3

10m

-2.8

15m

-3.6

30m

-4.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.7-2.1-2.6-1.6-3.1

Next day

-3.7-1.0-2.7-0.6-3.0

-3.3pendingpending-0.3-3.0

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15d

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UpDownMarket · Nifty Midcap 150Sector · LPG/CNG/PNG/LNG Supplier peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ATGL reported Q2 FY27 revenue of 2,109.65 crores, up from 1,576.38 crores YoY. H1 profit stood at 314.99 crores versus 328.73 crores a year ago. Executive Director Suresh P Manglani will retire upon superannuation effective Oct 31, 2026. Current CEO Sanjay Pandita will be elevated to Executive Director and CEO for 3 years from Nov 1, 2026, subject to shareholder approval.

Likely market impact

Smooth leadership transition as long-serving ED retires and current CEO gets ED title. Shareholder approval needed for Pandita's appointment.