Outside CEO hires

The other half of “ceo & cfo exits”: companies whose filings inside the window went the other way. Same rules, opposite direction.

CompanyWhy it’s here — the filingReaction Next day / 1w / 1mPriceMcapP/EROCERev YoY
PMC FincorpNon Banking Financial Company (NBFC)PMC Fincorp appoints Atul Narendra Malik as CEO27 Oct 2026Ceo Appointed External×2pending₹1.64117 Cr18.2vs 17.7—-6.1%
TVS Motor Company2/3 WheelersPeyman Kargar approved as TVS Motor director and CEO for five years22 Oct 2026Ceo Appointed External+0.6% — —₹4,0501.92 L Cr56.1vs 34.019.9%+33.5%
Galaxy Agrico ExportsIndustrial ProductsMD resigns, new Managing Director appointed at Galaxy Agrico Exports21 Oct 2026Ceo Appointed External×2+1.5% — —₹105179 Cr291.7vs 26.11.0%—
Cubical Financial ServicesNon Banking Financial Company (NBFC)Complete board overhaul after takeover; new MD and CFO appointed19 Oct 2026Ceo Appointed External+3.8% — —₹6.1840 Cr154.5vs 17.7—-19.4%
Punjab CommunicationsTelecom - Equipment & AccessoriesIAS officer Jaspreet Singh appointed as new Managing Director15 Oct 2026Ceo Appointed External+1.5% — —₹4858 Cr19.49.5%+42.8%
Adishakti Loha and Ispat LimitIron & Steel ProductsBoard reshuffle: CEO and CFO resign, new CEO and CS appointed14 Oct 2026Ceo Appointed External×2+9.7% — —₹11.255 Cr8.7vs 15.70.0%-57.8%
NIITEducationNIIT CEO change: Mr. Jathar steps down, Mr. Sarkar takes over14 Oct 2026Ceo Appointed External×2+0.8% — —₹77.081,053 Cr116.8vs 23.41.1%+13.7%
Cohance LifesciencesPharmaceuticalsGovt approves Umang Vohra as Chairman and Group CEO of Cohance12 Oct 2026Ceo Appointed External+0.5% +1.4% —₹47118,034 Cr116.1vs 30.14.1%-23.1%
Baba ArtsFilm Production, Distribution & ExhibitionBaba Arts gets new board after Skybridge open offer takeover9 Oct 2026Ceo Appointed External×3+12.2% +14.7% —₹20.24106 Cr155.7vs 44.43.0%+78.0%
Cummins IndiaCompressors Pumps & Diesel EnginesCummins India appoints Adegbile Adedapo Adewunmi as Managing Director8 Oct 2026Ceo Appointed External+2.0% -6.3% —₹4,5031.25 L Cr52.7vs 42.831.8%+17.9%
RGF Capital MarketsNon Banking Financial Company (NBFC)Change in management - new promoter MD and CFO appointed5 Oct 2026Ceo Appointed External+10.0% +45.7% —₹3.6755 Cr183.5vs 17.72.3%+313.7%
ICICI Life InsuranceLife InsuranceCEO Anup Bagchi resigns; Sidharatha Mishra named new MD and CEO2 Oct 2026Ceo Appointed External+2.5% -0.8% —₹407——0.6%—
HDFC BankPrivate Sector BankHDFC Bank appoints Anup Bagchi as new MD & CEO from Oct 27, 20261 Oct 2026Ceo Appointed External-1.7% -1.5% —₹68510.55 L Cr13.3vs 12.1——
Indo Borax & ChemicalCommodity ChemicalsIndo Borax completes 64.26% Kronox stake buy, names new MD & CEO at subsidiary1 Oct 2026Ceo Appointed External+4.5% +2.6% —₹4151,330 Cr20.0vs 17.217.1%+31.3%
National PeroxideCommodity ChemicalsCEO Rajiv Arora resigns; Vinay Jayade named as new CEO1 Oct 2026Ceo Appointed External×3-2.9% -2.3% —₹510293 Cr17.5vs 17.23.5%+44.1%
The South Indian BankPrivate Sector BankSouth Indian Bank appoints Mahesh Muralidhar Pai as MD and CEO effective Oct 1, 202630 Sept 2026Ceo Appointed External×3+0.8% +2.0% —₹54.2214,195 Cr9.4vs 12.1——
DIC IndiaPrinting InksDIC India appoints Hayato Kashiwagi as MD for 3 years30 Sept 2026Ceo Appointed External-6.7% -4.7% —₹546501 Cr17.35.5%+25.4%
The New India Assu CoGeneral InsuranceNew India Assurance appoints Ms. Lavanya R Mundayur as CMD30 Sept 2026Ceo Appointed External-5.0% +14.8% —₹164————
Gujarat Mineral Dev CorpIndustrial MineralsGMDC appoints Ajay Bhadoo as new MD, replacing Roopwant Singh29 Sept 2026Ceo Appointed External-5.2% -9.3% —₹43813,940 Cr14.6vs 14.615.5%+23.8%
Porwal Auto ComponentsAuto Components & EquipmentsPorwal Auto appoints Anish Jain as CEO and KMP effective 29 Sept 202629 Sept 2026Ceo Appointed External×2-1.8% -8.5% —₹53.581 Cr6.7vs 25.316.3%-7.1%
How this list is built

A company appears when an NSE/BSE filing inside the last 30 days carries one of these classifier signals (minimum importance: Medium): Ceo Appointed External. Each row shows the latest qualifying filing; the reaction columns are the stock’s measured move from the close before that filing to the close of the next day (one session after the reaction day), 1 week and 1 month later. vs market subtracts the move of the company’s size index (Nifty 100, Nifty Midcap 150, Nifty Smallcap 250, or Nifty Microcap 250 for smaller and SME companies) over the same two closes; for filings before June 2026 that is the index membership as recorded later (tracked since Jun 2026). vs sector subtracts the median move of its industry peers. Both are differences in percentage points, not a measure of what the filing did. A benchmark that has not landed yet reads “pending”: the index close arrives a session after the stock’s.

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