Daily Management Changes Report (BSE filings – last 24 hours)
0. Critical Alerts (Highest Priority)
No “for cause” resignations (i.e., resignation reasons indicating governance/ethical/mismanagement or lack of access to information) were explicitly stated in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)
Life Insurance Corporation of India (LICI)
- Change: Appointment / re-designation (C-suite compliance role)
- Person: Shri Jayasimhan Madabhushi Matam Tirumala
- Role: Chief Compliance Officer (KMP) (re-designated from Executive Director (Board & Secretarial/Regulatory Compliance))
- Effective Date: June 24, 2026
- Context: Board approved appointment as Chief Compliance Officer, subject to IRDAI approval.
Majestic Auto Limited (500267)
- Change: Resignation (CFO)
- Person: Mr. Ajay Kumar
- Role: Chief Financial Officer (CFO) / KMP
- Effective Date: Relieved close of business hours, June 24, 2026 (resignation accepted June 08, 2026)
- Context: Resignation stated as “personal reasons.”
RDB Real Estate Constructions Limited (544346)
- Change: Resignation (CFO)
- Person: Mr. Harsh Jhunjhunwala
- Role: Chief Financial Officer (CFO) / KMP
- Effective Date: Immediate effect (June 24, 2026)
- Context: Resignation due to “personal and professional commitments.”
2. Executive Management Changes (senior executives below CEO/CFO/COO)
Indo Count Industries Limited (ICIL)
- Resignation: Mr. Bijay Agarwal — Head – Accounts & Finance (Senior Management Personnel)
- Effective Date: Close of business hours, September 22, 2026
- Context: Personal reasons
IDream Film Infrastructure Company Limited (504375)
- Appointment: Mr. Jaswinder Singh — Chief Financial Officer (CFO)
- Effective Date: July 1, 2026
- Context: Appointment due to restructuring of Board of Directors pursuant to takeover
- Appointment: Mr. Yung Kug Kim — Chief Executive Officer (CEO)
- Effective Date: July 1, 2026
- Context: Appointment due to restructuring of Board of Directors pursuant to takeover
- Cessation: Ms. Nirali Pankaj Mehta — Company Secretary & Compliance Officer
- Effective Date: Close of business hours, June 24, 2026
- Context: Change in management pursuant to takeover (as stated in resignation reasons)
- Cessation: Mr. Umesh Keshav Bhise — Chief Financial Officer (CFO)
- Effective Date: Close of business hours, June 24, 2026
- Context: Change in management pursuant to takeover (as stated in resignation reasons)
- Appointment: Ms. Santosee Narayan Majhi — Company Secretary & Compliance Officer
- Effective Date: June 24, 2026
- Context: Board restructuring pursuant to takeover
Kabra Extrusiontechnik Limited (KABRAEXTRU / 524109)
- Resignation: Mr. Arnab Saha — Head – Strategy and Alliances (Senior Management Personnel)
- Effective Date: Close of business hours, June 23, 2026
- Context: Resignation to pursue external opportunity (no other material reason stated)
Centenial Surgical Suture Ltd. (531380)
- Retirement/Cessation: Mr. Sanjay Sohani — President – Production (Senior Management Personnel)
- Effective Date: Close of business hours, June 20, 2026
- Context: Retirement
Manoj Jewellers Limited (544400)
- Appointment: Mr. Sunil Shantilal — Chief Financial Officer (CFO)
- Effective Date: June 24, 2026
- Context: Board approved appointment (alongside rights issue consideration)
Vivo Bio Tech Limited (511509)
- Resignation: Mr. A V Kiran — Company Secretary & Compliance Officer
- Effective Date: June 24, 2026
- Context: Resignation to pursue alternate career opportunities outside the organization
- Appointment: Mr. Bhavish Vijayvargiya — Company Secretary & Compliance Officer (and Compliance Officer)
- Effective Date: June 24, 2026
- Context: Appointment as CS and Compliance Officer
3. Board / Director Changes
Garware Hi-Tech Films Limited (500655)
- Resignation (Independent Director): Ms. Devanshi H. Nanavati (DIN: 08770422)
- Effective Date: Close of business hours, June 24, 2026
- Context: Completion of second term as Independent Director
- Appointment (Independent Director): Ms. Sonali Rajesh Mehta (DIN: 11485935)
- Effective Date: June 25, 2026
- Context: Appointed as Independent Director for 1 year (special resolution)
- Re-appointment: Ms. Monika Garware (DIN: 00143400)
- Role: Vice-Chairperson & Joint Managing Director
- Effective Date: November 1, 2026
- Context: Re-appointment for 5 years (special resolution)
Mega Corporation Limited (MEGACOR / 531417)
- Appointment: Mr. Ashraye Lalani (DIN: 08371173)
- Role: Additional Director (Non-Executive, Non-Independent)
- Effective Date: June 24, 2026
- Context: Board appointment (subject to member approval at General Meeting)
SEPC Limited (SEPC / 532945)
- Resignation (Independent Director): Dr. Ashutosh Karnatak (DIN: 03267102)
- Effective Date: June 24, 2026
- Context: Personal reasons and other professional commitments
Kalyan Capitals Limited (538778)
- Resignation (Independent Director): Ms. Mamta Gupta (DIN: 02789086)
- Effective Date: Close of business hours, June 23, 2026
- Context: Personal reasons
Rallis India Limited (RALLIS / 500355)
- Resignation (Independent Director): Mr. Mahesh Girdhar (DIN: 10270848)
- Effective Date: Close of business hours, June 24, 2026
- Context: Professional commitments (also confirmed no other material reasons)
SEPC Limited (532945)
- Resignation (Independent Director): Dr. Ashutosh Karnatak (DIN: 03267102)
- Effective Date: June 24, 2026
- Context: Personal reasons and other professional commitments
Avantel Limited (AVANTEL / 532406)
- Appointment (Independent Directors):
- Dr. Tamilmani Kandasamy (DIN: 07617444) — Independent Director, term Apr 26, 2026 to Apr 25, 2031
- Mr. Lakshminarasimha Acharyulu Muktevi (DIN: 02118771) — Independent Director, term Apr 26, 2026 to Apr 25, 2031
- Context: Approved at 36th AGM (June 24, 2026)
Viji Finance Limited (VIJIFIN / 537820)
- Appointment (Additional Directors):
- Mrs. Sejal Riddhesh Shah (DIN: 11269204) — Non-Executive Non-Independent, w.e.f. June 24, 2026
- Mr. Prakash Muksiya (DIN: 11786103) — Non-Executive Independent, w.e.f. June 24, 2026
- Context: Board appointments subject to shareholder approval (as stated)
Kalyani Steels Limited (KSL / 500235)
- Appointment (Additional Independent Director): Ms. Vartika Shukla (DIN: 08777885)
- Effective Date: June 24, 2026 to June 23, 2031 (subject to member approval via Postal Ballot)
- Context: Board circular resolution approved appointment
IDream Film Infrastructure Company Limited (504375)
- Appointments (Additional Directors):
- Mr. Baljit Singh (DIN: 00711152) — Additional Director (Non-Executive, Non-Independent), June 24, 2026
- Ms. Honey Singh (DIN: 02589597) — Additional Director (Non-Executive, Non-Independent), June 24, 2026
- Ms. Upveen Harpal (DIN: 06800217) — Additional Director (Non-Executive, Non-Independent), June 24, 2026
- Mr. Ross William Brierty (DIN: 10911462) — Independent Director, 5 years from June 24, 2026 (subject to shareholder approval)
- Ms. Prerana S. Bokil (DIN: 10272554) — Independent Director, 5 years from June 24, 2026 (subject to shareholder approval)
- Cessations (Directors):
- Ms. Kalpana Shripal Morakhia — Managing Director, close of business hours June 24, 2026 (reason: takeover/management restructuring)
- Mr. Milan Vinod Chitalia — Independent Director, close of business hours June 24, 2026 (reason: takeover/management restructuring)
- Ms. Suchita Prashant Shah — Independent Director, close of business hours June 24, 2026 (reason: takeover/management restructuring)
- Mr. Paresh Shrikrishna Kadam — Independent Director, close of business hours June 24, 2026 (reason: takeover/management restructuring)
Tamil Nadu Newsprint & Papers Limited (TNPL / 531426)
- Appointment (Director): Thiru N Venkatesh, I.A.S. (DIN: 06557732)
- Effective Date: June 10, 2026
- Context: Government transfer/posting to represent Finance Department
Softbpo Global Services Ltd. (IDream Film Infrastructure filing appears; no separate Softbpo director change details provided)
- (No additional director change extracted beyond the IDream filing content provided.)
4. Notable Company-Specific Situations (within-company signals)
IDream Film Infrastructure Company Limited (504375)
- High clustering of changes on the same day (June 24, 2026):
- Multiple director cessations (MD + multiple Independent Directors) and new director appointments (including Independent Directors).
- KMP reshuffle: CS/Compliance Officer cessation + appointment; CFO cessation + new CFO appointment; CEO appointment.
- Stated driver across resignations/cessations: takeover and consequent management restructuring.
5. Reappointments / Extensions (side notes)
OnMobile Global Limited (ONMOBILE / 532944)
- Re-appointment: Radhika Venugopal (DIN: 10548693)
- Role: Whole-time Director designated as Whole-time Director and CFO
- Term: March 27, 2027 to March 26, 2030 (subject to shareholder approval at ensuing AGM)
Garware Hi-Tech Films Limited (500655)
- Re-appointment: Ms. Monika Garware (DIN: 00143400)
- Role: Vice-Chairperson & Joint Managing Director
- Term: Nov 1, 2026 to Oct 31, 2031 (special resolution)
If you want, I can also provide a one-page “heat map” table (company vs. role changed) for faster internal scanning.
