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Management Changes

Mphasis CEO Re-appointment Highlighted

April 30, 2026 4 mins read Firehose Gupta

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

0. Critical Alerts (Highest Priority)

No “for cause” resignations (with governance/ethics/ethical or mismanagement-type reasons) were found in the provided filings.


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

Mphasis Limited (MPHASIS)

  • Change: Re-appointment
  • Person: Mr. Nitin Rakesh
  • Role: Chief Executive Officer & Managing Director (CEO & MD)
  • Effective Date: October 1, 2026 (subject to shareholder approval at ensuing AGM)
  • Context: Re-appointment for a 5-year term.

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

Fino Payments Bank Limited (FINOPB)

  • Appointment: Re-appointment of Mr. Aninda Mukherjee as Chief Risk Officer (Senior Management Personnel)
  • Effective Date / Tenure: May 03, 2026 to May 02, 2029 (3 years)

3. Board / Director Changes

Mphasis Limited (MPHASIS)

  • Appointment/Re-appointment: Re-appointment of Ms. Maureen Anne Erasmus
  • Role: Independent Director (not liable to retire by rotation)
  • Effective Date: December 20, 2026
  • Term: Second and final term of 5 years (subject to shareholder approval)

ELITECON International Limited (539533)

  • Appointment: Mr. Kumar Anubhav Upadhyay as Executive Additional Director
  • Effective Date: April 29, 2026
  • Resignation: Mr. Vipin Sharma resigned as Managing Director
  • Effective Date: April 29, 2026

Cemindia Projects Limited (CEMPRO / 509496) (formerly ITD Cementation India Limited)

  • Appointment: Mr. Abizer Shabbir Diwanji as Additional Director – Non-Executive Independent
  • Effective Date: April 29, 2026
  • Term: 3 years (to April 28, 2029), subject to shareholder approval

KFin Technologies Limited (KFINTECH / 543720)

  • Appointment: Mr. Dinesh Khara as Additional Director (Non-Executive Independent)
  • Effective Date: April 29, 2026
  • Term: 5 years (to April 28, 2031)
  • Also: to become Chairperson from October 1, 2026 (upon completion of current Chairperson’s term on Sep 30, 2026)
  • Appointment: Mr. Vivek Narayan Mathur as Additional Director (Whole-Time Director)
  • Effective Date: April 29, 2026
  • Term: 2 years (to April 28, 2028)

Gallops Enterprise Limited (GALLOPENT / 531902)

  • Cessation: Mr. Bhanubhai Ambalal Patel ceased as Independent Director
  • Reason: Completion of second term
  • Effective Date: close of business hours, March 31, 2026

Odyssey Technologies Limited (530175)

  • Re-appointment: Mr. Ravi Srinivasan as Independent Director (second term)
  • Effective Date: November 7, 2026 (as stated in the filing)
  • Term: 5 years (to October 31, 2031), subject to shareholder approval

Syngene International Limited (SYNGENE / 539268)

  • Appointment: Mr. Vijaya Chandru as Additional Director (Independent, Non-Executive)
  • Effective Date: from 33rd AGM (till conclusion of AGM in 2029)
  • Appointment: Mr. Arun Chandavarkar as Additional Director (Independent, Non-Executive)
  • Effective Date: from 33rd AGM (till conclusion of AGM in 2029)
  • Re-appointment: Ms. Vinita Bali as Additional Non-Executive Director
  • Effective Date: July 22, 2026 to July 21, 2027 (1 year)

Flexituff Ventures International Limited (FLEXITUFF / 533638)

  • Appointment: Mrs. Gudiya Yadav as Additional Non-Executive Non-Independent Women Director
  • Effective Date: April 29, 2026
  • Term: 24 months (subject to shareholder approval)

RPG Life Sciences Limited (RPGLIFE / 532983)

  • Appointment: Dr. Pratit Samdani as Additional Non-Executive Independent Director
  • Effective Date: April 29, 2026
  • Term: 5 years (to April 28, 2031), subject to shareholder approval

Suraj Estate Developers Limited (SURAJEST / 544054)

  • Resignation: Mr. Gopal Govind Barve (Chief Engineer – Senior Managerial Personnel)
  • Effective Date: April 29, 2026 (closure of business hours)
  • Reason: Personal reasons

Organic Coatings Limited (531157)

  • Resignation: Mr. Dipakkumar Kantilal Kanabar resigned as Independent Director
  • Effective Date: April 27, 2026
  • Stated reason (per resignation letter): “no other material reasons… other than… personal commitments and other pre-occupation”

Raideep Industries Limited (540270)

  • Resignation (Independent Director): Ms. Parul Singh
  • Effective Date: close of business hours, April 28, 2026
  • Reason: personal exigencies
  • Appointment: Ms. Manshi Sharma as Additional Independent Director (Non-Executive)
  • Effective Date: April 29, 2026
  • Term: 5 years (to April 28, 2031), subject to shareholder approval
  • Board committees reconstituted effective April 29, 2026 (Audit/NRC/SRC)

India Tourism Development Corporation Limited (ITDC / 532189)

  • Appointment: Ms. Vandana Jain as Government Nominee Director (DIN yet to be obtained)
  • Effective Date: appointed as per Ministry of Tourism OM dated April 28, 2026 (intimation dated April 29, 2026)
  • Cessation: Ms. Ranjana Chopra ceased to be Director
  • Effective Date: consequent to the above appointment (as per intimation)

FGP Limited (FGP / 500142)

  • Re-appointment: Ms. Shweta Ratnakar Musale as Non-Executive Independent Director (second term)
  • Term: Nov 12, 2026 to Nov 11, 2031 (subject to shareholder approval)
  • Appointment: Mr. Pradeep Shashikant Pathare as Additional Non-Executive Independent Director
  • Term: May 12, 2026 to May 11, 2031 (subject to shareholder approval)

ITD Cementation India Limited / Cemindia Projects Limited (CEMPRO / 509496)

  • Appointment: Statutory Auditors
  • Auditor: Price Waterhouse Chartered Accountants LLP
  • Term: 5 years from conclusion of 48th AGM (2026) to conclusion of 53rd AGM (2031) (subject to shareholder approval)

4. Notable Company-Specific Situations (within-company signals)

Raideep Industries Limited (540270)

  • Clustered governance changes: Independent director resignation (Parul Singh) effective Apr 28, 2026, followed by appointment of another Independent director (Manshi Sharma) effective Apr 29, 2026, with committee reconstitution also effective Apr 29, 2026.

ELITECON International Limited (539533)

  • MD change on same day: Managing Director resignation effective Apr 29, 2026, alongside appointment of an Executive Additional Director effective Apr 29, 2026.

5. Reappointments / Extensions (Side Notes)

Mphasis Limited (MPHASIS)

  • CEO & MD re-appointment: Nitin Rakesh for 5 years from Oct 1, 2026 (shareholder approval pending).
  • Independent Director re-appointment: Maureen Anne Erasmus for 5 years from Dec 20, 2026 (second/final term; shareholder approval pending).

FGP Limited (500142)

  • Independent Director re-appointment: Shweta Ratnakar Musale for 5 years from Nov 12, 2026 (shareholder approval pending).

Odyssey Technologies Limited (530175)

  • Independent Director re-appointment: Ravi Srinivasan for 5 years from Nov 7, 2026 (shareholder approval pending).

Syngene International Limited (539268)

  • Additional Non-Executive Director extension: Vinita Bali for 1 year (Jul 22, 2026 – Jul 21, 2027).

Fino Payments Bank Limited (FINOPB)

  • Chief Risk Officer re-appointment: Aninda Mukherjee for 3 years (May 03, 2026 – May 02, 2029).

If you want, I can also provide a separate “resignations list” (all roles, not just CEO/CFO/MD/Chairman) for faster compliance tracking.