Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
- None found in the provided filings. (No resignation text cited “for cause”/governance/ethics/mismanagement-related reasons.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
SIS Limited (SIS)
- Change: Appointment & redesignation
- Person: Mrs. Rita Kishore Sinha (DIN: 00945652)
- Role: Executive Director → Executive Chairperson
- Effective Date: May 1, 2026 (subject to shareholder approval)
- Context: Board approved based on Nomination & Remuneration Committee recommendation.
Sudarshan Pharma Industries Limited (SUDARSHAN)
- Change: Resignation (CFO)
- Person: Mr. Sachin Mehta
- Role: Chief Financial Officer (CFO)
- Effective Date: May 1, 2026
- Context: Resigned as CFO; to continue as Joint Managing Director.
Tamil Nadu Newsprint & Papers Limited (TNPL)
- Change: Appointment & retirement-linked cessation
- Person: Thiru Kumar Jayant, I.A.S.
- Role: Chairman & Managing Director (Full Additional Charge)
- Effective Date: April 30, 2026
-
Context: Appointed by Government of Tamilnadu (G.O. Rt. No. 1537 dated 30 April 2026); replaces outgoing MD on superannuation.
-
Change: Cessation
- Person: Dr. Sandeep Saxena, I.A.S.
- Role: Chairman & Managing Director
- Effective Date: April 30, 2026
- Context: Ceases on superannuation.
City Union Bank Limited (CUB)
- Change: Cessation (tenure completion)
- Person: Dr. N. Kamakodi (DIN: 02039618)
- Role: Managing Director & CEO
- Effective Date: April 30, 2026 (EOD)
- Context: Completion of 15-year tenure as per RBI (Commercial Banks – Governance) Directions, 2025.
Bharat Dynamics Limited (BDL)
- Change: Cessation (superannuation)
- Person: Cmde. A. Madhavarao (Retd.)
- Role: Chairman & Managing Director
- Effective Date: April 30, 2026 (after closing of office hours)
-
Context: Superannuation; additional charge assigned to successor.
-
Change: Additional charge appointment
- Person: Shri D. V. Srinivas Rao
- Role: Director (Technical) → additional charge as Chairman & Managing Director
- Effective Date: May 1, 2026 to July 31, 2026 (or earlier upon assumption by regular incumbent / further orders)
- Context: Assigned by Ministry of Defence letter dated 26.04.2026.
Hampton Sky Realty Limited (HAMPTON)
- Change: Resignation
- Person: Mrs. Ketki Gupta (DIN: 06814775)
- Role: Managing Director (designated as Joint Managing Director)
- Effective Date: April 30, 2026
- Context: Resigned due to newborn-related family responsibilities and health prioritization.
2. Executive Management Changes (below CEO/CFO/COO)
All Time Plastics Limited (ALLTIME)
- Resignation: Mr. Sanjeev Jain — Vice President – Operations
- Effective Date: May 5, 2026 (close of business hours)
- Context: “personal reasons and family commitments.”
Indian Bank (INDIANB)
- Assignment change (Senior Management):
- Shri Ganda Rajeswara Reddy — Chief General Manager – Estate / BOD / ES to MD & CEO and Secretary to Board
- Effective Date: May 1, 2026
-
Context: New assignment following prior role as Chief General Manager – Recovery.
-
Shri Deepak Gupta — Chief General Manager – CO: Corporate Credit
- Effective Date: May 1, 2026
-
Context: New assignment following prior role as General Manager – CO: Corporate Credit.
-
Cessation (Senior Management):
- Shri Sukh Sagar Prasad Roy — Chief General Manager – Estate / BOD / ES to MD & CEO and Secretary to Board
- Effective Date: April 30, 2026 (EOD)
- Context: Superannuation.
NHPC Limited (NHPC)
- Cessation (Senior Management):
- Shri Lalitendu Kumar — ED
- Effective Date: April 30, 2026 (EOD)
-
Context: Cessation on attaining superannuation age.
-
Shri Ram Swaroop — ED
- Effective Date: April 30, 2026 (EOD)
- Context: Cessation on attaining superannuation age.
Fractal Analytics Limited (FRACTAL)
- Appointments (Senior Management):
- Mr. Kunal Jain — Head AI Workforce Transformation (effective April 30, 2026)
- Mr. Suraj Amonkar — Chief AI Research Officer (effective April 30, 2026)
-
Mr. Matthew Gennone — additional role Chief Commercial Officer & CEO Cogentiq (effective April 30, 2026)
-
Role change / exit from Senior Management:
-
Ms. Raja Rajeswari Aradhyula — role revised from Chief Design Officer → Chief Advisor (AI Work & Workforce); ceases to be part of Senior Management effective April 30, 2026 (EOB)
-
Resignation:
- Mr. Shailendra Pratap Singh — Chief Growth Officer
- Effective Date: May 1, 2026 (close of business hours)
- Context: “personal reasons.”
Arvind Fashions Limited (ARVINDFASN)
- Resignation: Mr. Rohith Kumar A — Chief Human Resource Officer
- Effective Date: April 30, 2026 (close of business hours)
- Context: “personal reasons.”
Indus Towers Limited (INDUSTOWER)
- Board-level resignations noted (see Section 3). No additional executive changes disclosed in the provided text.
3. Board / Director Changes (Independent / Non-executive / Additional)
Indus Towers Limited (INDUSTOWER)
- Appointment: Mr. Randeep Singh Sekhon (DIN: 08306391) — Additional Director (Non-Executive, Non-Independent)
- Effective Date: May 1, 2026
-
Context: Board appointment on recommendation of HR & Nomination & Remuneration Committee.
-
Resignation: Mr. Gopal Vittal (DIN: 02291778) — Non-Executive, Non-Independent Director
- Effective Date: April 30, 2026
-
Stated reason: “due to professional pre-occupations” (and “no other material reasons”).
-
Resignation: Mr. Jagdish Saksena Deepak (DIN: 02194470) — Non-Executive, Non-Independent Director
- Effective Date: April 30, 2026
- Stated reason: “certain professional reasons.”
PTC India Limited (PTC)
- Cessation: Shri Mohammad Afzal (DIN: 09762315) — Nominee Director (Ministry of Power)
- Effective Date: April 30, 2026
-
Context: “Ceased to be associated with Ministry of Power (nominating authority).”
-
Cessation: Shri Rajiv Ranjan Jha (DIN: 03523954) — Nominee Director (Power Finance Corporation Limited)
- Effective Date: May 1, 2026
- Context: “superannuation from the Power Finance Corporation Limited (nominating company).”
Mazagon Dock Shipbuilders Limited (MAZDOCK)
- Appointment: Shni Dinesh Mahur (DIN: 10862645) — Government Nominee Part-Time Official Director
- Effective Date: April 30, 2026 (w.e.f.)
-
Context: Appointment based on MoD/Defence Production letter dated 27 April 2026.
-
Cessation: Shri Rajeev Prakash (DIN: 08590061) — Government Nominee Part-Time Official Director
- Effective Date: April 30, 2026
- Context: “Withdrawal of Nomination by Ministry of Defence, Government of India.”
SIS Limited (SIS) (board-related items disclosed in same filing)
- Appointment: Dr. Onkar Sharma (DIN: 11462580) — Independent Director (Non-Executive, Independent)
- Effective Date: January 29, 2026 (2-year term)
-
Context: Approved via postal ballot (special resolution).
-
Re-appointment: Mr. Deepak Kumar (DIN: 02568053) — Independent Director (second term)
- Effective Date: June 27, 2026 (2-year term)
-
Context: Approved via postal ballot (special resolution).
-
Board-level appointment/redesignation (Chair): Mrs. Rita Kishore Sinha (DIN: 00945652) — Executive Chairperson (covered in Section 1).
Great Eastern Shipping Company Limited (GESHIP)
- Re-appointment: Mrs. Bhavna Doshi — Independent Director (second term)
- Effective Date: May 12, 2026 to October 25, 2030
- Context: Postal ballot special resolution passed on April 30, 2026.
Tamil Nadu Newsprint & Papers Limited (TNPL)
- Board-level change: Government appointment of new Chairman & MD (covered in Section 1); outgoing MD ceases on superannuation (covered in Section 1).
4. Notable Company-Specific Situations (within-company clustering)
National Peroxide Limited / Naperol Investments Limited (544205 / 500298)
- Multiple KMP/board-adjacent changes across related entities in the same reporting set:
- National Peroxide Limited (544205): Interim CFO & CRO stepping down (May 31, 2026) and appointment of Chirag Kothari as CFO & CRO (June 1, 2026).
- Naperol Investments Limited (500298): Resignation of Chirag Kothari as Manager & KMP effective May 31, 2026; appointment of Jui Masurkar as Company Secretary & Compliance Officer & KMP effective April 30, 2026.
- Why notable: coordinated transitions of the same individual (Chirag Kothari) across two listed entities.
PTC India Limited (PTC)
- Two nominee director cessations (Mohammad Afzal on Apr 30; Rajiv Ranjan Jha on May 1) due to nominating authority changes/superannuation.
5. Reappointments / Extensions (side notes)
- Great Eastern Shipping Company Limited (GESHIP): Re-appointment of Mrs. Bhavna Doshi as Independent Director for second term (May 12, 2026–Oct 25, 2030), via postal ballot passed April 30, 2026.
- SIS Limited (SIS): Re-appointment of Mr. Deepak Kumar as Independent Director for second term (effective June 27, 2026).