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Management Changes

Avanti Feeds CFO Succession Effective June 1, 2026

May 29, 2026 3 mins read Firehose Gupta

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

0. Critical Alerts (Highest Priority)

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


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

Avanti Feeds Limited (512573)

  • Change: Appointment (re-appointment)
  • Person: Dr. A. Indra Kumar
  • Role: Chairman & Managing Director (MD)
  • Effective Date: 01 July 2026
  • Context: Re-appointed for 5 years (01.07.2026 to 30.06.2031).

Avanti Feeds Limited (512573)

  • Change: Appointment (re-appointment)
  • Person: Sri C. Ramachandra Rao
  • Role: Joint Managing Director (JMD)
  • Effective Date: 01 April 2027
  • Context: Re-appointed for 5 years (01.04.2027 to 31.03.2032).

Avanti Feeds Limited (512573)

  • Change: Resignation / relinquishment (CFO role)
  • Person: Sri C. Ramachandra Rao
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 01 June 2026 (responsibilities relinquished; handover)
  • Context: “As a part of succession planning” (CFO responsibilities handed over).

Avanti Feeds Limited (512573)

  • Change: Appointment
  • Person: Mrs. B. Santhi Latha
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 01 June 2026
  • Context: Elevated from GM (Finance & Accounts) as part of succession planning.

String Metaverse Limited (534535)

  • Change: Resignation
  • Person: Mr. Ghanshyam Dass
  • Role: Chairman & Non-Executive Non-Independent Director
  • Effective Date: 28 May 2026
  • Context: Resigned “due to personal reasons”.

H.G. Infra Engineering Limited (541019)

  • Change: Re-appointment
  • Person: Mr. Harendra Singh
  • Role: Managing Director (MD)
  • Effective Date: 15 May 2027
  • Context: Re-appointed for 5 years (15.05.2027 to 14.05.2032), subject to shareholder approval.

H.G. Infra Engineering Limited (541019)

  • Change: Re-appointment
  • Person: Mr. Vijendra Singh Choudhary
  • Role: Whole-Time Director (not CEO/CFO/COO/Chairman/MD; excluded from Key Leadership list per your rules)

Updater Services Limited (543996)

  • Change: Re-appointment
  • Person: Mr. Raghunandana Tangirala
  • Role: Managing Director & Chairperson
  • Effective Date: 01 January 2027
  • Context: Re-appointed for 5 years.

ITI Limited (523610)

  • Change: Extension of additional charge
  • Person: Shri Rajesh Rai
  • Role: Director (HR) (additional charge)
  • Effective Date: 28 May 2026
  • Context: Extension of additional charge for 3 months (or until regular incumbent/earliest).

Veritas (India) Limited (512229)

  • Change: Re-appointment
  • Person: Mr. Paresh Merchant
  • Role: Managing Director
  • Effective Date: 28 December 2026
  • Context: Re-appointed for 3 years, subject to shareholder approval.

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

No qualifying executive (non-core) appointments/resignations were clearly specified in the provided set, except CFO succession already captured above.


3. Board / Director Changes (Independent / Non-Executive / Additional Directors)

Mitsu Chem Plast Limited (540078)

  • Appointment: Mr. Ajit Eledath Venugopalan
  • Role: Additional Director (Non-Executive, Independent)
  • Effective Date: 28 May 2026
  • Context: Term of 5 years, subject to shareholder approval.
  • Re-appointment: Mr. Hasmukh Bhavanji Dedhia
  • Role: Independent Director
  • Effective Date: 01 June 2026
  • Context: Second term of 5 years, subject to shareholder approval.
  • Resignation/Retirement (not “resignation” but completion): Mr. Dilip Khushalchand Gosar
  • Role: Independent Director
  • Effective Date: 12 June 2026 (closure of business hours)
  • Context: Completion of second term.

Golden Legand Leasing & Finance Limited (509024)

  • Appointment: Mr. Ashish Anand
  • Role: Additional Non-Executive Independent Director
  • Effective Date: 28 May 2026
  • Context: First term of 5 years (subject to shareholder approval).

4. Notable Company-Specific Situations

Avanti Feeds Limited (512573)

  • CFO succession executed via role relinquishment + elevation:
  • CFO responsibilities relinquished by C. Ramachandra Rao and B. Santhi Latha elevated as CFO effective 01 June 2026 (succession planning).

String Metaverse Limited (534535)

  • Chairman exit:
  • Ghanshyam Dass resigned as Chairman & Non-Executive Non-Independent Director effective 28 May 2026 (personal reasons).

5. Reappointments / Extensions (Side Notes)

(Only where explicitly stated in filings; already covered above where applicable.)
ITI Limited: extension of additional charge for Director (HR) for 3 months from 28 May 2026.
Veritas (India) Limited: MD re-appointment for 3 years from 28 Dec 2026 (shareholder approval pending).
H.G. Infra Engineering Limited: MD and WTD re-appointments for 5 years from 15 May 2027 (shareholder approval pending).
Updater Services Limited: MD & Chairperson re-appointment for 5 years from 01 Jan 2027.


If you want, I can also produce a separate “Internal Auditor / Secretarial Auditor / Cost Auditor appointments” table (many filings in this batch are auditor-related, but they’re outside your leadership/director-change scope).