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Management Changes

For-cause resignations absent; multiple leadership appointments on July 16

July 17, 2026 4 mins read Firehose Gupta

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

0. Critical Alerts (for-cause resignations)

No “for cause” resignations were found in the provided filings (none cite governance/ethical/mismanagement or similar material concerns).


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

Mahindra EPC Irrigation Limited (MAHEPC)

  • Change: Appointment (Chairman of the Board)
  • Person: Mr. Rajeev Goyal (DIN: 03139184)
  • Role: Chairman (Non-Executive, Non-Independent Director)
  • Effective Date: July 16, 2026
  • Context: Board appointment as Chairperson of the company.

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

Everest Industries Limited (EVERESTIND)

  • Appointment: Dr. Ujjal Bhattacharjee as CHRO (Chief Human Resources Officer)
  • Effective Date: July 16, 2026
  • Context: Appointment to senior management team.

Integra Engineering India Limited (505358)

  • Appointment: Mr. Kinnar Joshi as CFO (Chief Financial Officer) & KMP
  • Effective Date: July 16, 2026
  • Context: Board-approved appointment based on recommendations of Nomination & Remuneration Committee and Audit Committee.

5paisa Capital Limited (5PAISA / 540776)

  • Appointment: Mr. Mehul Somaiya as Company Secretary & Compliance Officer (KMP)
  • Effective Date: July 16, 2026
  • Context: Board-approved appointment as KMP.

Fabino Enterprises Limited (FABINO / 543444)

  • Appointment: Mrs. Shipra Rathi as Company Secretary & Compliance Officer (KMP)
  • Effective Date: July 16, 2026
  • Context: Board-approved appointment and designation as KMP.

3. Board / Director Changes

Prabhhans Industries Limited (PRABHHANS / 530361)

  • Appointment: Mr. Parveen Bhadana (DIN: 11502975) as Additional Executive Director (Whole-Time Director)
  • Effective Date: July 16, 2026
  • Resignation: Ms. Harjot Kaur Chawla (DIN: 09523946) as Non-Executive Director
  • Effective Date: July 16, 2026

Centrum Capital Limited (CENTRUM / 501150)

  • Appointment: Mr. Sandip Ghose (DIN: 07482589) as Additional Director (Non-Executive Independent)
  • Effective Date: July 16, 2026
  • Appointment: Mr. Manmohan Shetty (DIN: 00013961) as Additional Director (Non-Executive Non-Independent)
  • Effective Date: August 5, 2026

Muthoot Capital Services Limited (MUTHOOTCAP / 511766)

  • Appointment: Ms. Manimekhalai A (DIN: 08411575) as Non-Executive Independent Director (subject to shareholder approval)
  • Effective Date: July 16, 2026
  • Re-appointment: Mrs. Shirley Thomas (DIN: 08586100) as Non-Executive Independent Director (second term)
  • Effective Date: November 25, 2026 (subject to shareholder approval)

Shah Metacorp Limited (SHAH / 533275)

  • Resignation (not a board role change, but board realignment): Mr. Viral Mukundbhai Shah resigned as CEO effective July 20, 2026
  • Appointment: Mr. Viral Mukundbhai Shah (DIN: 00014182) as Additional Director (Executive Director) (subject to shareholder approval)
  • Effective Date: July 21, 2026
  • Appointment/Designation change: Mr. Mahendra Shukla (DIN: 09461897) to Whole-time Director & KMP (subject to shareholder approval)
  • Effective Date: July 21, 2026
  • Appointment: Mr. Nanwal Sajjankumar (DIN: 01723254) as Additional Director (Non-Executive Independent) (subject to shareholder approval)
  • Effective Date: July 21, 2026

Mahindra EPC Irrigation Limited (MAHEPC)

  • Appointment: Mr. Rajeev Goyal (DIN: 03139184) as Chairman of the Board (also a director appointment)
  • Effective Date: July 16, 2026

MOIL Limited (MOIL)

  • Appointment: Smt. Sonali Sanjit Nagvenkar (DIN: 11827764) as Independent Director (subject to approvals)
  • Effective Date: July 16, 2026

Jayshree Chemicals Limited (506520)

  • Appointment: Shri Satish Kapur (DIN: 00051163) as Additional Director (Independent) (subject to shareholder approval)
  • Effective Date: July 16, 2026
  • Resignation: Shri Rishi Bajoria (DIN: 00501157) as Independent Director
  • Effective Date: July 16, 2026 (close of business hours)
  • Re-appointment: Shri Rajesh Kumar Singhi (DIN: 01210804) as Whole-time Director
  • Effective Date: February 11, 2027 (subject to shareholder approval)

Geetanjali Credit and Capital Limited (539486)

  • Resignation: Mr. Mukesh Gupta (DIN: 07784829) as Non-Executive Independent Director
  • Effective Date: July 16, 2026
  • Context: Resigned due to “pre-occupancy” (as stated).

Kabra Commercial Limited (539393)

  • Appointment: Mr. Vedant Raj Kabra (DIN: 10536643) as Additional Director (Executive) (subject to shareholder approval within 3 months)
  • Effective Date: July 6, 2026
  • Resignation: Mr. Rajesh Kumar Kabra (DIN: 00331305) as Managing Director (KMP)
  • Effective Date: July 6, 2026 (close of business hours)
  • Context: Resignation “on account of personal reasons” (as stated).

Parsvnath Developers Limited (PARSVNATH / 532780)

  • Resignation: Dr. Rakshita Shharma (DIN: 08579771) as Independent Director
  • Effective Date: July 14, 2026 (close of business hours)
  • Resignation: Mr. Subhash Chander Setia (DIN: 01883343) as Independent Director
  • Effective Date: July 14, 2026 (close of business hours)
  • Resignation: Mr. Ramesh Chand Gupta (DIN: 01257134) as Independent Director
  • Effective Date: July 14, 2026 (close of business hours)
  • Context (for each): reasons stated as personal pre-occupations/commitments, ill health/commitments, and family-related time constraints (as stated in each filing).

Flex Foods Limited (523672)

  • Re-appointment: Mr. Pradeep Narendra Poddar (DIN: 00025199) as Independent & Non-Executive Director (second term)
  • Effective Date: July 21, 2026 to July 20, 2031
  • Appointment: Mr. Paresh Nath Sharma (DIN: 00023625) as Independent & Non-Executive Director (first term)
  • Effective Date: May 19, 2026 to May 18, 2029
  • Context: Shareholders approved via Special Resolution at AGM held July 16, 2026.

Solarium Green Energy Limited (SOLARIUM / 544354)

  • Resignation (SMP, not board): Mr. Parin Shah (Business Head – Residential Sales) resigned (see Section 4)

Shah Metacorp Limited (SHAH / 533275)

  • (Covered above under board changes; includes CEO resignation + executive director appointment.)

4. Notable Company-Specific Situations (within-company clustering)

Parsvnath Developers Limited (PARSVNATH / 532780)

  • Cluster: Multiple independent director resignations reported with the same effective date (July 14, 2026) across several directors (Dr. Rakshita Shharma, Mr. Subhash Chander Setia, Mr. Ramesh Chand Gupta).

Prabhhans Industries Limited (PRABHHANS / 530361)

  • Simultaneous board changes: Appointment of an executive whole-time director and resignation of a non-executive director both recorded effective July 16, 2026.

5. Reappointments / Extensions (side notes)

Muthoot Capital Services Limited (MUTHOOTCAP / 511766)

  • Re-appointment: Mrs. Shirley Thomas as Independent Director for a second 5-year term (effective Nov 25, 2026; subject to shareholder approval).

Jayshree Chemicals Limited (506520)

  • Re-appointment: Shri Rajesh Kumar Singhi as Whole-time Director for 2 years (effective Feb 11, 2027; subject to shareholder approval).

Flex Foods Limited (523672)

  • Re-appointment: Mr. Pradeep Narendra Poddar for a second 5-year term (July 21, 2026–July 20, 2031).

If you want, I can also provide a separate “SMP/Key Managerial resignations” table (non-board roles) for the same set of filings.