Daily Management Changes Report (BSE filings – last 24 hours)
0. Critical Alerts (Resignation “for cause”)
No “for cause” resignations were explicitly stated in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)
JSW Steel Limited (500228)
- Change: Resignation (Senior Management; not CEO/CFO/COO/Chairman/MD)
- Person: Mr. Ashish Chandra
- Role: President – Dolvi, Salav & Anjar Works
- Effective Date: Ceased to be Senior Management effective Aug 7, 2026; last working day Aug 31, 2026 (close of business hours)
- Context: Resignation from services “due to personal reasons and to pursue career opportunities outside JSW Group.”
Universal Cables Limited (504212)
- Change: Appointment (CFO)
- Person: Shri Nishant P. Saigal
- Role: Chief Financial Officer (CFO)
- Effective Date: 21 Oct 2026
- Context: Appointment “in place of Shri Gopal Agarwal”.
Universal Cables Limited (504212)
- Change: Resignation (CFO)
- Person: Shri Gopal Agarwal
- Role: Chief Financial Officer (CFO)
- Effective Date: 30 Sep 2026 (close of business hours)
- Context: Resignation tendered; Board “taken note” on 7 Aug 2026.
Lemon Tree Hotels Limited (541233)
- Change: Appointment (Chairman)
- Person: Mr. Patanjali Govind Keswani
- Role: Chairman and Non-Executive Director
- Effective Date: 1 Apr 2027
- Context: Board approved appointment “upon completion of his current tenure… on March 31, 2027” as part of succession plan.
2. Executive Management Changes (below CEO/CFO/COO)
JSW Steel Limited (500228)
- Appointment: Mr. P P Varma — Executive Vice President & Plant Head (Dolvi, Salav & Anjar)
- Effective Date: 7 Aug 2026
- Appointment: Mr. S M Kumar — Sr. Vice President, Plant Head (Salem)
- Effective Date: 7 Aug 2026
- Resignation/Cessation: Mr. Ashish Chandra — President (Dolvi, Salav & Anjar Works)
- Effective Date: 7 Aug 2026 (Senior Management); relieved by 31 Aug 2026
- Transition/Appointment: Mr. B N S Prakash Rao — Plant Head (Salem Works) → Head – Centre of Excellence for Alloy Steel
- Effective Date: 7 Aug 2026
Nitco Limited (532722)
- Resignation: Mr. Amit Dhawan — Senior Advisor & Consulting Partner (Senior Managerial Personnel)
- Effective Date: close of business hours, 7 Aug 2026
- Context: Resignation “due to personal commitments.”
Excelsoft Technologies Limited (544617)
- Appointment: Mr. Poonacha Paruvangada Appaiah — CFO & KMP
- Effective Date: 7 Aug 2026
India Nippon Electricals Limited (532240)
- Resignation/Cessation (CFO role): Mr. Elango Srinivasan — CFO
- Effective Date: 30 Sep 2026 (close of business hours)
- Appointment/Change in designation: Mr. Elango Srinivasan — Special Projects Head – Finance
- Effective Date: 1 Oct 2026
- Appointment: Mr. Saravana Kumar M — CFO & Senior Management Personnel
- Effective Date: 1 Oct 2026
3. Board / Director Changes (Independent/NED/Additional Directors)
Powerica Limited (544744)
- Re-appointment: Ms. Renu Naresh Oberoi — Whole-time Director
- Effective Date: 1 Apr 2027
- Re-appointment: Mr. Pradeep Gupta — Whole-time Director
- Effective Date: 1 Apr 2027
- Re-appointment: Mr. Udaya Jena — Independent Director (2nd term)
- Effective Date: 24 Jun 2027
- Re-appointment: Mr. Sunil Lobo — Independent Director (2nd term)
- Effective Date: 27 Jun 2027
- Appointment: Mr. Maheswar Sahu — Additional Director (Non-Executive, Non-Independent)
- Effective Date: 7 Aug 2026
Kaya Limited (539276)
- Re-appointment: Ms. Vasuta Agarwal — Independent Director (2nd term)
- Effective Date/Term: 3 Aug 2026 to 2 Aug 2031 (approved at AGM on 7 Aug 2026)
PNB Gilts Limited (532366)
- Resignation: Mr. Bibhu Prasad Mahapatra — Chairman (Non-Executive, Non-Independent) & Director
- Effective Date: immediate effect (close of business hours), 7 Aug 2026
- Context: Resignation “on account of receipt of permission… for nominating Sh. Amit Kumar Srivastava… as a Non-Executive Non-Independent Director.”
Aarti Pharmalabs Limited (543748)
- Resignation: Mr. Rajendra Vallabhaji Gogri — Non-Executive Director
- Effective Date: Continues till ensuing AGM (close of business hours); not offering for re-appointment
- Context: “due to personal goals and other commitments.”
Keltech Energies Limited (not provided as a ticker in filing excerpt)
- Re-appointment: Mr. Santosh Laxmanrao Chowgule — Executive Director & Vice-Chairperson
- Effective Date: 7 Aug 2026
- Re-appointment: Mr. Vijay Vishwasrao Chowgule — Non-Executive, Non-Independent Director
- Effective Date: 7 Aug 2026
Deccan Gold Mines Limited (512068)
- Appointment: Ms. Jade Gemma Devenish — Director (Non-Executive, Non-Independent)
- Effective Date: 7 Aug 2026 (regularisation pending shareholder approval)
Bharat Wire Ropes Limited (539799)
- Re-appointment: Mr. Sushil Sharda — Whole-Time Director
- Effective Date: 19 May 2027 (re-appointment approved on 7 Aug 2026, subject to shareholder approval)
- Term: 5 years (to 18 May 2032)
Quint Digital Limited (539515)
- Board-level change (internal auditor): Appointment of Internal Auditor (not a director role)
- Not included in director section (kept here only as context: replaced internal auditor)
4. Notable Company-Specific Situations
Powerica Limited (544744)
- Clustered board actions on the same date: multiple director re-appointments (Whole-time + Independent) plus an Additional Director appointment, all approved at the same board meeting (7 Aug 2026).
Universal Cables Limited (504212)
- CFO transition scheduled: CFO resignation effective 30 Sep 2026 with successor appointment effective 21 Oct 2026 (overlapping transition window).
5. Reappointments / Extensions (Side Notes)
Powerica Limited (544744)
- Re-appointments of Independent Directors (Udaya Jena; Sunil Lobo) and Whole-time Directors (Renu Naresh Oberoi; Pradeep Gupta) for multi-year terms starting Apr/Jun 2027.
Kaya Limited (539276)
- Re-appointment of Independent Director Ms. Vasuta Agarwal for 5 years from 3 Aug 2026.
Lemon Tree Hotels Limited (541233)
- Chairman role changes from Executive Chairman to Non-Executive Chairman effective 1 Apr 2027 (succession plan).
