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Management Changes

Hathway names COO cum CEO designate for Sept 1, 2026

April 18, 2026 7 mins read Firehose Gupta

Daily Management Change Report (BSE filings – last 24 hours)

0. Critical Alerts (Resignation “for cause”)

No filings in the provided set contained a resignation reason indicating governance/ethical/mismanagement concerns (e.g., “lack of access to information”, “governance concerns”, “mismanagement”, etc.).


1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)

Hathway Cable & Datacom Limited (HATHWAY)

  • Change: Appointment (CEO transition)
  • Person: Gurjeev Singh Kapoor
  • Role: COO cum CEO designate (Senior Management); to become CEO
  • Effective Date: CEO effective September 1, 2026
  • Context: Board approved appointment as COO cum CEO designate from April 20, 2026; takeover as CEO upon completion of current CEO’s term on Aug 31, 2026.

National Standard (India) Limited (504882)

  • Change: Appointment / Resignation (CFO)
  • Person: Rohit Singhvi
  • Role: CFO & KMP
  • Effective Date: April 18, 2026
  • Context: Board approved appointment as CFO/KMP.

  • Person: Rameshchandra Chechani

  • Role: CFO & KMP
  • Effective Date: close of business hours on April 17, 2026
  • Context: Resigned as CFO/KMP.

Jio Financial Services Limited (JIOFIN)

  • Change: Resignation / Appointment (Group CFO)
  • Person: Abhishek Haridas Pathak
  • Role: Group Chief Financial Officer & KMP
  • Effective Date: April 20, 2026
  • Context: Board accepted request to release him from Group CFO/KMP position.

  • Person: Annapoorna Venkataramanan

  • Role: Group Chief Financial Officer & KMP
  • Effective Date: May 11, 2026
  • Context: Board approved appointment as Group CFO/KMP.

2. Executive Management Changes (senior executives below CEO/CFO/COO)

Asian Hotels (North) Limited (ASIANHOTNR)

  • Appointment: Sachin Goel as Director of Finance (Senior Management Personnel)
  • Effective Date: April 17, 2026
  • Context: Board circular resolution approved appointment w.e.f. April 17, 2026.

Veedol Corporation Limited (VEEDOL)

  • Resignation: Sanjeev Wangoo, Executive Director – Group Supply Chain Management (SMP)
  • Effective Date: close of business on April 17, 2026
  • Context: Tendered resignation from services.

Aditya Birla Money Limited (BIRLAMONEY)

  • Appointment: Amit Lahoti as Head – Equity Research (Senior Management Personnel)
  • Effective Date: April 17, 2026
  • Context: Board approved appointment based on Nomination & Remuneration Committee recommendation.

Alicon Castalloy Limited (ALICON)

  • Appointment: Ishaan Rai as Additional Director (effective 12 May 2026, subject to shareholder approval)
  • Context: Board appointment; shareholder approval via postal ballot required.
  • Resignation: Pamela Rai (Non-executive, non-independent) as Director
  • Effective Date: 12 May 2026

Rail Vikas Nigam Limited (RVNL)

  • Appointment: Ashutosh Gautam as Executive Director (Civil) (Senior Management Personnel)
  • Effective Date: April 17, 2026 (A/N)
  • Context: Appointment as part of senior management change.

Life Insurance Corporation of India (LICI)

  • Appointment (SMP elevation): Debakanta Padhi as Additional Executive Director (Senior Business Associates/LIC Associates/Re-Investment)
  • Effective Date: April 17, 2026
  • Context: Elevated to SMP position.

Britannia Industries Limited (BRITANNIA)

  • Resignation: Ritesh Rana, Vice President – Human Resources
  • Effective Date: relieved close of business hours on May 15, 2026
  • Context: Resignation to pursue external opportunity.

  • Appointment: Srinivas Maruthi Patnam as Vice President – Human Resources (Designate)

  • Effective Date: assume office May 16, 2026 (designate approved effective April 21, 2026 per filing)
  • Context: Board circular resolution approved appointment.

Krsnaa Diagnostics Limited (KRSNAA)

  • Appointment: Chandra Prakash Singh as Interim CFO (KMP)
  • Effective Date: April 17, 2026
  • Context: Interim CFO until a new CFO is appointed.

Systematix Corporate Services Limited (SYSTMTXC)

  • Appointment: Vijaykumar Gautam as Non-Executive Independent Director
  • Effective Date: January 21, 2026 to January 20, 2031 (appointed by members at EGM held April 17, 2026)
  • Context: EGM approval; filing notes change in designation from Additional NED to NED Independent Director.

Hathway Cable & Datacom Limited (HATHWAY)

  • Appointment (designate): Gurjeev Singh Kapoor as COO cum CEO designate
  • Effective Date: April 20, 2026
  • Context: CEO transition planned for Sept 1, 2026.

3. Board / Director Changes (Independent / Non-executive / Additional directors)

Alicon Castalloy Limited (ALICON)

  • Appointment: Ishaan Rai as Additional Director
  • Effective Date: 12 May 2026 (subject to shareholder approval)
  • Resignation: Pamela Rai (Non-executive, non-independent)
  • Effective Date: 12 May 2026

Dish TV India Limited (DISHTV)

  • Appointment: Arun Kumar Kapoor as Independent Director
  • Effective Date: Aug 14, 2025 (term Aug 14, 2025–Aug 13, 2030)
  • Appointment: Heena Naishadh Bhatt as Independent Director
  • Effective Date: Aug 14, 2025 (term Aug 14, 2025–Aug 13, 2030)
  • Appointment: Ashok Anant Paranjpe as Independent Director
  • Effective Date: upon Ministry approval (effective date pending)
  • Context: Ministry of Information & Broadcasting approval required for director appointments.

Systematix Corporate Services Limited (SYSTMTXC)

  • Appointment: Vijaykumar Gautam as Non-Executive Independent Director
  • Effective Date: Jan 21, 2026 (5-year term; EGM approval on Apr 17, 2026)

Shalby Limited (SHALBY)

  • Resignation: Vijay Kishanlal Kedia as Independent Director
  • Effective Date: close of business hours on April 30, 2026
  • Context: “increasing professional commitments and time constraints”

Patel Engineering Limited (PATELENG)

  • Cessation: Ashwin Parmar as Independent Director
  • Effective Date: April 19, 2026
  • Context: completion of tenure.

Dish TV India Limited (DISHTV)

  • (Covered above under appointments; all are Independent Director appointments.)

Goyal Aluminiums Limited (GOYALALUM)

  • Appointment: Pushpa Joshi as Additional Director (Non-Executive Independent)
  • Effective Date: April 17, 2026 (subject to shareholder approval)
  • Appointment: Saurabh as Additional Director (Non-Executive Independent)
  • Effective Date: April 17, 2026 (subject to shareholder approval)
  • Context: Board also reconstituted Audit / NRC / Stakeholders Relationship committees following resignations of two earlier Independent Directors (names mentioned in filing: Bishamber Nath Mehra, Amit Agarwal).

Space Incubatrics Technologies Limited (541890)

  • Appointment: Nand Kishore Ray as Additional (Non-Executive, Non-Independent) Director
  • Effective Date: April 17, 2026
  • Appointment: Dheeraj Kumar as Additional (Executive) Director
  • Effective Date: April 17, 2026
  • Appointment: Ishaan Rai as Additional Director
  • Effective Date: 12 May 2026 (subject to shareholder approval)
  • Resignation: Rajender Parsad as Additional & Non-Executive Director
  • Effective Date: April 17, 2026
  • Resignation: Umesh Kumar as Additional & Executive Director
  • Effective Date: April 17, 2026
  • Resignation: Pamela Rai as Non-executive, non-independent Director
  • Effective Date: 12 May 2026
  • Notable within-company pattern: multiple director exits on April 17, 2026 plus additional appointments on the same date.

Johnson Pharmacare Limited (JOHNSONPHARM / 532154)

  • Resignation: Rajender Parsad as Additional & Non-Executive Director
  • Effective Date: April 17, 2026
  • Resignation: Umesh Kumar as Additional & Executive Director
  • Effective Date: April 17, 2026
  • Appointment: Nand Kishore Ray as Additional (Non-Executive, Non-Independent) Director
  • Effective Date: April 17, 2026
  • Appointment: Dheeraj Kumar as Additional (Executive) Director
  • Effective Date: April 17, 2026
  • Context: filings show coordinated board changes (appointments + resignations) on the same date.

National Fertilizers Limited (NFL)

  • Appointment: Kuntal Sensarma as Additional Director (Government Nominee)
  • Effective Date: April 17, 2026
  • Context: appointed vice Dr. Prathibha A. per Department of Fertilizers order.

REC Limited (RECLTD)

  • Cessation: Dr. Gambheer Singh (Part-time Non-Official Independent Director)
  • Effective Date: April 17, 2026
  • Cessation: Dr. (Smt.) Durgesh Nandini (Part-time Non-Official Independent Director)
  • Effective Date: April 17, 2026
  • Context: tenure ended per Ministry of Power orders.

Cochin Minerals & Rutile Limited (COCHRDM)

  • Consent received for nominee director: Rajesh Jacob (Dy. General Manager & CCO)
  • Next step: to be placed for consideration in forthcoming board meeting (DIR-2 consent dated 16.04.2026)

Aerpace Industries Limited (AERPACE)

  • Resignation: Darshana Avadhoot Sawant as Independent Director
  • Effective Date: close of business hours on April 14, 2026
  • Context: “pre-occupation”

Indo Amines Limited (INDOAMIN)

  • Resignation: Vijay Yeshwant Sane as Independent Director
  • Effective Date: April 16, 2026 (close of business hours)

Bannari Amman Sugars Limited (BANARISUG)

  • Resignation: M Ponnuswami as Independent Director
  • Effective Date: April 17, 2026
  • Context: inability to appear for online proficiency self-assessment test (Rule 6 of Companies (Appointment and Qualification of Directors) Rules, 2014)

Jyotirgamya Enterprises Limited (JEL)

  • Resignation: Gopika Raman as Director
  • Effective Date: April 17, 2026
  • Context: personal reasons and unavoidable circumstances

Royal India Corporation Limited (512047)

  • Resignation: Ikerath Joseph Sam as Executive Director (Business Development and Marketing)
  • Effective Date: April 16, 2026 (after closure of business hours)
  • Context: other commitments and to pursue other opportunities

Krsnaa Diagnostics Limited (KRSNAA)

  • Appointments (Independent Directors):
  • Raju Venkatraman — Additional Independent Director (term Apr 25, 2026–Apr 24, 2028)
  • Lilian Jessie Paul — Additional Independent Director (term Apr 25, 2026–Apr 24, 2028)
  • Re-appointment (Independent Director): Chetan Desai (term Apr 25, 2026–Apr 24, 2031)
  • Cessation (Independent/Whole-time Director tenure completion):
  • Pallavi Bhatevara — Whole-time Director (cease Apr 25, 2026)
  • Rajiva Ranjan Verma — Independent Director (cease Apr 24, 2026)
  • Chhaya Palrecha — Independent Director (cease Apr 24, 2026)

Goyal Aluminiums Limited (GOYALALUM)

  • (Covered above; committee reconstitution tied to Independent director resignations.)

Mangalam Drugs and Organics Limited (MANGALAM)

  • Resignation (revised disclosure): Anuradha Pandey as Company Secretary & Compliance Officer
  • Effective Date: March 29, 2026
  • Context: revised filing due to earlier submission discrepancy/timeline tracking oversight.

Aerpace Industries Limited (AERPACE)

  • (Covered above; Independent director resignation.)

4. Notable Company-Specific Situations

Space Incubatrics Technologies Limited (541890)

  • Multiple director changes clustered on April 17, 2026:
  • Resignations: Umesh Kumar (Additional & Executive) and Rajender Parsad (Additional & Non-Executive)
  • Appointments: Nand Kishore Ray (Additional NED) and Dheeraj Kumar (Additional Executive)
  • Additional director appointment Ishaan Rai and resignation Pamela Rai effective 12 May 2026 (shareholder approval required for Ishaan Rai).

Johnson Pharmacare Limited (532154)

  • Coordinated board changes on April 17, 2026:
  • Resignations: Rajender Parsad and Umesh Kumar
  • Appointments: Nand Kishore Ray and Dheeraj Kumar

5. Reappointments / Extensions (side notes)

Krsnaa Diagnostics Limited (KRSNAA)

  • Re-appointment: Chetan Desai as Independent Director for 5 years (Apr 25, 2026–Apr 24, 2031)

Dish TV India Limited (DISHTV)

  • Independent director appointments for first terms (Aug 14, 2025–Aug 13, 2030) and one appointment pending Ministry approval (Ashok Anant Paranjpe).