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Management Changes

CEO switches at Syrma SGS and Impera Worldwide

June 27, 2026 4 mins read Firehose Gupta

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

0. Critical Alerts (for-cause resignations)

No filings in the provided set indicate a “for cause” resignation with governance/ethical/mismanagement-type reasons.


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

Syrma SGS Technology Limited (SYRMA)

  • Change: Appointment (CEO)
  • Person: Mr. Jaidit Singh Brar
  • Role: Chief Executive Officer (CEO)
  • Effective Date: June 29, 2026
  • Context: Board appointed him as CEO; Mr. Satendra Singh (CEO) moving to Senior Operating Director.

NINtec Systems Limited (NINSYS)

  • Change: Re-appointment (MD)
  • Person: Mr. Niraj Chhaganraj Gemawat
  • Role: Managing Director (MD)
  • Effective Date: June 29, 2026
  • Context: Re-appointed for 5 years (to June 28, 2031), subject to shareholder approval.

Mangalam Global Enterprise Limited (MGEL)

  • Change: Designation change (MD → Director)
  • Person: Mr. Chandragupt Prakash Mangal
  • Role: Managing Director (cessation) / Director (Non-Executive Non-Independent)
  • Effective Date: June 26, 2026 (close of business hours)
  • Context: Change in designation from Managing Director to Director (Non-Executive Non-Independent).

Impera Worldwide Limited (formerly Rishab Special Yarns Limited) (IMPERA)

  • Change: Resignation (MD)
  • Person: Mr. Ganesh Yadav
  • Role: Managing Director (MD)
  • Effective Date: June 26, 2026 (close of business hours)
  • Context: Resigned due to personal reasons.

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

Raymond Lifestyle Limited (RAYMONDLSL)

  • Resignation: Mr. Amit Agarwal
  • Role: President – Chairman’s Office (Senior Management Personnel)
  • Effective Date: June 30, 2026 (close of business hours)
  • Context: Relinquished position due to personal reasons.

Shringar House of Mangalsutra Limited (SHRINGARMS)

  • Resignation: Mr. Hitesh Khandelwal
  • Role: Vice President – Sales & Marketing (Senior Management Personnel)
  • Effective Date: August 17, 2026 (close of business hours)
  • Context: Resignation due to growth and better opportunities.

Sun Pharma Advanced Research Company Limited (SPARC)

  • Resignation/Retirement: Ms. Shanta Gupta
  • Role: Functional Head – Human Resources & Administration (Senior Management)
  • Effective Date: June 30, 2026 (close of business hours)
  • Context: Retirement.
  • Resignation/Retirement: Dr. Nitin Dharmadhikari
  • Role: Chief Operating Officer (COO) (Senior Management)
  • Effective Date: June 30, 2026 (close of business hours)
  • Context: Retirement.
  • Appointment: Mr. Prasanna Deshmukh
  • Role: Functional Head – Human Resources & Administration (designated as Senior Management Personnel)
  • Effective Date: July 1, 2026
  • Context: Appointment as Senior Management Personnel.

Carborundum Universal Limited (CARBORUNIV)

  • Stepping down/Resignation (SMP): Mr. Ajit Kolhe
  • Role: Head – Information Technology (Senior Management)
  • Effective Date: June 26, 2026 (close of business hours)
  • Context: Stepping down to pursue career prospects outside the company.

HLE Glascoat Limited (HLEGLAS)

  • Appointment: Mr. Darshak Chandarana
  • Role: Vice President – Operations, Maroli Unit (Senior Management Personnel)
  • Effective Date: June 25, 2026
  • Context: Appointment as SMP.

Zenlabs Ethica Limited (ZENLABS)

  • Resignation: Mr. Adarsh Sharma
  • Role: Chief Financial Officer (CFO) and Key Managerial Personnel
  • Effective Date: June 26, 2026 (close of business hours)
  • Context: Resigned due to ongoing health issues.

Info Edge (India) Limited (NAUKRI)

  • Appointment: Mr. Himanshu Agarwal
  • Role: Chief Financial Officer (CFO) (Key Managerial Personnel) and Whole-time Director (designated)
  • Effective Date: September 17, 2026
  • Context: Board approved appointment; term as Whole-time Director for 5 years (subject to approvals).

Aeroflex Enterprises Limited (AEROENTER)

  • Senior Management categorisation (SMP):
  • Appointment/Categorisation: Mr. Taikhum Bandookwala — Associate Vice President, Strategic Initiatives (SMP)
  • Appointment/Categorisation: Ms. Bronika Doshi — Associate Vice President, Corporate Strategy (SMP)
  • Effective Date: June 26, 2026
  • Context: Categorised eligible employees as Senior Management Personnel.

3. Board / Director Changes (Independent/NED/Additional)

Schaeffler India Limited (SCHAEFFLER)

  • Appointment: Mr. Christophe Hannequin
  • Role: Additional Director (Non-Executive Non-Independent)
  • Effective Date: July 1, 2026
  • Context: Circular resolution; subject to shareholder approval; liable to retire by rotation.
  • Appointment: Mr. Chetan Kumar Maini
  • Role: Additional Director (Non-Executive Independent)
  • Effective Date: July 1, 2026
  • Context: Circular resolution; subject to shareholder approval; term 5 years (to June 30, 2031).

DCW Limited (DCW)

  • Resignation/Cessation: Mr. Mahesh Vennelkanti
  • Role: Independent Director
  • Effective Date: June 27, 2026 (close of business hours)
  • Context: Ceases after completion of second consecutive term of 5 years.
  • Appointment: Mr. Adhiraj Anil Harish
  • Role: Additional Non-Executive Independent Director
  • Effective Date: June 28, 2026
  • Context: Circular resolution; first term 5 years (to June 27, 2031), subject to shareholder approval.

Sunil Industries Limited (SUNILIND)

  • Appointment: Ms. Shruti Satyanarayan Somani
  • Role: Additional Non-Executive Independent Director
  • Effective Date: June 26, 2026
  • Context: Appointment for 5 years (subject to applicable approvals).

Sayaji Hotels (Pune) Limited (SAYAJIHOT)

  • Resignation: Mrs. Suchitra Dhanani
  • Role: Non-Executive Non-Independent Director
  • Effective Date: June 25, 2026 (close of business hours)
  • Context: Resigned due to other occupations.

Sunil Industries / DCW / Schaeffler / others

(Already covered above; no other director changes in the provided set beyond those listed.)

Aeroflex Enterprises Limited (AEROENTER)

  • Re-appointment: Mrs. Uma Mandavgane
  • Role: Non-Executive Independent Director
  • Effective Date: May 31, 2027
  • Context: Second term of 5 years (to May 30, 2032), subject to shareholder approval.

Swaraj Engines Limited (SWARAJENG)

  • No director change reported in the provided filing (internal auditor change only).

Suyog Gurbaxani Funicular Ropeways Limited (SGFRL)

  • Re-appointment: Mrs. Manisha Shelar
  • Role: Independent Woman Director
  • Effective Date: September 4, 2026
  • Context: Second term 3 years (to September 3, 2029), subject to shareholder approval.

4. Notable Company-Specific Situations

Sun Pharma Advanced Research Company Limited (SPARC)

  • Clustered senior exits/entries: Two senior personnel retire June 30, 2026 (HR/Admin head and COO), and a replacement HR/Admin head is appointed effective July 1, 2026.

DCW Limited (DCW)

  • Board transition timing: Independent director term ends June 27, 2026, while a new independent director appointment starts June 28, 2026 (adjacent dates).

5. Reappointments / Extensions (side notes)

Aeroflex Enterprises Limited (AEROENTER)

  • Re-appointment: Mrs. Uma Mandavgane as Independent Director for second term (May 31, 2027–May 30, 2032).

NINtec Systems Limited (NINSYS)

  • Re-appointment: MD Niraj Chhaganraj Gemawat for 5 years (June 29, 2026–June 28, 2031), subject to shareholder approval.

Suyog Gurbaxani Funicular Ropeways Limited (SGFRL)

  • Re-appointment: Independent Woman Director Manisha Shelar for 3 years (Sep 4, 2026–Sep 3, 2029), subject to shareholder approval.

If you want, I can also provide a separate table view (Company | Role | Change | Effective date) for faster scanning.