Daily Management Changes Report (BSE filings – last 24 hours)
0. Critical Alerts (Highest Priority)
No “for cause” resignations were explicitly stated in the provided filings (i.e., no resignation reasons citing governance/ethics/mismanagement or lack of information).
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
IIFL Finance Limited (IIFL)
- Change: Resignation (CFO stepping down)
- Person: Mr. Kapish Jain
- Role: Chief Financial Officer (stepping down)
- Effective Date: June 26, 2026
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Context: “Stepping down… and transition into another role within the Company.”
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Change: Appointment
- Person: Mr. Vikas Jain
- Role: Chief Financial Officer (and KMP)
- Effective Date: June 27, 2026
- Context: Board appointment based on recommendations of Nomination & Remuneration Committee and Audit Committee.
Glittek Granites Limited (513528)
- Change: Resignation
- Person: Mr. Ashoke Agarwal
- Role: Managing Director
- Effective Date: Close of business hours on June 25, 2026
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Context: Resignation “in view of the change in management and control… pursuant to… completion of the open offer process.”
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Change: Resignation
- Person: Mr. Tushar Agarwal
- Role: Managing Director
- Effective Date: Close of business hours on June 25, 2026
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Context: Same stated reason—change in management/control post open offer.
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Change: Appointment (subject to shareholder approval)
- Person: Mr. Bhargav Girjashankar Thanki
- Role: Managing Director (Additional)
- Effective Date: June 25, 2026
- Context: Board approved appointment for a 5-year term (subject to shareholders’ approval).
2. Executive Management Changes (below CEO/CFO/COO)
Lux Industries Limited (539542)
- Resignation: Mr. Subrata Kumar Roy
- Role: Chief Information Officer – Vertical A (Senior Management Personnel)
- Effective Date: Close of business hours on June 27, 2026
- Context: Resignation due to “ongoing health concerns.”
Saffron Industries Limited (531436)
- Appointment: Mr. Sanyam Sunil Jain
- Role: Company Secretary & Compliance Officer (designated as KMP)
- Effective Date: June 27, 2026
- Context: Board approved appointment and designation as Key Managerial Personnel.
ABB India Limited (500002)
- Appointment: Mr. Hemanth Kumar
- Role: Local Division Manager – Motion (MOTR) (Senior Management Personnel)
- Effective Date: July 1, 2026
- Context: Board approved appointment via circular resolution.
Glittek Granites Limited (513528)
- Resignation: Mr. Ashok Kumar Modi
- Role: Chief Financial Officer
- Effective Date: Close of business hours on June 25, 2026
- Context: Resignation “in view of the change in management and control… completion of the open offer process.”
3. Board / Director Changes
Purple Finance Limited (PURPLEFIN – 544191 / other scrip codes listed)
- Resignation: Mr. Ajay Kumar Pandey
- Role: Independent Director; also ceased as Chairman of Audit Committee, Stakeholders’ Relationship Committee, and member of Nomination & Remuneration Committee
- Effective Date: Close of business hours on June 27, 2026
- Context: “Upon completion of his term as an Independent Director.”
Ekennis Software Service Limited (543475)
- Resignation: Ms. Urvashi Upadhya
- Role: Independent Director
- Effective Date: June 27, 2026 (effective from close of business hours)
- Context: Resignation due to “personal commitments and health-related concerns” (no other material reasons stated).
Glittek Granites Limited (513528)
- Resignations (clustered; all effective close of business hours on June 25, 2026):
- Mr. Siddhartha Agarwal — Independent Director
- Mr. Manish Killa — Independent Director
- Mrs. Malvika Sureka — Independent Woman Director
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Context (for each): “change in management and control… completion of the open offer process.”
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Appointments (subject to shareholder approval; effective June 25, 2026):
- Mr. Maheshkumar Jatashankar Thanki — Chairperson & Whole-time Director (Additional)
- Mr. Bhargav Girjashankar Thanki — Managing Director (Additional)
- Mr. Bhavin Harihar Thanki — Whole-time Director (Additional)
- Dr. Deependra Singh — Independent Director (Additional)
- Mr. Sunil Kumar Bansal — Independent Director (Additional)
- Mrs. Kavita Rakesh Shah — Woman Independent Director (Additional)
4. Notable Company-Specific Situations
Glittek Granites Limited (513528)
- High clustering of changes: Multiple simultaneous exits across MDs, CFO, and multiple independent directors, all effective close of business hours on June 25, 2026, followed by a broad slate of new director appointments effective June 25, 2026 (board-approved, subject to shareholder approval).
- Stated context: change in management/control post open offer completion.
5. Reappointments / Extensions (Side Notes)
No CEO/CFO/COO/Chairman/MD reappointments were explicitly reported in the provided filings (reappointment noted for a director below is not in the restricted leadership list).
High Energy Batteries (India) Limited (504176)
- Re-appointment: Mr. M. Ignatius
- Role: Whole-time Director designated as Director (Operations)
- Effective/AGM approval date: June 27, 2026
- Context: Reappointed by shareholders at the 65th AGM (retires by rotation).