Daily Management Change Report (BSE filings – last 24 hours)
Critical Alerts (for-cause resignations/removals)
No “for cause” resignations/removals with governance/ethics/ethical-disagreement/mismanagement allegations were found in the provided filings.
Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
KSE Ltd. (KSE)
- Change: Appointment (Managing Director)
- Person: Mr. Dony Akkarakaran George (DIN: 09211623)
- Role: Managing Director
- Effective Date: 01 June 2026 (term 3 years; subject to shareholder approval)
- Context: Appointment approved by Board on 19 May 2026; redesignation from Whole-time Director (serving since 01 July 2025).
SPEL Semiconductor Ltd. (517166)
- Change: Removal (CFO)
- Person: Mr. Thiruvenkatachari Parthasarathy
- Role: Chief Financial Officer (CFO)
- Effective Date: 19 May 2026 (close of business hours)
- Context: “Removal due to continuous absence from office.”
HealthCare Global Enterprises Ltd. (HCG)
- Change: Appointment (CFO)
- Person: Mr. Sanjeev Kumar
- Role: Chief Financial Officer (CFO) & KMP
- Effective Date: 25 May 2026 (commencement of business hours)
- Context: Board approved on 19 May 2026; Dr. Manish Mattoo ceases to hold CFO role from the same date (he was interim CFO).
Speciality Restaurants Ltd. (534425)
- Change: Appointment (CEO)
- Person: Mr. Avik Chatterjee (DIN: 06452245)
- Role: Chief Executive Officer (CEO) (also Whole-Time Director)
- Effective Date: 01 June 2026
- Context: Board approved on 19 May 2026; CEO appointment from 1 June 2026.
Ace Alpha Tech Ltd. (544431)
- Change: Appointment (CFO)
- Person: Mr. Tejinder Singh
- Role: Chief Financial Officer (CFO)
- Effective Date: 19 May 2026
- Context: Board approved on 19 May 2026.
IDBI Bank Ltd. (IDBI)
- Change: Re-appointment (Deputy Managing Director)
- Person: Shri Jayakumar S. Pillai (DIN: 10041362)
- Role: Deputy Managing Director (DMD)
- Effective Date: 12 June 2026 (one-year term; subject to RBI approval)
- Context: Board approved on 19 May 2026.
PI Industries Ltd. (PIIND)
- Change: Appointment (Whole-time Director – Executive category)
- Person: Dr. Atul Kumar Gupta (DIN: 10087955)
- Role: Whole-time Director (Executive category; also described as CEO-CSM PI AgSciences)
- Effective Date: 19 May 2026 (term 3 years; subject to shareholder approval)
- Context: Board approved on 19 May 2026 as Additional Director, then recommended as Whole-time Director.
Transworld Shipping Lines Ltd. (520151)
- Change: Re-appointment (Executive Chairman)
- Person: Mr. Ramakrishnan Sivaswamy Iyer (DIN: 00057637)
- Role: Whole-time Director designated as Executive Chairman (KMP)
- Effective Date: 01 April 2027 (3-year term; subject to shareholder + Central Government approvals)
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Context: Board approved on 19 May 2026.
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Change: Re-appointment (Managing Director)
- Person: Capt. Milind Kashinath Patankar (DIN: 02444758)
- Role: Managing Director (KMP)
- Effective Date: 01 July 2027 (3-year term; subject to shareholder approvals)
- Context: Board approved on 19 May 2026.
Karnataka Bank Ltd. (KTKBANK)
- Change: Appointment (Executive Director / Whole-time Director)
- Person: Mrs. Biji Sreekrishnavilas Sankaranarayanan (DIN: 11534526)
- Role: Additional Director designated as Whole Time Director (Executive Director) & KMP
- Effective Date: from date of taking charge (3-year period); RBI approval received 13 May 2026
- Context: Board approved on 19 May 2026; subject to shareholder approval.
Om Power Transmission Ltd. (OMPOWER)
- Change: Appointment (COO)
- Person: Mr. Fenil Patel
- Role: Chief Operating Officer (COO) (Senior Management Personnel)
- Effective Date: 20 May 2026
- Context: Board approved on 19 May 2026.
Executive Management Changes (senior executives below CEO/CFO/COO)
BLS International Services Ltd. (540073)
- Appointment: Mr. Gaurav Aggarwal — President (Business Development) (Senior Management Personnel), effective 19 May 2026.
HealthCare Global Enterprises Ltd. (HCG)
- Appointment: Mr. Ravi Gothwal — AVP (Investor Relations) (Senior Management Personnel), effective 19 May 2026.
Shaily Engineering Plastics Ltd. (SHAILY)
- Appointment: Mr. Chi Hung Kam (Mr. Joe Kam) — Chief Operating Officer (Healthcare) as KMP, effective 20 May 2026.
Om Power Transmission Ltd. (OMPOWER)
- Appointment: Mr. Fenil Patel — COO (Senior Management Personnel), effective 20 May 2026. (COO already captured above; included here for completeness of “senior executive” framing.)
PI Industries Ltd. (PIIND)
- Designation: Dr. Marco Busch — designated as Senior Management Personnel (Global Chief Scientific Officer, PI AgSciences R&D), effective 19 May 2026.
Board / Director Changes (Independent / Non-executive / Additional)
HealthCare Global Enterprises Ltd. (HCG)
- Re-appointment: Mr. Rajiv Maliwal — Non-Executive Independent Director, second term 5 years, effective 25 May 2026 (subject to shareholders).
- Appointment: (Not in this filing set—only re-appointment captured; other director changes not specified as separate items.)
BLS International Services Ltd. (540073)
- Re-appointment: Mr. Ram Sharan Prasad Sinha (DIN: 00300530) — Non-Executive Independent Director, second term 5 years, commencing 17 Aug 2026 (subject to shareholders).
PI Industries Ltd. (PIIND)
- Resignation (from JMD role): Mr. Rajnish Sarna (DIN: 06429468) — resigned as Joint Managing Director effective 19 May 2026; continued as Non-Executive, Non-Independent Director from the same date.
- Retirement (not re-appointment): Mr. Arvind Singhal (DIN: 00092425) — intends not to seek re-appointment; will retire at ensuing AGM.
- Re-appointments (subject to shareholders):
- Mr. Rafael Del Rio Donoso (DIN: 08105128) — re-appointed as Non-Executive, Non-Independent Director (AGM subject).
- Mr. Shobinder Duggal (DIN: 00039580) — Independent Director, second term 5 years, from 12 Nov 2026 to 11 Nov 2031.
- Ms. Pia Singh (DIN: 00067233) — Independent Director, second term 5 years, from 03 Aug 2027 to 02 Aug 2032.
- Designation: Ms. Lisa J Brown — designated as Lead Independent Director (captured in filing narrative; no effective date stated in the excerpt beyond board approval).
Aditya Birla Sun Life AMC Ltd. (ABSLAMC)
- Appointment: Mr. Sushil Agarwal — Additional Director (Non-Executive), w.e.f. 20 May 2026 (subject to shareholders).
- Re-appointment: Mr. Sunder Rajan Raman — Independent Director, second term 5 years, 1 Jan 2027 to 31 Dec 2031.
- Re-appointment: Mr. Ramesh Abhishek — Independent Director, second term 5 years, 1 Jan 2027 to 31 Dec 2031.
Flex Foods Ltd. (523672)
- Re-appointment: Mr. Pradeep Narendra Poddar — Independent Director, second term 5 years, 21 Jul 2026 to 20 Jul 2031.
- Appointment: Mr. Paresh Nath Sharma — Additional Director (Independent), first term 3 years, 19 May 2026 to 18 May 2029.
Jay Shree Tea & Industries Ltd. (JAYSREETEA)
- Re-appointment: Mr. Vikram Swarup — Independent Director, second term 5 years, from 80th AGM (not liable to retire by rotation).
- Re-appointment: Mr. Vikash Kandoi — Whole-time Director designated as Executive Director, 3 years effective 1 Apr 2027 (subject to shareholders).
Anthem Biosciences Ltd. (ANTHEM)
- Continuation recommendation: Mr. Ravikant Uppal — Non-Executive Independent Director continuation upon attaining age 75 (subject to shareholders).
- Re-appointment recommendation: Mr. Ravindra Chandrappa — Whole Time Director re-appointment (subject to shareholders).
Karnataka Bank Ltd. (KTKBANK)
- Appointment: Mrs. Biji Sreekrishnavilas Sankaranarayanan — Additional Director designated as Whole Time Director (Executive Director) & KMP (subject to shareholders; RBI approval received).
BCPL Railway Infrastructure Ltd. (BCPL)
- Re-appointment: Mr. Ranajit Mondal (DIN: 06430495) — Non-Executive Independent Director, 5 years w.e.f. 14 Aug 2026 (till 13 Aug 2031; subject to shareholders).
Ace Alpha Tech Ltd. (544431)
- Board change: Alteration in AoA enabling simultaneous appointment of Chairman & MD and/or CFO (no director appointment beyond CFO captured).
Banswara Syntex Ltd. (503722)
- Appointment: Mr. Udeypaul Singh Gill — Additional Director, Non-Executive Independent, w.e.f. 20 May 2026 for 5 years (subject to shareholders).
- Re-appointments (subject to shareholders):
- Mr. Rakesh Mehra — Chairman & Whole-Time Director (term 1 Jan 2027 to 31 Dec 2029).
- Mr. Ravindrakumar Toshniwal — Vice-Chairman & Whole-Time Director (term 1 Jan 2027 to 31 Dec 2029).
- Mr. Shaleen Toshniwal — Managing Director (term 1 Jan 2027 to 31 Dec 2029).
KSE Ltd. (KSE)
- Board change: Managing Director appointment captured above (also a director role).
Notable Company-Specific Situations
SPEL Semiconductor Ltd. (517166)
- CFO removed on 19 May 2026 citing “continuous absence from office” (single, high-impact change within the filing set).
HealthCare Global Enterprises Ltd. (HCG)
- CFO transition: appointment of Sanjeev Kumar effective 25 May 2026, with Dr. Manish Mattoo ceasing CFO role the same date (planned handover).
PI Industries Ltd. (PIIND)
- Clustered board/leadership changes on 19 May 2026:
- JMD resignation/step-down (Rajnish Sarna) + continuation as Non-Executive director
- Multiple independent director re-appointments (subject to shareholders)
- Whole-time director appointment recommendation (Dr. Atul Kumar Gupta)
- Lead Independent Director designation (Lisa J Brown)
If you want, I can also provide a separate “appointments vs cessations” matrix (only for CEO/CFO/COO/Chairman/MD) for quick scanning.