Daily Management Changes Report (Last 24 hours)
0. Critical Alerts (for-cause resignations)
No filings in the provided set contained resignations “for cause” with governance/ethical/mismanagement-type reasons. (Most cited reasons were personal commitments, age/health priorities, or role changes.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Grovy India Limited (NSE: GROVY / BSE: 539522)
- Change: Appointment (MD & Chairperson) / Cessation (CEO) / Cessation & Appointment (CFO)
- Person: Mr. Prakash Chand Jalan
- Role: Managing Director & Chairperson
- Effective Date: June 12, 2026
- Context: Appointed for 5 years, subject to shareholder approval.
- Person: Mr. Nishit Jalan
- Role: Whole-time Director & Chief Executive Officer (CEO)
- Change: Cessation
- Effective Date: June 12, 2026
- Context: Board approved cessation; simultaneously appointed as CFO (KMP).
- Person: Mr. Nishit Jalan
- Role: Chief Financial Officer (CFO)
- Change: Appointment
- Effective Date: June 12, 2026
- Context: Appointed as CFO (KMP) after cessation as CEO.
- Person: Mr. Ankur Jalan
- Role: Chief Financial Officer (CFO)
- Change: Cessation
- Effective Date: June 12, 2026
- Context: Board approved cessation; appointed as Non-Executive Director (not a key role).
RBL Bank Limited (NSE: RBLBANK / BSE: 540065)
- Change: Appointment (CFO)
- Person: Mr. Bhavin Lakhpatwala
- Role: Chief Financial Officer (CFO) & KMP
- Effective Date: June 12, 2026
- Context: Appointed as CFO & KMP; Mr. Deepak Ruiya to cease as KMP and continue as Deputy CFO.
2. Executive Management Changes (below CEO/CFO/COO)
J.B. Chemicals & Pharmaceuticals Limited (BSE: 506943)
- Resignation: Mr. Bhushan Sachdev
- Role: Executive Vice President – Supply Chain Management
- Effective Date: Closing of business hours, June 12, 2026
- Context: Resignation (cessation disclosed).
Campus Activewear Limited (NSE: CAMPUS / BSE: 543523)
- Resignation: Mr. Sanjay Chhabra
- Role: Chief Financial Officer (CFO) & KMP
- Effective Date: Close of business hours, July 7, 2026
- Context: Company states it is in process of appointing a new CFO.
IRM Energy Limited (NSE: IRMENERGY / BSE: 544004)
- Appointment: Mr. Ashish Maheshwari
- Role: Director of Finance (Non-Board Member) / designated as Director–Finance (Senior Management Personnel)
- Effective Date: June 12, 2026
- Context: Appointment as SMP.
Shriram Asset Management Company Limited (BSE: 531359)
- Re-designation: Mr. Ketankumar Shah
- Role: Fund Manager & Additional Employee → Principal Officer (PMS Division) (SMP)
- Effective Date: June 15, 2026
- Appointment: Mr. Hitesh Savanth
- Role: Senior Fund Manager (Mutual Fund business) (SMP)
- Effective Date: June 15, 2026
Gillette India Limited (NSE: GILLETTE / BSE: 507815)
- Appointment (category leadership): Mr. Girish Kalyanaraman
- Role: VP & Category Leader for Grooming and Oral Care Business
- Effective Date: July 1, 2026
- Context: Takes over from Kapil Sharma (Grooming) and Shailesh Sathyanarayanan (Oral Care) effective June 30, 2026.
Procter & Gamble Hygiene and Health Care Limited (NSE: — / BSE: 500459)
- Appointment (category leadership): Mr. Mohit Pradhan
- Role: VP & Category Leader for Feminine Hygiene Business
- Effective Date: August 1, 2026
- Context: Takes over from Girish Kalyanaraman effective July 1, 2026.
Gujarat Narmada Valley Fertilizers & Chemicals Limited (NSE: GNFC / BSE: 500670)
- Re-engagement: Mr. Pankaj Kanaiyalal Purohit
- Role: Executive Director
- Effective Date: June 12, 2026
- Context: Re-engaged on fixed-term contractual basis for 6 months, extendable by another 6 months (subject to MD approval).
Grovy India Limited (NSE: GROVY / BSE: 539522)
- (Covered above under key leadership; CFO/CEO changes are part of executive management restructuring.)
3. Board / Director Changes (Independent / Non-Executive / Additional)
Sasken Technologies Limited (BSE: 532663 / NSE: SASKEN)
- Appointment: Mr. V. Suryanarayanan (DIN: 05187922)
- Role: Additional Director (Independent)
- Effective Date: June 12, 2026
- Context: Term up to 5 consecutive years, subject to shareholder approval at 38th AGM.
Praxis Home Retail Limited (BSE: 540901 / NSE: PRAXIS)
- Appointment: Mr. Rahul Gambhir (DIN: 02965566)
- Role: Additional Independent Director
- Effective Date: June 13, 2026
- Context: Term 5 years, subject to shareholder approval.
- Appointment: Mr. Chetranda Somanna Muddaiah (DIN: 11765478)
- Role: Additional Independent Director
- Effective Date: June 13, 2026
- Context: Term 5 years, subject to shareholder approval.
Mitsu Chem Plast Limited (BSE: 540078)
- Resignation/Cessation (retirement): Mr. Dilip Khushalchand Gosar (DIN: 07514842)
- Role: Non-Executive Independent Director
- Effective Date: Close of business hours, June 12, 2026
- Context: Completion of second consecutive term.
Nilachal Carbo Metalicks Limited (BSE: 544510)
- Resignation: Mr. Lala Tarun Prakash Narayan (DIN: 10397955)
- Role: Independent Director
- Effective Date: June 11, 2026
- Context: Resignation mail states no other material reasons; cited as personal/professional commitments.
Entero Healthcare Solutions Limited (BSE: 544122 / NSE: ENTERO)
- Resignation: Mr. Kevin Rohitbhai Daftary (DIN: 10637792)
- Role: Nominee Director (Prasid Uno Family Trust)
- Effective Date: June 12, 2026 (immediate)
- Context: Resignation due to increase in professional responsibilities and commitments.
Ishaan Infrastructures and Shelters Limited (BSE: 540134)
- Appointment: Mr. Prakash Chand Bokaria (DIN: 00432792)
- Role: Additional Director, designated as Executive Director
- Effective Date: June 12, 2026
- Context: Board approval via meeting outcome.
Bright Outdoor Media Limited (BSE SME: 543831)
- Appointment: Ms. Kajal A Avalani (DIN: 11765598)
- Role: Additional Director (Independent Non-Executive)
- Effective Date: June 12, 2026
- Context: Tenure 5 years, subject to shareholder approval.
Axel Polymers Limited (BSE: 513642)
- Appointment: Mr. Yogesh Keshariya (DIN: 07063024)
- Role: Additional Director (Non-Executive Independent)
- Effective Date: June 12, 2026
- Context: Term 3 years, subject to shareholder approval.
Kirloskar Ferrous Industries Limited (BSE: 500245)
- Co-option/Appointment: Mrs. Pallavi Gokhale (DIN: 00036369)
- Role: Additional Director (Non-Executive Independent)
- Effective Date: June 12, 2026
- Context: Co-opted as Additional Director.
Starlog Enterprises Limited (BSE: 520155)
- Resignation: Mr. Seshadri (DIN: 08449681)
- Role: Independent Director
- Effective Date: June 12, 2026
- Context: Resignation due to age and health priorities.
Adline Chem Lab Limited (BSE: 524604)
- Resignation: Mr. Him Vyas (DIN: 11147259)
- Role: Independent Director
- Effective Date: June 12, 2026
- Context: Pre-existing personal commitments and unexpected professional constraints.
- Resignation: Mr. Krish Patel (DIN: 11147245)
- Role: Independent Director
- Effective Date: June 12, 2026
- Context: Same stated reasons as above.
United Spirits Limited (BSE: 532432 / NSE: UNITDSPR)
- Appointment: Mr. Vinod Rao (DIN: 01788921)
- Role: Additional Director (Non-Executive Independent)
- Effective Date: June 13, 2026
- Context: Term 3 years, subject to shareholder approval.
Bright Outdoor Media Limited (BSE SME: 543831)
- (Covered above.)
Grovy India Limited (BSE: 539522)
- Appointment: Mr. Ankur Jalan
- Role: Non-Executive Director
- Effective Date: June 12, 2026
- Context: Appointed after cessation as CFO; liable to retire by rotation (subject to shareholder approval).
4. Notable Company-Specific Situations (within-company clustering)
Grovy India Limited (BSE: 539522)
- Clustered leadership reshuffle on the same date (June 12, 2026):
- MD & Chairperson appointment (Prakash Chand Jalan)
- CEO (Nishit Jalan) cessation
- CFO (Nishit Jalan) appointment
- CFO (Ankur Jalan) cessation
- Ankur Jalan appointed as Non-Executive Director
5. Reappointments / Extensions (side notes)
Archean Chemical Industries Limited (NSE: ACI / BSE: 543657)
- Re-appointment (Statutory Auditors): M/s. PKF Sridhar & Santhanam LLP
- Term: 4 years from conclusion of 17th AGM (until conclusion of 21st AGM, year 2030)
- Re-appointment (Independent Directors):
- Mr. Kandheri Munuswamy Mohandass (DIN: 00707839): Independent Director, 5 years (Dec 06, 2026–Dec 05, 2031)
- Mr. Chittoor Ghatambu Sethuram (DIN: 01081951): Independent Director, 5 years (Dec 06, 2026–Dec 05, 2031)
Cochin Malabar Estates & Industries Limited (BSE: 508571)
- Re-appointment: Mr. Chandra Prakash Sharma (DIN: 00258646)
- Role: Wholetime Director (KMP)
- Term: 3 years (June 15, 2026–June 14, 2029), subject to shareholder approval
If you want, I can also provide a one-line per company “net change” summary (appointment vs cessation) for faster scanning.