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Management Changes

Netlink Solutions appoints new CFO and MD after resignations

August 19, 2026 5 mins read Firehose Gupta

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

0. Critical Alerts (Resignations “for cause”)

No resignations were explicitly stated as “for cause” / governance / ethical / mismanagement related in the provided filings.


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

Capacit’e Infraprojects Limited (540710)

  • Change: Resignation (CEO / Director – Operation & CEO)
  • Person: Mr. Rajendra K Jain
  • Role: Director – Operation & CEO
  • Effective Date: Close of working hours, 18 Aug 2026
  • Context: Tendered resignation; ceased to be Senior Management Personnel with effect from the above date.

Digitide Solutions Limited (544413)

  • Change: CFO transition (internal role change + CFO appointment)
  • Person: Mr. Suraj Prasad
  • Role: Chief Financial Officer (transitioned)
  • Effective Date: Transition effective 01 Oct 2026 (continues as CFO/KMP till 30 Sep 2026)
  • Context: Transitioned to Chief Strategy and Corporate Development Officer while retaining CFO responsibilities until 30 Sep 2026.

  • Change: Appointment

  • Person: Mr. Harigovind Krishnasamy
  • Role: Chief Financial Officer (Designate) → CFO & KMP from 01 Oct 2026
  • Effective Date: 01 Oct 2026
  • Context: Appointed as CFO (Designate) with immediate effect; assumes CFO/KMP responsibilities from 01 Oct 2026.

Netlink Solutions (India) Ltd. (509040)

  • Change: Resignation
  • Person: Mrs. Kajal Gopal Baldha
  • Role: Whole Time Director & CFO
  • Effective Date: Close of business hours, 18 Aug 2026
  • Context: Resigned due to pre-occupation and personal commitments.

  • Change: Appointment

  • Person: Mr. Bhanu Rank
  • Role: CFO
  • Effective Date: 19 Aug 2026
  • Context: Appointed consequent to CFO resignation.

  • Change: Appointment

  • Person: Mr. Gopalkumar Girdharbhai Ranparia
  • Role: Additional Director – Managing Director (MD) (also WTD)
  • Effective Date: 19 Aug 2026
  • Context: Appointed consequent to WTD resignation.

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

Laxmi Organic Industries Limited (543277)

  • Resignation: Dr. Keshav Ruthia — Chief Procurement Officer (CPO)
  • Effective/Relief: Relieved 31 Oct 2026
  • Context: Resigned to pursue an opportunity outside Laxmi (personal aspirations).

  • Resignation: Mr. Salil Mukundan — Chief Technology Officer (CTO)

  • Effective/Relief: Relieved 31 Oct 2026
  • Context: Resigned to pursue an opportunity outside Laxmi (personal aspirations); company integrating responsibilities and not envisaging like-for-like replacements.

Interarch Building Solutions Limited (544232)

  • Resignation: Mr. Sumesh Sehgal — DGM – Safety
  • Effective Date: Relieved 18 Aug 2026
  • Context: Resignation notice dated 11 Aug 2026; due to personal reasons.

Lakhotia Polyesters (India) Limited (535387)

  • Resignation: Mr. Ashokkumar Gulabchand Khajanchi — Executive Director
  • Effective Date: 18 Aug 2026
  • Context: Resignation due to personal reasons and unavoidable circumstances.

Flexituff Ventures International Limited (533638)

  • Resignation (clarification filing): Mr. Dharmendra Pawar — Non-Executive Independent Director
  • Stated reason in resignation letter: “personal and unavoidable circumstances”
  • Context: Company filed clarification regarding delay in submitting resignation intimation to BSE due to technical glitches.

3. Board / Director Changes (Independent/NED/Additional directors)

GAMCO Limited (540097)

  • Appointment (shareholder approval at EOGM): Mr. Satish Kumar Garg
  • Role: Non-Executive Independent Director
  • Context: Appointment resolution placed at EOGM held 18 Aug 2026 (outcome proceedings filed).

Quint Digital Limited (539515)

  • Re-appointment: Ms. Abha Kapoor
  • Role: Independent Director
  • Effective Date: 31 Dec 2026 to 30 Dec 2031 (second term of 5 years)
  • Context: Approved by members at 41st AGM held 18 Aug 2026.

Emkay Global Financial Services Limited (EMKAY / 532737)

  • Appointment: Mr. Rajesh Shah
  • Role: Additional Non-Executive Independent Director
  • Effective Date: 19 Aug 2026 (term 5 years up to 18 Aug 2031; subject to shareholder approval)
  • Context: Board circular resolution dated 18 Aug 2026.

Balmer Lawrie & Company Limited (BALMLAWRIE / 523319)

  • Appointment: Adv. Dominic Tadar
  • Role: Additional Non-Executive Independent Director
  • Effective Date: 18 Aug 2026 (until next general meeting; subject to shareholder approval)
  • Context: Nominated by Ministry of Petroleum & Natural Gas.

  • Appointment: CA Vivek Mittal

  • Role: Additional Non-Executive Independent Director
  • Effective Date: 18 Aug 2026 (until next general meeting; subject to shareholder approval)
  • Context: Nominated by Ministry of Petroleum & Natural Gas.

Bharat Dynamics Limited (BDL / 541143)

  • Appointment (Independent Directors):
  • Shri Ankush Munjal — Independent Director (Part-Time Non-Official)
  • Smt. Vandana Agarwal — Independent Director (Part-Time Non-Official)
  • Shri Pankaj Joshi — Independent Director (Part-Time Non-Official)
  • Effective Date: 17 Aug 2026 (3 years from date of notification / until further orders)
  • Context: Approval conveyed by Ministry of Defence (DoD Production).

BEML Limited (BEML / 500048)

  • Appointment (Independent Directors):
  • Smt. Promila Kundara
  • Shri Shankar Lal Agrawal
  • Shri Karunakaran Nambiar K
  • Effective Date: Preliminary info; appointment letter dated 18 Aug 2026
  • Context: President of India appointed as Independent Directors (Non-Official).

Bharat Electronics Limited (BEL / 500049)

  • Appointment: Shri Partha Pratim Pathak
  • Role: Non-Official Director (Independent Director)
  • Effective Date: 18 Aug 2026
  • Context: Appointed by Ministry of Defence; 3-year tenure from appointment date.

ITCONS e-Solutions Limited (ITCONS / 543806)

  • Appointment: Mr. Ajay Rana
  • Role: Additional Director / Non-Executive Independent Director
  • Effective Date: 18 Aug 2026 to 17 Aug 2027 (1 year; subject to shareholder approval)
  • Context: Board approved based on Nomination & Remuneration Committee recommendation.

Hindustan Construction Company Limited (HCC / 500185)

  • Appointment (shareholder approval): Mr. Nakul Pasricha
  • Role: Independent Director (Non-Executive Independent)
  • Effective Date: July 10, 2026 (term 5 years; not liable to retire by rotation)
  • Context: Approved by members at 109th AGM held 18 Aug 2026.

Deepak Chemtex Limited (544036)

  • No director appointment/resignation captured in the provided filing beyond CS resignation (see executive/CS section below).

Shri Niwas Leasing and Finance Limited (EQ / ISIN INE201F01015)

  • Appointment: Mr. Abhishek (DIN: 10783531)
  • Role: Additional Non-Executive & Non-Independent Director
  • Effective Date: 18 Aug 2026
  • Context: Board approved appointment; term until next EGM.

  • Resignation: Ms. Promila Sharma (DIN: 09735554)

  • Role: Independent Non-Executive Director
  • Effective Date: 18 Aug 2026
  • Context: Resigned due to personal reasons and unavoidable reason.

  • Resignation: Mr. Surendra Kumar Jain (DIN: 00530035)

  • Role: Independent Non-Executive Director
  • Effective Date: 18 Aug 2026
  • Context: Resigned due to personal reasons and unavoidable reason.

Bharat Dynamics / BEML / BEL / etc. (already covered above)

Balmer Lawrie / Quint / Emkay / ITCONS / HCC (already covered above)

JAGJANANI TEXTILES LIMITED (532825)

  • Appointment: Mr. Hemang H Joshi
  • Role: Additional Director (Executive Director)
  • Effective Date: 18 Aug 2026 (subject to shareholder approval)
  • Context: Board approved appointment.

Lakhotia Polyesters (India) Limited (535387)

  • Appointment: Mr. Murli Harishkumar Lakhotia
  • Role: Additional Director (Non-Executive, Non-Independent)
  • Effective Date: 18 Aug 2026 (liable to retire by rotation; subject to shareholder approval)
  • Context: Board approved appointment.

Netlink Solutions (India) Ltd. (509040)

  • Resignation: Mr. Kaushal Ameta
  • Role: Independent Director
  • Effective Date: Close of business hours, 18 Aug 2026
  • Context: Pre-occupation and personal commitments.

  • Appointment: Mr. Dilipkumar Gajanand Nikhare

  • Role: Additional Director (Non-Executive Independent Director)
  • Effective Date: 19 Aug 2026
  • Context: Appointed consequent to resignation of Kaushal Ameta.

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

Netlink Solutions (India) Ltd. (509040)

  • Clustered leadership exits/entries on the same dates:
  • 18 Aug 2026: Resignation of CS (Komal Bairathi); resignation of WTD & CFO (Kajal Gopal Baldha); resignation of Independent Director (Kaushal Ameta).
  • 19 Aug 2026: Appointments of CFO (Bhanu Rank) and MD/WTD (Gopalkumar Girdharbhai Ranparia); appointment of Independent Director (Dilipkumar Gajanand Nikhare); CS (Vidushi Pagare) appointed effective 19 Aug 2026.

Laxmi Organic Industries Limited (543277)

  • Two senior tech/procurement exits (CPO and CTO) with same planned relief date (31 Oct 2026) and explicit statement that no like-for-like replacements are envisaged at senior leadership level.

5. Reappointments / Extensions (Side Notes)

Quint Digital Limited (539515)

  • Re-appointment: Ms. Abha Kapoor as Independent Director for 5 years from 31 Dec 2026 to 30 Dec 2031.

Notes on “Senior Management Personnel” resignations (not in CEO/CFO/COO/Chair/MD list)

Several filings relate to Company Secretary / other SMP resignations (e.g., Netlink CS, Deepak Chemtex CS, City Pulse CS, etc.), but these are excluded from the strict Key Leadership Change section per your role filter.