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 (i.e., no resignation reasons indicating governance/ethics/mismanagement concerns).
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Shalimar Paints Limited (SHALPAINTS / 509874)
- Change: Appointment
- Person: Mr. Kundan Sangwar
- Role: CFO
- Effective Date: 12 Aug 2026
- Context: Board approved appointment as Chief Financial Officer (KMP).
Bata India Limited (BATAINDIA / 500043)
- Change: Appointment (AGM approval)
- Person: Mr. Sanjay S. Rao
- Role: Managing Director (MD)
- Effective Date: 1 Oct 2026 (term 1 Oct 2026 to 23 Aug 2031)
- Context: AGM approved appointment as MD (not liable to retire by rotation).
Orient Bell Limited (ORIENTBELL / 530365)
- Change: Re-appointment (AGM approval)
- Person: Mr. Mahendra K. Daga
- Role: Chairman & Whole-Time Director
- Effective Date: 1 Apr 2027 to 31 Mar 2030
- Context: AGM approved further term of three years.
Hexagon Nutrition Limited (HEXAGON / 544785)
- Change: Appointment
- Person: Mr. Raghunath Sawant
- Role: Additional Executive Director (not CEO/CFO/COO/Chairman/MD)
- Effective Date: 12 Aug 2026
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Context: Board appointed as Additional Executive Director (excluded from “Key Leadership” scope, but noted here only because it appears alongside MD/Chairman items in the filing).
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Change: Re-appointment (recommended/subject to members approval)
- Person: Mr. Arun Purushottam Kelkar
- Role: Chairman & Director
- Effective Date: 28 Sep 2026 (as per filing annexure)
- Context: Board recommended re-appointment; subject to shareholder approval.
Religare Enterprises Limited (RELIGARE / 532915)
- Change: Re-designation
- Person: Mr. Arjun Lamba
- Role: Managing Director (MD) (earlier Executive Director / WTD)
- Effective Date: 12 Aug 2026
- Context: Board approved re-designation as MD on same terms and conditions (subject to shareholders’ approval).
Berger Paints (India) Limited (BERGEPAINT / 509480)
- Change: Re-appointment (AGM approval)
- Person: Mr. Abhijit Roy
- Role: Managing Director & CEO
- Effective Date: 1 Jul 2027 to 30 Jun 2031
- Context: AGM approved re-appointment for 4 years post current term.
Variman Global Enterprises Limited (540570)
- Change: Re-appointment
- Person: Mr. Sirish Dayata
- Role: Managing Director (MD)
- Effective Date: 1 Oct 2026 (term 3 years)
- Context: Board approved re-appointment (subject to approvals as per annexure).
2. Executive Management Changes (below CEO/CFO/COO)
No qualifying senior executive appointments/resignations (below CEO/CFO/COO) were clearly specified in the provided set, except where roles were outside the requested scope (e.g., “Internal Auditor”, “Chief Growth Officer” is below CEO/CFO/COO but is not consistently captured as a “senior executive” in the same way across filings—see Board/Director section instead if needed).
3. Board / Director Changes (Independent/NED/Additional directors)
Universus Photo Imagings Limited (UNIVPHOTO / 542933)
- Appointment (Board): Re-appointment
- Person: Mr. Sanjeev Aggarwal
- Role: Independent Director (Non-Executive)
- Effective Date: 13 Nov 2026 – 12 Nov 2031 (subject to members approval)
- Context: Second term of 5 consecutive years approved by Board.
Svarnim Trade Udyog Limited (SVARNIM / 539911)
- Appointment: Ms. Nidhi Bansal
- Role: Additional Non-Executive Independent Director
- Effective Date: 12 Aug 2026 (subject to shareholders’ approval)
- Resignation: Mr. Manish Shrichand Bachani
- Role: Non-executive Independent Director
- Effective Date: 12 Aug 2026 (resignation effective at close of business hours)
- Context: Resignation stated as “personal reason”.
Universus Photo Imagings Limited (UNIVPHOTO / 542933)
- (Already covered above under Board changes.)
Orient Bell Limited (ORIENTBELL / 530365)
- Re-appointment: Mr. K.M. Pai
- Role: Non-Executive Independent Director (second & final term)
- Effective Date: 1 Apr 2027 – 31 Mar 2032
- Re-appointment: Ms. Bindiya Shyam Agrawal
- Role: Non-Executive Non-Independent Director
- Effective Date: 28 Oct 2026 – 27 Oct 2027
- Appointment: Mr. Sreeji Kamala Gopinathhan
- Role: Non-Executive Independent Director
- Effective Date: 19 May 2026 – 18 May 2029 (first term; not liable to retire by rotation)
Svarnim Trade Udyog Limited (SVARNIM / 539911)
- (Already covered above under Board changes.)
Chandrima Mercantiles Limited (CHANDRIMA / 540829)
- Resignation: Mr. Parin Shirishkumar Bhavsar
- Role: Non-Executive Independent Director
- Effective Date: 12 Aug 2026
- Context: Resignation reason stated as “pre-occupancy”.
- Appointment: Ms. Neha Singhal
- Role: Additional Non-Executive Independent Director
- Effective Date: 12 Aug 2026
Swadeshi Industries and Leasing Ltd (506863)
- Appointment: Mr. Rajeev Ranjan Sarkari
- Role: Additional Independent Director
- Effective Date: 12 Aug 2026 (term until next AGM / last date of AGM, whichever earlier)
Maestros Electronics & Telecommunications Systems Limited (538401)
- Re-appointment: Mr. Prakash Vithal Page
- Role: Independent Director
- Effective Date: 5 Feb 2027 (subject to members approval)
- Context: Re-appointment for 5 years.
Equippp Social Impact Technologies Limited (EQUIPPP / 590057)
- Re-appointment: Dr. Narendra Mairpady
- Role: Independent Director
- Effective Date: 5 Nov 2026 – 4 Nov 2031 (subject to shareholders’ approval)
- Appointment: Mr. Vegendla Srinivasa Rao
- Role: Non-Executive Non-Independent Director
- Effective Date: 12 Aug 2026 (subject to shareholders’ approval)
SoftTech Engineers Limited (SOFTTECH / 543470)
- Re-appointment: Dr. Rakesh Kumar Singh
- Role: Independent Director
- Effective Date: Effective from Aug 12, 2027 – Aug 11, 2032 (subject to shareholders’ approval at AGM)
- Appointment (senior management, not a director): Mr. Rahul Gambhir as Chief Growth Officer (excluded from “Board/Director” but appears in the filing)
Shree Pushkar Chemicals & Fertilisers Limited (SHREEPUSHK / 539334)
- Resignation: Mr. Ramakant Madhav Nayak
- Role: Non-Executive Non-Independent Director
- Effective Date: 13 Aug 2026 (close of business hours)
- Context: “due to advancing age”
- Appointment: Mr. Raghav Punit Makharia
- Role: Additional Non-Executive Non-Independent Director
- Effective Date: 13 Aug 2026 (until ensuing AGM / last date of AGM, whichever earlier)
- Also: Board recommended appointment as Non-Executive Non-Independent Director at ensuing AGM.
Axita Cotton Limited (AXITA / 542285)
- Re-appointment: Mr. Vinod Kanubhai Rana
- Role: Independent Director
- Effective Date: 22 Feb 2027 – 21 Feb 2032 (subject to shareholders’ approval)
Svarnim Trade Udyog Limited (SVARNIM / 539911)
- (Already covered above.)
Hexagon Nutrition Limited (HEXAGON / 544785)
- (Chairman re-appointment is covered under Key Leadership; no separate independent/NED changes were clearly specified beyond that.)
4. Notable Company-Specific Situations
Svarnim Trade Udyog Limited (SVARNIM / 539911)
- Clustered board changes on same date:
- Independent director resignation (Manish Shrichand Bachani) effective 12 Aug 2026
- Independent director appointment (Nidhi Bansal) effective 12 Aug 2026
- Audit/NRC reconstitution also effective 12 Aug 2026.
Chandrima Mercantiles Limited (CHANDRIMA / 540829)
- Board reshuffle on same date: resignation of one independent director and appointment of another, both effective 12 Aug 2026, along with committee reconstitutions.
5. Reappointments / Extensions (Side Notes)
Orient Bell Limited (ORIENTBELL / 530365)
- Re-appointments approved at AGM: Chairman & WTD (Mahendra K. Daga), Independent (K.M. Pai), Non-Independent (Bindiya Shyam Agrawal); plus Independent (Sreeji Kamala Gopinathhan) term confirmation.
Berger Paints (India) Limited (BERGEPAINT / 509480)
- MD & CEO (Abhijit Roy) re-appointed for 4 years from 1 Jul 2027.
Universus Photo Imagings Limited (UNIVPHOTO / 542933)
- Independent Director (Sanjeev Aggarwal) re-appointed for second term (5 years) subject to members approval.
Axita Cotton Limited (AXITA / 542285)
- Independent Director (Vinod Kanubhai Rana) re-appointed for second term (5 years) subject to members approval.
Equippp Social Impact Technologies Limited (EQUIPPP / 590057)
- Independent Director (Dr. Narendra Mairpady) re-appointed for 5 years subject to shareholders’ approval.
- Whole-time director (Mrs. Vindhya Dronamraju) re-appointment also approved (not in Key Leadership scope but relevant for governance continuity).
If you want, I can also produce a separate annexure listing statutory auditor/internal auditor changes (these were frequent in the filings) while keeping the leadership/board sections strictly per your rules.
