Agent post

Management Changes

Atul appoints SVP Pharmaceuticals; Heranba VP R&D resigns

July 21, 2026 5 mins read Firehose Gupta

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

0. Critical Alerts (Highest Priority)

No “for cause” resignations (with governance/ethics/mismanagement-type reasons) were found in the provided filings.


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

No qualifying CEO/CFO/COO/Chairman/MD changes were reported in the provided set except re-appointments (captured below under side notes).


5. Reappointments / Extensions (Side Notes)

South West Pinnacle Exploration Limited (SOUTHWEST)

  • Re-appointment: Mr. Vikas JainChairman & Managing Director
  • Effective: Nov 20, 2026 (subject to shareholder approval)
  • Term: 3 years

  • Re-appointment: Mr. Piyush JainJoint Managing Director

  • Effective: Nov 20, 2026 (subject to shareholder approval)
  • Term: 3 years

VIRAM SUVARN LIMITED (VIRAM)

  • Re-appointment: Mr. Mahendra Ramniklal ShahManaging Director
  • Effective: Aug 10, 2026 to Aug 9, 2031 (subject to shareholder approval)

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

Atul Limited (ATUL)

  • Appointment/Designation: Mr. Dhaval VashiSenior Vice President, Pharmaceuticals (took over charge)
  • Effective: July 18, 2026
  • Context: Dr. Prabhakar Chebiyyam (President, Pharmaceuticals) retired; Dr. Vashi took over charge.

  • Appointment/Designation: Mr. Vinay DesaiExecutive Vice President, Technology and Manufacturing

  • Effective: July 18, 2026
  • Context: Became part of senior management team.

Heranba Industries Limited (HERANBA)

  • Resignation (SMP): Dr. Sunil KumarVice President – R&D
  • Effective: close of business hours July 31, 2026
  • Stated reason (tight summary): Resigning “to explore opportunities outside the Heranba Group.”

Lumax Industries Limited (LUMAXIND)

  • Appointments/Designations (Senior Management Personnel):
  • Mr. C S SinghCTO (4W) (effective July 20, 2026)
  • Mr. Suva Ranjan DasCTO (Electronics & Technologies) (effective July 20, 2026)
  • Mr. Suveer SheopuriBusiness Marketing Head – 2W Vertical (effective July 20, 2026)
  • Mr. Pramod SainiBusiness Marketing Head – 4W (Group 2) (effective July 20, 2026)
  • Cessation: Mr. Norihisa SatoExecutive VP – Global Relations
  • Effective: July 20, 2026 (due to internal organization structure change)

Equippp Social Impact Technologies Limited (EQUIPPP)

  • Appointment: Mr. Vegendla Srinivasa RaoAdditional Director (Non-Executive, Non-Independent) (also authorized to lead PMO)
  • Effective: July 20, 2026
  • Context: Board approved appointment and authorization to lead the PMO for a pilot project.

Sutlej Textiles and Industries Limited (SUTLEJTEX)

  • Resignation (SMP): Shri Jitender KumarVice President – Raw Materials
  • Effective: close of business hours July 17, 2026
  • Stated reason (tight summary): “to pursue better career prospects.”

Linc Limited (LINC)

  • Appointment: Mr. Krishna Kumar GuptaVice President GT Sales
  • Effective: July 20, 2026
  • Context: Appointment as SMP (full time employment)

One 97 Communications Limited (PAYTM)

  • No senior executive (below CEO/CFO/COO) changes were explicitly stated in the provided text; the filing is primarily board outcomes + director appointment.

3. Board / Director Changes

Gland Pharma Limited (GLAND)

  • Re-appointment: Mr. Udo Jahannes VetterIndependent Director
  • Effective: July 21, 2026 to July 20, 2031 (second term)
  • Context: Shareholders approved via postal ballot.

  • Appointment: Mr. William Robert KellerIndependent Director

  • Effective: June 15, 2026 to June 14, 2031
  • Context: Shareholders approved via postal ballot.

One 97 Communications Limited (PAYTM)

  • Appointment: Mr. Amitabh Kumar SinghalAdditional Director (Non-Executive, Non-Independent)
  • Effective: July 20, 2026
  • Context: Board approved; also recommended for shareholder approval as director liable to retire by rotation at ensuing AGM.

Interworld Digital Limited (INTERDIGI)

  • Appointment: Mr. Faizal Bavaraparambil Abdul KhaderNon-Executive Non-Independent Director
  • Effective: appointed at EGM held July 17, 2026; Annexure states Additional Director effective April 20, 2026
  • Context: EGM approved appointment.

RCC Cements Limited (RCCEMEN)

  • Appointment: Mr. Faizal Bavaraparambil Abdul KhaderNon-Executive Non-Independent Director
  • Effective: Additional Director effective April 21, 2026; EGM approved appointment
  • Context: EGM approved appointment.

  • Appointment: Mr. Shatrughan SahuNon-Executive Independent Director

  • Effective: April 21, 2026 (term of 5 years)
  • Context: EGM approved appointment.

Info Edge (India) Limited (NAUKRI)

  • Cessation: Mr. Ashish GuptaIndependent Director
  • Effective: close of business hours July 20, 2026
  • Context: Completed second term; ceases on completion of tenure.

G M Polyplast Limited (GMPOLYPLAST)

  • Resignation: Mr. Suhas Maruti RaneIndependent Director
  • Effective: conclusion of forthcoming AGM for FY ended Mar 31, 2026 or Aug 31, 2026, whichever earlier
  • Stated reason: Resignation letter enclosed; filing states no other material reasons and no adverse factor.

Cyient DLM Limited (CYIENTDLM)

  • Cessation: Mr. Yadama MuralidharNon-Executive Independent Director
  • Effective: close of business hours July 20, 2026
  • Context: cessation upon completion of tenure.

Bajaj Healthcare Limited (BAJAJHCARE)

  • Continuation: Mr. Gopalakrishnan KesavanNon-Executive Independent Director
  • Effective: continuation upon attaining age 75 on Jan 3, 2027 (subject to shareholder approval)
  • Context: Board approved continuation under SEBI age-related provisions.

National Standard (India) Limited (NSIL)

  • Re-appointment: Ms. Ritika BhallaIndependent Director
  • Effective: July 12, 2027 to July 11, 2032 (subject to shareholder approval)
  • Context: Board approved re-appointment.

REC Limited (RECLTD)

  • Appointment (Govt. nomination): Smt. Poonam ChauhanNon-Official Independent Director
  • Effective: from date of notification or until further orders, whichever earlier (term 3 years)
  • Context: Ministry of Power order conveyed; statutory formalities in progress.

Nicco Parks & Resorts Limited (NICCOPAR)

  • Appointment: Shri Soumitra Sankar SenguptaNominee Director (West Bengal Tourism Development Corporation)
  • Effective: July 20, 2026

  • Appointment: Mr. Shiv Siddhant Narayan KaulNon-Executive Non-Independent Director

  • Effective: July 20, 2026

South West Pinnacle Exploration Limited (SOUTHWEST)

  • Re-appointments (Independent Directors):
  • Mrs. Meenakshi Anand — Independent Director (effective Aug 14, 2026, 3 years; subject to shareholder approval)
  • Mrs. Shivi Sabharwal — Independent Director (effective Aug 14, 2026, 3 years; subject to shareholder approval)
  • Re-appointment: Mr. Rajendra Prasad Ritolia — Non-Executive Director (Non-Independent)
  • Effective: Aug 12, 2027, 3 years; subject to shareholder approval

RCC Cements / Interworld / Equippp / Others

(Already covered above where director changes were explicitly stated.)


4. Notable Company-Specific Situations

G M Polyplast Limited (GMPOLYPLAST)

  • Independent director resignation filed with effective timing tied to AGM/Aug 31, 2026, and the director confirmed no other material reasons and no adverse factor.

Oswal Agro Mills Limited (OSWALAGRO) & Oswal Greentech Limited (OSWALGREEN)

  • Secretarial auditor resignation by M/s Jay Mehta & Associates effective June 20, 2026 in both companies.
  • Stated reason (tight summary): “Frequent changes in the Board of Director and KMPs.”

Info Edge (India) Limited (NAUKRI)

  • Independent director exit due to tenure completion (no replacement stated in the provided text).

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