Daily Management Changes Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
- None found in the provided filings where the stated reason indicates governance/ethical/mismanagement concerns (e.g., “lack of access to information”, “governance concerns”, “ethical concerns”, “allegations”, etc.).
(Some resignations cite “personal reasons” or “pre-occupation of work”, which are not treated as for-cause per your criteria.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Tejas Networks Limited (TEJASNET)
- Change: Appointment (CEO/MD)
- Person: Mr. Arnob Roy
- Role: Managing Director & Chief Executive Officer (MD & CEO)
- Effective Date: April 15, 2026
-
Context: Appointed for the period April 15, 2026 to August 3, 2028 (subject to shareholder approval).
-
Change: Appointment (COO)
- Person: Mr. Preetham Uth aiah
- Role: Chief Operating Officer (COO)
- Effective Date: April 15, 2026
-
Context: Appointed as COO (subject to standard disclosures; no additional reason stated).
-
Change: Resignation (CFO)
- Person: Mr. Sumit Dhingra
- Role: Chief Financial Officer (CFO)
- Effective Date: Close of business hours, May 15, 2026
-
Context: Resignation accepted/recorded by board.
-
Change: Appointment (CFO)
- Person: Mr. AVS Prasad
- Role: Chief Financial Officer (CFO)
- Effective Date: May 16, 2026
- Context: Appointed CFO (board approval; no further reason stated).
Zelio E Mobility Limited (ZELIO)
- Change: Appointment (CEO)
- Person: Mr. Divyanshu Agarwal
- Role: Chief Executive Officer (CEO)
- Effective Date: April 15, 2026
- Context: Board approval via resolution passed by circulation.
Inflame Appliances Limited (INFLAME)
- Change: Resignation (Whole-time director)
- Person: Mr. Ashwani Kumar Goel
- Role: Whole-time Director
- Effective Date: April 15, 2026
-
Context: Resignation due to personal reasons.
-
Change: Appointment (Additional Director; CEO designation)
- Person: Mr. Amit Kaushik
- Role: Additional Director (Non-Executive) and designated as CEO
- Effective Date: April 15, 2026 (subject to shareholder approval)
- Context: Board approved appointment; upon appointment, he is designated as CEO and Additional Director.
Ujaas Energy Limited (UEL)
- Change: Appointment (Chairperson)
- Person: Mrs. Geeta Mundra
- Role: Chairperson (Additional Director, Non-Executive, Non-Independent)
- Effective Date: Close of business hours, April 15, 2026
- Context: Appointment subject to shareholder approval.
Tejas Networks Limited (TEJASNET) (board also changed independent director/board composition; see section 3 for directors)
2. Executive Management Changes (senior executives below CEO/CFO/COO)
LIC Housing Finance Limited (LICHSGFIN)
- Appointment/Change: Senior Management Personnel update
- Person: Shri Debakanta Padhi
- Role: General Manager (HR, Staff Cessation and Legal)
- Nature: Cessation
- Effective Date/Timing: “On close of business hours on April 16, 2026”
- Context: “Cessation as repatriated back to LIC of India.”
WSFX Global Pay Limited (WSFX)
- Appointment: Mr. Ravi Dubey
- Role: Sr. Vice President & Head – D2C
- Effective Date: April 16, 2026
- Context: Appointed as Senior Management Personnel.
Allied Blenders and Distillers Limited (ABDL)
- Appointment: Dr. Pradipta Basu
- Role: Chief Marketing Officer (SMP)
- Effective Date: April 15, 2026
-
Context: Appointed as CMO and classified as SMP.
-
Cessation (SMP classification change):
- Person: Mr. Arvind Mohta
- Role: Marketing Director (ceases to be classified as SMP)
- Effective Date: April 15, 2026
-
Context: Reporting structure change; continues as Marketing Director.
-
Person: Mr. Uday Rao
- Role: Marketing Director (ceases to be classified as SMP)
- Effective Date: April 15, 2026
- Context: Reporting structure change; continues as Marketing Director.
E.I.D. Parry (India) Limited (EIDPARRY)
- Resignation: Mr. Balaji Prakash
- Role: Chief Operating Officer & Business Head – CPG
- Effective Date: Close of business hours, April 20, 2026
- Context: Resignation tendered; accepted by management.
Aayush Art and Bullion Limited (AAYUSHBULL)
- Removal: Mr. Pankaj Kumar Rawat
- Role: Company Secretary & Compliance Officer (KMP)
- Effective Date: Close of business hours, April 15, 2026
- Context: Board decided to terminate/remove; company states “several attempts” to communicate/coordinate received no response.
Amanta Healthcare Limited (AMANTA)
- Resignation: Shri Vimal Shrimali
- Role: AVP – HR & Admin (SMP)
- Effective Date: Close of business hours, April 16, 2026
- Context: Resignation due to personal reason.
EID Parry (India) Limited (EIDPARRY) (already covered above under executive management)
3. Board / Director Changes (Independent / Non-executive / Additional directors)
Sun Retail Limited (SUNRETAIL)
- Appointment: Mrs. Khyati Bhavya Shah
- Role: Additional Non-Executive Independent Director
- Effective Date: April 16, 2026 (subject to shareholder approval)
-
Context: Board appointment.
-
Resignation: Nisha Sukhdevbhai Parmar
- Role: Non-Executive Independent Director
- Effective Date: April 15, 2026
- Context: Resignation due to “pre-occupation of work.”
SG Finserve Limited (SGFIN)
- Appointment: Mr. Deepak Kumar
- Role: Additional Director (Non-Executive, Non-Independent) – Chairperson category
- Effective Date: April 16, 2026 (subject to shareholder approval)
- Context: Board approved appointment.
Power Grid Corporation of India Limited (POWERGRID)
- Cessation (Independent Directors tenure completion):
- Shri Shiv Tapasya Paswan (DIN: 09414240) – ceased April 15, 2026
- Shri Rohit Vaswani (DIN: 00658059) – ceased April 15, 2026
- Context: Tenure completed as Non-Official Independent Directors.
GTPL Hathway Limited (GTPL)
- Re-appointment: Mr. Rajendra Dwarkadas Hingwala
- Role: Independent Director
- Effective Date: July 13, 2026 (second term of 3 years; present term expires July 12, 2026)
- Context: Re-appointment recommended by NRC; subject to shareholder approval.
AKI India Limited (AKIINDIA)
- Appointments:
- Ms. Hardika Ladha (DIN: 10942355) – Additional Non-Executive Independent Director
- Effective Date: April 8, 2026
-
Mr. Nandish Shaileshbhai Jani (DIN: 09565657) – Additional Non-Executive Independent Director
- Effective Date: April 8, 2026
-
Resignations:
- Mrs. Sarika Agrawal (DIN: 11443308) – Non-Executive Independent Director
- Effective Date: April 8, 2026
- Context: “Due to personal reasons.”
- Mr. Abdul Rashid Khan (DIN: 11431050) – Non-Executive Independent Director
- Effective Date: April 8, 2026
- Context: “Due to personal reasons.”
- Mr. Veqarul Amin (DIN: 00037469) – Non-Executive Independent Director
- Effective Date: April 8, 2026
- Context: “Due to personal reasons.”
Tejas Networks Limited (TEJASNET)
- Appointment: Mr. Srikumar Vijayasekharan
- Role: Additional Director (Non-Executive, Independent) / Independent Director
- Effective Date: April 15, 2026
-
Context: Appointed for a 5-year term (subject to shareholder approval).
-
Resignation: Mr. P R Ramesh
- Role: Independent Director
- Effective Date: Close of business hours, April 18, 2026
- Context: Resignation accepted; reasons stated in resignation letter (not reproduced in filing excerpt).
ICICI Lombard General Insurance Company Limited (ICICIGI)
- Appointment: Mr. Shyam Srinivasan
- Role: Additional Director (Non-executive, Independent)
- Effective Date: April 15, 2026 to April 14, 2031 (subject to shareholder approval)
- Context: Board approved appointment for 5-year term.
Bata India Limited (BATAINDIA)
- Re-appointment: Ms. Radha Rajappa
- Role: Non-Executive Independent Director
- Effective Date: June 9, 2026 (second term of 3 years)
- Context: Re-appointment subject to shareholder approval via postal ballot.
India Tourism Development Corporation Limited (ITDC)
- Cessation: Shri Manan Kaushal (DIN: 09477888)
- Role: Independent Director
- Effective Date: April 16, 2026 (tenure completion; filing states cessation effective April 16, 2026; annexure shows date 15/04/2026)
- Context: Completion of tenure.
Svam Software Limited (SVAM)
- Resignation: Mr. Rajesh Kumar Vaid
- Role: Independent Director
- Effective Date: April 14, 2026
- Context: Resignation due to personal reasons.
Supertech EV Limited (SUPERTECH)
- Appointment: Mr. Sanjay Gupta
- Role: Additional Director (Non-Executive)
- Effective Date: April 15, 2026
- Context: Board approved appointment.
Ujaas Energy Limited (UEL)
- Appointment: Mrs. Geeta Mundra
- Role: Additional Director (Non-Executive, Non-Independent) and Chairperson
- Effective Date: Close of business hours, April 15, 2026
- Context: Subject to shareholder approval.
4. Notable Company-Specific Situations (within-company clustering)
AKI India Limited (AKIINDIA)
- Clustered board exits: Three Independent Directors resigned effective April 8, 2026 (Sarika Agrawal, Abdul Rashid Khan, Veqarul Amin), alongside two Independent Director appointments effective the same date (Hardika Ladha, Nandish Jani).
- Why notable: Simultaneous reshuffle of multiple independent seats in one day (per filings).
Tejas Networks Limited (TEJASNET)
- Simultaneous core leadership transitions: CEO/MD appointment (Arnob Roy), COO appointment (Preetham Uth aiah), CFO resignation (Sumit Dhingra) and CFO appointment (AVS Prasad) all announced in the same board meeting cycle.
Aayush Art and Bullion Limited (AAYUSHBULL)
- KMP removal with stated communication issue: Company states it made “several attempts” to coordinate with the CS/KMP and “no response has been received,” preceding removal effective April 15, 2026.
5. Reappointments / Extensions (side notes)
Wipro Limited (WIPRO)
- Re-appointment: Ms. Tulsi Naidu
- Role: Independent Director
- Effective Date: July 1, 2026 to June 30, 2031 (second term of 5 years)
- Context: Re-appointment approved by board; subject to shareholder approval.
GTPL Hathway Limited (GTPL)
- Re-appointment: Mr. Rajendra Dwarkadas Hingwala
- Role: Independent Director
- Effective Date: July 13, 2026 (2nd term of 3 years; subject to shareholder approval).
Bata India Limited (BATAINDIA)
- Re-appointment: Ms. Radha Rajappa
- Role: Non-Executive Independent Director
- Effective Date: June 9, 2026 (3 years; subject to postal ballot approval).
If you want, I can also provide a one-page tabular view (Company | Role | Change | Effective date | Reason snippet) for faster internal scanning.
