Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
No filings in the provided set contained a resignation “for cause” with governance/ethical/mismanagement-type reasons. (All cited reasons were personal/retirement/role changes or similar.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Revathi Equipment India Limited (BSE: 544246)
- Change: Appointment (CFO)
- Person: Mr. Mahesh Gupta
- Role: Chief Financial Officer (CFO) & Key Managerial Personnel
- Effective Date: 10 Aug 2026
- Context: Board appointment based on recommendations of Nomination & Remuneration Committee and Audit Committee.
Global Surfaces Limited (BSE: 543829)
- Change: Resignation/cessation (CFO additional charge) + Appointment (CFO)
- Person: Mr. Mayank Shah
- Role: Chief Financial Officer (additional charge)
- Effective Date: Close of business hours on 10 Aug 2026
- Context: Relinquishment of additional CFO charge to ensure separation of roles (Chairman & MD vs CFO).
- Person: Mr. Ashish Agarwal
- Role: Chief Financial Officer (CFO) (KMP)
- Effective Date: 11 Aug 2026
- Context: Appointment as full-time CFO on recommendation of NRC and Audit Committee.
Global Surfaces Limited (BSE: 543829)
- Change: Re-appointment (MD/Chairman role)
- Person: Mr. Mayank Shah
- Role: Chairman & Managing Director
- Effective Date: Continues; CFO additional charge ceased on 10 Aug 2026
- Context: Filing notes he continues as Chairman & MD.
Ramky Infrastructure Limited (BSE: 533262)
- Change: Re-appointment (MD)
- Person: Mr. Yancharla Rathnakara Nagaraja
- Role: Managing Director
- Effective Date: 01 Apr 2027
- Context: Re-appointment for 5 years, subject to shareholder approval.
Valiant Laboratories Limited (BSE: 543998)
- Change: Re-appointment (MD)
- Person: Mr. Santosh Vora
- Role: Managing Director
- Effective Date: 06 Feb 2027
- Context: Re-appointment for 5 years, subject to shareholder approval (Special Resolution).
Asian Hotels (North) Limited (BSE: 500023)
- Change: Re-appointment (Whole-time Director designated as Executive Director)
- Person: Mr. Krishna Kumar Acharya
- Role: Whole-time Director designated as Executive Director
- Effective Date: 12 Aug 2026 to 11 Aug 2028 (term stated)
- Context: Re-appointment for 2 years, subject to shareholder approval within 3 months.
2. Executive Management Changes (below CEO/CFO/COO)
Revathi Equipment India Limited (BSE: 544246)
- Resignation (Senior Management Personnel cessation): Mr. B. Srinivasan
- Role: Vice President (Operations)
- Effective Date: Close of business hours on 14 Sep 2026
- Context: Resignation dated 17 Jul 2026; reason stated as “personal reasons / pre-occupation and other personal commitments”.
- Retirement (cessation): Mr. S. Balasundaram
- Role: VP – Marketing (PSU) & Quality Control
- Effective Date: Close of business hours on 10 Aug 2026
- Context: Cessation due to retirement.
Global Surfaces Limited (BSE: 543829)
- Appointment: Mr. L. N. Bakshi
- Role: Vice President – Sales & Marketing (designated as Senior Management Personnel)
- Effective Date: 10 Aug 2026
- Context: Designated as Senior Management Personnel under Regulation 16(1)(d).
Choice International Limited (BSE: 531358)
- Resignation: Mr. Manoj Singhania
- Role: CFO & KMP
- Effective Date: Close of business hours on 10 Aug 2026
- Context: Resignation due to taking over other responsibilities within the Group.
- Appointment: Mr. Ayush Sharma
- Role: CFO & KMP
- Effective Date: 10 Aug 2026
- Context: Board appointment on recommendations of NRC and Audit Committee.
Bandhan Bank Limited (BSE: 541153)
- Resignation (senior executive): Mr. Prakash E
- Role: Chief of Internal Vigilance (Interim)
- Effective Date: Resignation tendered 10 Aug 2026; last working day stated as 07 Nov 2026
- Context: Resignation due to personal reasons (interim role).
Yaan Enterprises Limited (BSE: 538521)
- Appointment: Ms. Sakshi Daga
- Role: Company Secretary & Compliance Officer
- Effective Date: 10 Aug 2026
- Context: Board appointment; also acts as authorized official for materiality/disclosure under Reg 30(5).
Caprihans India Limited (BSE: 509486)
- Resignation (board committee member impact): Mr. Avinash S. Joshi
- Role: Independent Director (also stepped down from Audit Committee chairmanship and committee memberships)
- Effective Date: Close of business hours on 10 Aug 2026
- Context: Resignation as Independent Director; reason stated as “personal reasons” (no other material reasons).
Advit Jewels Limited (BSE: 544803)
- Resignation: Mr. Krishna Vardhan Gilara
- Role: Non-Executive Non-Independent Director
- Effective Date: 10 Aug 2026
- Context: Resigned “consequent to” appointment as Senior Management Personnel (Chief Expansion Officer).
- Appointment: Mr. Krishna Vardhan Gilara
- Role: Chief Expansion Officer (Senior Management Personnel)
- Effective Date: 10 Aug 2026
- Context: Appointment as SMP to drive expansion strategy.
- Appointment: Mr. Abhishek Gilara
- Role: Joint Managing Director (also Additional Director)
- Effective Date: 10 Aug 2026
- Context: Appointment for 5 years, subject to shareholder approval.
- Designation change: Mr. Vipul Gilara
- Role: Whole-time Director & Chief Executive Officer
- Effective Date: 10 Aug 2026
- Context: Change in designation.
Maxgrow India Limited (BSE: 521167)
- Resignation: Ms. Pooja Pravin Keer
- Role: Independent Director
- Effective Date: 10 Aug 2026
- Context: Resignation to pursue other professional opportunities.
- Resignation: Mr. Rakesh Guda
- Role: Non-Executive Director
- Effective Date: 10 Aug 2026
- Context: Resignation to pursue other professional opportunities.
Revathi Equipment India Limited (BSE: 544246)
- Appointment (CFO already covered above)
3. Board / Director Changes (Independent/NED/Additional)
Caprihans India Limited (BSE: 509486)
- Resignation: Mr. Avinash S. Joshi
- Role: Independent Director
- Effective Date: Close of business hours on 10 Aug 2026
- Context: Resignation; reason stated as personal reasons; also stepped down from Audit Committee chairmanship and memberships.
Global Surfaces Limited (BSE: 543829)
- Re-appointment: Mrs. Sweta Shah
- Role: Whole-time Director
- Effective Date: 11 Sep 2026 to 10 Sep 2029
- Context: Re-appointment for 3 years, subject to shareholder approval.
- Re-appointment: Dr. Chandan Chowdhury
- Role: Independent Director (2nd term)
- Effective Date: 26 Oct 2026 to 25 Oct 2028
- Context: Re-appointment for 2 years, subject to shareholder approval (Special Resolution).
- Re-appointment (statutory auditors covered separately; director reappointments above).
Ramky Infrastructure Limited (BSE: 533262)
- Re-appointment: Dr. Anantapuram Guggela Ravindranath Reddy
- Role: Non-Executive Director (liable to retire by rotation)
- Effective Date: (as per filing; re-appointment recommended for approval at AGM)
- Context: Re-appointment as Non-Executive Director.
- Re-appointment: Mr. Eshwar Reddy Purmandla
- Role: Independent Director
- Effective Date: 09 Nov 2026
- Context: Re-appointment for 5 years, subject to shareholder approval.
- Re-appointment: Mr. Yancharla Rathnakara Nagaraja
- Role: Managing Director (covered in Key Leadership section)
GHV Infra Projects Limited (BSE: 505504)
- Appointment: Mr. Swarup Dasgupta
- Role: Additional Director (Non-Executive Independent)
- Effective Date: 10 Aug 2026
- Context: 5-year term to 09 Aug 2031; subject to shareholder approval at AGM.
- Appointment: Mr. Manoj Aggarwal
- Role: Additional Director (Non-Executive Independent)
- Effective Date: 10 Aug 2026
- Context: 5-year term to 09 Aug 2031; subject to shareholder approval at AGM.
- Appointment: Mr. Dhanraj Onduji Tawade
- Role: Additional Director (Non-Executive Independent)
- Effective Date: 10 Aug 2026
- Context: 5-year term to 09 Aug 2031; subject to shareholder approval at AGM.
Vibrant Global Capital Limited (BSE: 538732)
- Appointment: Mrs. Chhaya Ambrish Kapadia
- Role: Non-Executive Independent Director (Additional)
- Effective Date: 10 Aug 2026
- Context: 5-year term; subject to shareholder approval (AGM/Postal ballot).
- Cessation/Resignation noted: Mrs. Khushboo Anish Pasari
- Role: Independent Director
- Effective Date: Close of business hours on 10 Aug 2026
- Context: Cessation due to completion of two consecutive terms.
Euro Pratik Sales Limited (BSE: 544519)
- Appointment: Mr. Manish Sacheti
- Role: Non-Executive Independent Director
- Effective Date: 10 Aug 2026
- Context: 5-year term; subject to shareholder approval (Special Resolution).
Valiant Laboratories Limited (BSE: 543998)
- Re-appointment: Mrs. Sonal Vira
- Role: Independent Director
- Effective Date: 16 Feb 2027
- Context: Second term of 5 years; subject to shareholder approval (Special Resolution).
- Continuation: Mr. Shantilal Vora
- Role: Non-Executive Non-Independent Director
- Effective Date: 05 Nov 2027
- Context: Continuation upon attaining age of 75; subject to shareholder approval (Special Resolution).
VSF Projects Limited (BSE: 519331)
- Re-appointment: Mr. Ramesh Babu Nemani
- Role: Independent Director
- Effective Date: 15 Nov 2026 to 14 Nov 2031
- Context: Second term; subject to shareholder approval (Special Resolution).
- Re-appointment: Mr. Sriramshetty Srinivasa Rao
- Role: Independent Director
- Effective Date: 15 Nov 2026 to 14 Nov 2031
- Context: Second term; subject to shareholder approval (Special Resolution).
Ovobel Foods Limited (BSE: 530741)
- Appointment: Mr. Mysore Narayana Sreedhara
- Role: Additional Director (Non-Executive Independent)
- Effective Date: 10 Aug 2026
- Context: 5-year term; subject to shareholder approval.
United Drilling Tools Limited (BSE: 522014)
- No director changes (cost auditor appointment only; excluded from director section)
KSH International Limited (BSE: 544664)
- No director changes (auditor appointments only; excluded from director section)
Advit Jewels Limited (BSE: 544803)
- Resignation: Mr. Krishna Vardhan Gilara (Non-Executive Non-Independent Director)
- Effective Date: 10 Aug 2026
- Context: Resigned due to appointment as SMP.
- Appointment: Mr. Abhishek Gilara
- Role: Additional Director & Joint Managing Director
- Effective Date: 10 Aug 2026
- Context: 5-year term; subject to shareholder approval.
- Designation change: Mr. Vipul Gilara to CEO (board role continues as WTD)
Advit Jewels Limited (BSE: 544803)
- Re-appointment (subject to shareholder approval): Mr. Prateek Gilara
- Role: Whole-time Director
- Effective Date: 10 Aug 2026 (as per filing; subject to AGM approval)
Asian Hotels (North) Limited (BSE: 500023)
- Re-appointment: Mr. Krishna Kumar Acharya
- Role: Whole-time Director designated as Executive Director
- Effective Date: 12 Aug 2026 to 11 Aug 2028
- Context: Subject to shareholder approval within 3 months.
4. Notable Company-Specific Situations (within-company clustering)
Revathi Equipment India Limited (BSE: 544246)
- Cluster: Two senior management cessations in close proximity:
- VP (Operations) resignation effective 14 Sep 2026
- VP (Marketing & QC) retirement effective 10 Aug 2026
Maxgrow India Limited (BSE: 521167)
- Cluster: Two director resignations on the same date (10 Aug 2026):
- Independent Director (Pooja Pravin Keer)
- Non-Executive Director (Rakesh Guda)
Caprihans India Limited (BSE: 509486)
- Cluster: Independent Director resignation on 10 Aug 2026 with immediate committee stepping-down (Audit Committee chairmanship and memberships) and subsequent committee re-composition effective 11 Aug 2026.
Choice International Limited (BSE: 531358)
- Cluster: CFO transition on 10 Aug 2026:
- CFO resignation (Manoj Singhania) and
- CFO appointment (Ayush Sharma) same day.
5. Reappointments / Extensions (side notes)
(Only where explicitly stated in filings above.)
– Global Surfaces Limited: Re-appointment of Whole-time Director (Sweta Shah) and Independent Director (Dr. Chandan Chowdhury).
– Ramky Infrastructure Limited: Re-appointment of MD (Yancharla Rathnakara Nagaraja) and Independent Director (Eshwar Reddy Purmandla).
– Valiant Laboratories Limited: Re-appointment of MD (Santosh Vora) and Independent Director (Sonal Vira); continuation of Shantilal Vora.
– VSF Projects Limited: Re-appointment of two Independent Directors for second terms.
– Asian Hotels (North) Limited: Re-appointment of Executive Director (Krishna Kumar Acharya) for 2 years.
