Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
No “for cause” resignations were explicitly stated in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
MPF Systems Limited (MPFSL)
- Change: Appointment (Managing Director)
- Person: Mr. Parshottambhai Premjibhai Rupareliya (DIN: 02944037)
- Role: Managing Director
- Effective Date: 20.06.2026
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Context: Board appointment (subject to shareholder approval)
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Change: Resignation
- Person: Mr. Sharang Amar Sharma (DIN: 11428567)
- Role: Managing Director
- Effective Date: 20.06.2026 (w.e.f. close of business hours)
- Context: “Personal and professional reasons”
2. Executive Management Changes (below CEO/CFO/COO)
Avance Technologies Ltd. (AVANCE)
- Resignation: Mr. Vijay Purohit
- Role: Chief Financial Officer (CFO) & Key Managerial Personnel
- Effective Date: Close of business hours on 20.06.2026
- Context: “Due to preoccupation with personal and professional commitments”
Onelife Capital Advisors Limited (ONELIFECAP)
- Resignation: Mr. Satish Kumar
- Role: Chief Financial Officer (CFO) (KMP)
- Effective Date: Close of business hours on 20.06.2026
- Context: “Pre-occupation and personal reasons”
Utkarsh Small Finance Bank Limited (UTKARSHBNK)
- Resignation/Relinquishment: Mr. Sarjukumar Pravin Simaria
- Role: Chief Financial Officer (CFO)
- Effective Date: Close of business hours on 20.06.2026
- Context: Stepping down due to RBI-approved appointment as Whole Time Director
Waaree Energies Ltd. (WAAREEENER)
- Resignation: Mr. Sanjeev Pushkarna
- Role: Chief Procurement Officer (SMP)
- Effective Date: Resigned with effect from close of business hours on 19.06.2026
- Context: Resignation reason stated in attached letter (not reproduced in filing text)
The Sandesh Limited (SANDESH)
- Resignation/Cessation (SMP): Ms. Sripradha More
- Role: Senior Manager – HR (Senior Management Personnel)
- Effective Date: 20.06.2026 (from close of business hours)
- Context: Resignation tendered on 04.05.2026
Oswal Pumps Limited (OSWALPUMPS)
- Resignation: Mr. Subodh Kumar
- Role: Chief Financial Officer (CFO)
- Effective Date: Close of business hours on 20.06.2026
- Context: Resigned “to pursue opportunities outside the Company”
3. Board / Director Changes
Pearl Global Industries Limited (PGIL)
- Resignation/Cessation: Ms. Neha Khanna (DIN: 03477800)
- Role: Independent Director (and Audit/NRC/Risk Committee member)
- Effective Date: Close of business hours on 20.06.2026
- Context: “Cessation due to completion of tenure as an Independent Director”
Utkarsh Small Finance Bank Limited (UTKARSHBNK)
- Appointment: Mr. Sarjukumar Pravin Simaria (DIN: 02436025)
- Role: Additional Director, Whole Time Director (Executive Director)
- Effective Date: 22.06.2026
- Context: RBI-approved appointment (3-year term; subject to shareholder approval)
MPF Systems Limited (MPFSL)
- Appointment: Mr. Narendrakumar Laxmanbhai Raval (DIN: 11019124)
- Role: Additional Director (Non-Executive Independent)
- Effective Date: 20.06.2026
- Context: Board appointment
Central Bank of India (CENTRALBK)
- Appointment: Shri Chandradeep Kumar Jha
- Role: Director (Government Nominee)
- Effective Date: 19.06.2026 (until further orders)
- Context: Central Government nomination in place of Shri Baldeo Purushartha
Decillion Finance Ltd. (Decillion Finance)
- Resignation: Mrs. Priyanka Mohta (DIN: 08853818)
- Role: Non-Executive Non-Independent Director
- Effective Date: Close of business hours on 20.06.2026
- Context: “Pre-occupation with other assignments” (as stated in resignation)
Switching Technologies Gunther Limited (517201)
- Resignation: Mr. C. Chandrachudan (DIN: 09312268)
- Role: Managing Director
- Effective Date: 20.06.2026
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Context: Resigned as Managing Director; consented to continue as Director
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Resignation: Mr. K. Mani (DIN: 09267134)
- Role: Executive Director
- Effective Date: 20.06.2026
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Context: Resigned as Executive Director due to personal reasons
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Resignation: Mrs. Saimathy Soupramanien (DIN: 07657046)
- Role: Independent Director
- Effective Date: 20.06.2026
- Context: “Personal reasons”
Power Mech Projects Limited (POWERMECH)
- Appointment: Mrs. Vasundhara Sinha (DIN: 11566123)
- Role: Additional Director (Non-Executive Independent)
- Effective Date: 20.06.2026
- Context: Board approval via circular resolution; 2-year first term (subject to shareholder approval)
Vellora Impact Limited (formerly Pratiksha Chemicals Limited) (531257)
- Appointment: Ms. Priya Nitinkumar Tomar (DIN: 11695065)
- Role: Additional Non-Executive Non-Independent Director
- Effective Date: 01.05.2026
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Context: Board approval (as per filing reference)
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Resignation: Mr. Kalpesh Kamani (DIN: 11366816)
- Role: Non-Executive Non-Independent Director
- Effective Date: 01.05.2026
- Context: Resignation (no additional “material reasons” stated beyond confirmation)
Maithan Alloys Limited (MAITHANALL)
- Resignation/Cessation: Mr. Vivek Kaul (DIN: 00345022)
- Role: Independent Director
- Effective Date: Close of business hours on 19.06.2026
- Context: Stepped down “upon completion of his second term as an Independent Director”
Gujarat State Financial Corporation (532160)
- Appointment: Mrs. Mayaben M. Dabhi
- Role: Director (nominee)
- Effective Date: Assumed office on 20.06.2026 (BN)
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Context: Government nomination in place of Smt. Ankitaben R Christian
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Cessation: Smt. Ankitaben R Christian
- Role: Director
- Effective Date: 19.06.2026 (AN)
- Context: Ceased due to replacement
SK Minerals & Additives Limited (SKM)
- No director change in the provided filing (it is EGM proceedings).
4. Notable Company-Specific Situations
MPF Systems Limited (MPFSL)
- Clustered leadership transition on the same date: MD resignation (Sharang Amar Sharma) and MD appointment (Parshottambhai Premjibhai Rupareliya) both effective 20.06.2026, alongside appointment of an Independent Director (Narendrakumar Laxmanbhai Raval).
Utkarsh Small Finance Bank Limited (UTKARSHBNK)
- Simultaneous CFO relinquishment and Whole Time Director appointment for the same person (Sarjukumar Pravin Simaria) effective around 20–22 June 2026.
5. Reappointments / Extensions (side notes)
Creative Eye Limited (CREATIVEYE)
- Re-appointment: M/s. N.V. Pechetti & Co. (FRN: 135139W)
- Role: Internal Auditors
- Term: FY 2026–27
- Context: Re-appointed (served in FY 2025–26)
Pace Digitek Limited (PACEDIGITK)
- Re-appointment: M/s. Sundaram & Srinivasan, Chartered Accountants
- Role: Internal Auditors
- Term: FY 2026–27
- Context: Re-appointed
If you want, I can also provide a separate table of all CFO resignations (CFO-only view) from these filings.