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Management Changes

SKF India appoints new CFO as interim CFO exits

May 14, 2026 3 mins read Firehose Gupta

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

Critical Alerts (for-cause resignations)

No “for cause” resignations were found in the provided filings.


Key Leadership Changes (CEO/CFO/COO/Chairman/MD)

SKF India Limited (SKFINDIA)

  • Change: Appointment (CFO)
  • Person: Mr. Mayank Holani
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 14 May 2026
  • Context: Appointed in place of Ms. Aashi Arora (current CFO) whose interim assignment concluded and she resigned.

Executive Management Changes (below CEO/CFO/COO)

SKF India Limited (SKFINDIA)

  • Appointment: Mr. Prahlada GirishKumar as part of Senior Management Team
  • Role: Head – Strategy and Special Projects
  • Effective Date: 14 May 2026
  • Context: Board approved appointment to Senior Management Team.

UC Housing Finance Limited (LICHSF)

  • Appointment: Shri Sandeep Kumar
  • Role: Chief Operating Officer (COO)
  • Effective Date: 13 May 2026
  • Context: Board approved changes in Senior Management Personnel.

Hindustan Copper Limited (HINDCOPPER)

  • Appointment/Designation: Shri Purshotam Das Bohra
  • Role: Unit Head, Khetri Copper Complex (designated from GM (Mining))
  • Effective Date: 13 May 2026
  • Context: Approved by Board via circulation resolution.

Inventurus Knowledge Solutions Limited (IKS)

  • Change: Reclassification of SMP status (Senior Management Personnel)
  • Person: Saransh Mundra
  • Role: (Previously classified as SMP; remains in organization for investor relations)
  • Effective Date: 14 May 2026
  • Context: “will no longer be classified as Senior Management Personnel… He remains an integral part… responsible for investor relations.”

Board / Director Changes

Life Insurance Corporation of India (LICI)

  • Appointment: Shri Sanjay Lohiya (DIN: 07151125)
  • Role: Government Nominee Director
  • Effective Date: 13 May 2026 (until further orders)
  • Context: Central Government nomination in place of Ms. Shalini Pandit.

  • Resignation/Cessation: Ms. Shalini Pandit (DIN: 07780142)

  • Role: Government Nominee Director
  • Effective Date: 13 May 2026
  • Context: Ceases as Government Nominee Director per Government notification.

Signatureglobal (India) Limited (SIGNATURE)

  • Appointment: Mr. Bharat Bhushan (DIN: 03199591)
  • Role: Additional Director, Non-Executive Independent
  • Effective Date: 13 May 2026
  • Context: First term of 5 years, subject to member approval.

Bharti Airtel Limited (BHARTIARTL / AIRTELPP)

  • Re-appointment: Mr. Sunil Bharti Mittal (DIN: 00042491)
  • Role: Chairman (executive capacity)
  • Effective Date: 01 Oct 2026
  • Context: Re-appointment for further 5 years, subject to member approval.

  • Re-appointment: Ms. Nisaba Godrej (DIN: 00591503)

  • Role: Independent Director
  • Effective Date: 04 Aug 2026
  • Context: Second term of 5 years, subject to member approval.

Om Freight Forwarders Limited (OMFREIGHT)

  • Appointment: Mr. Keval M. Shah (DIN: 07649694)
  • Role: Additional Director, Non-Executive Independent
  • Effective Date: 13 May 2026
  • Context: Term of 5 years, subject to member approval.

Notable Company-Specific Situations (within-company clustering)

SKF India Limited (SKFINDIA)

  • Clustered CFO transition:
  • Ms. Aashi Arora resigned as Interim CFO effective 14 May 2026 (resignation due to conclusion of interim assignment and role change).
  • Mr. Mayank Holani appointed as CFO effective 14 May 2026 (same effective date).

Reappointments / Extensions (side notes)

Redington Limited (REDINGTON)

  • Re-appointment: Mr. S V Krishnan (DIN: 07518349)
  • Role: Whole-time Director designated as Finance Director
  • Effective Date: 13 May 2026
  • Term: 5 years (to 12 May 2031), subject to member approval.

Bharti Airtel Limited (BHARTIARTL / AIRTELPP)

  • Re-appointment: Chairman and Independent Director (as detailed above).

Executive/Key Managerial Resignations (non-for-cause)

Lotus Chocolate Company Limited (LOTUSCHOC)

  • Person/Role: Mr. S Gautham, CFO & KMP
  • Nature: Resignation
  • Effective/Relieved: Resigned May 01, 2026; relieved close of business hours on May 13, 2026
  • Stated Reason: “to explore opportunities outside the Company.”

SKF India Limited (SKFINDIA)

  • Person/Role: Ms. Aashi Arora, Interim CFO & KMP
  • Nature: Resignation
  • Effective Date: 14 May 2026
  • Stated Reason (tight summary): “conclusion of her interim assignment and change in role in the organization.”