Announced Tue, 24 Feb, 2026 · 12:13 IST

Mangal Electrical Industries Limited has informed the Exchange regarding Resignation of Mr Ramkishan Bairwa as Other of the company w.e.f. February 23, 2026.

Kmp ResignedManagement Changes View source PDFExplain this filing

MEIL · price

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Price reactionminutes from the announcement price · days from the prior close
-2.2%Reaction day
₹250.45
prior close
₹246.65
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-0.9% vs market

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250, 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
5m
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-0.3
15m
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30m
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Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
-2.2-1.3-0.9
Next day
-4.6-1.1-3.5
2d
-4.2-0.8-3.4
3d
-6.1-1.9-4.2
4d
-4.7-4.1-0.6
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-5.3-6.6+1.3
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-8.2-5.7-2.5
15d
-4.0-6.4+2.4
1m
-10.8-9.9-0.8
2m
+17.8+3.8+14.0
3m
+29.4+8.9+20.5
UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Mangal Electrical Industries Limited has informed the stock exchanges that Mr. Ramkishan Bairwa, the Chief Operating Officer of its EPC (Engineering, Procurement and Construction) division, has resigned effective February 23, 2026. The company has stated the reason as personal reasons, though his resignation email also references health reasons and mentions he would not be able to continue beyond April 10, 2026. Mr. Bairwa had been associated with the company for over 10 years. The company has disclosed the details as required under SEBI Listing Regulations.

Likely market impact

The exit of a long-tenured senior operations head in the core EPC business may raise short-term questions about continuity and project execution. However, since the resignation cites personal/health reasons and the role is not the CEO or CFO, the immediate impact on the stock is likely limited. Investors should watch for any subsequent announcement regarding a replacement.