Daily Management Changes Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
No filings in the provided set show a resignation “for cause” with governance/ethical/mismanagement-type reasons. (Most cited reasons were personal/professional commitments or completion of term.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)
Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC)
- Change: Appointment / Resignation (MD)
- Person: Shri Sanjeev Kumar, IAS (DIN: 03600655)
- Role: Managing Director (MD)
- Effective Date: 09/09/2026
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Context: Government of Gujarat notification assigned additional charge as MD vice Shri Rajkumar Beniwal, IAS (transferred).
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Change: Resignation / Cessation (MD)
- Person: Shri Rajkumar Beniwal, IAS (DIN: 07195658)
- Role: Managing Director (MD)
- Effective Date: 09/09/2026
- Context: Relinquished charge and ceased to hold MD office (resignation letter enclosed).
Inflame Appliances Limited (INFLAME)
- Change: Appointment (MD)
- Person: Mr. Amit Kaushik (DIN: 00494125)
- Role: Managing Director (MD) (also designated as CEO)
- Effective Date: 09/07/2026
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Context: AGM approval; appointed MD for 3 years; “was serving as CEO… designated as CEO and MD”.
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Change: Designation change (Chairman/MD → Chairman)
- Person: Mr. Aditya Kaushik (DIN: 06790052)
- Role: Chairman (Non-Executive, Non-Independent)
- Effective Date: 12/08/2026
- Context: Change in designation from Chairman & MD to Chairman & Non-Executive Non-Independent Director.
2. Executive Management Changes (senior executives below CEO/CFO/COO)
Bank of Baroda (BANKBARODA)
- Resignation: Mr. Sachdeva Sumit
- Role: Head – Large Corporate Relationships
- Effective Date: 09/09/2026
- Context: Resignation letter cites “Personal & Professional aspirations” (resignation from service).
Birla Corporation Limited (BIRLACORPN)
- Resignation / Cessation (SMP): Shri Kalidas Pramanik
- Role: Chief Marketing Officer
- Effective Date: close of business hours of 09/09/2026
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Context: Requested early superannuation due to “ongoing family health challenges”; will continue in advisory capacity.
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Appointment / Designation change (SMP): Shri Tamal Kumar Pal
- Role: President – National Sales Head (designated as Senior Management Personnel)
- Effective Date: 10/09/2026
- Context: Designated as National Sales Head.
3. Board / Director Changes (Independent/NED/Additional directors)
Asian Paints Limited (ASIANPAINT)
- Appointment: Ms. Shubhlakshmi Dani (DIN: 02942138)
- Role: Non-Executive Director
- Effective Date: deemed approval passed on 09/09/2026 (postal ballot results; appointment subject to shareholders)
- Context: Shareholders approved appointment following earlier Board approval as Additional Non-Executive Director.
Madhusudan Industries Limited (MADHUDIN)
- Re-appointment: Mr. Daarrpan Shah (DIN: 09449828)
- Role: Independent Director (second term)
- Effective Date: w.e.f. 30/12/2026
- Context: AGM special resolution approved second term of 5 years.
Indoworth Holdings Limited (formerly Uniworth Securities Limited) (512408)
- Appointment: Mr. Kishor Jhunjhunwala (DIN: 00035091)
- Role: Additional Non-Executive Independent Director
- Effective Date: 04/09/2026
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Context: Board approved appointment; shareholders approved via postal/AGM process (as per filings).
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Resignation: Mr. Vivek Chaudhary (DIN: 08396579)
- Role: Independent Director
- Effective Date: close of business hours on 04/09/2026
- Context: “due to pre occupation elsewhere”.
Empower India Limited (EMPOWER)
- Resignation: Mr. Naveenakumar Kunjaru (DIN: 07087891)
- Role: Non-Executive Independent Director
- Effective Date: 09/09/2026
- Context: Resignation due to “personal and family commitments”.
Sabrimala Industries India Limited (SABRIMALA)
- Appointment (clarification): Ms. Sangeeta Harpalani (DIN: 00094706)
- Role: Additional Director (Executive)
- Effective Date: 11/08/2026 (as per annexure)
- Context: Company clarified she is appointed exclusively as Additional Director (Executive) and not as CFO.
Olympia Industries Limited (OLYMPTX)
- Appointment: Mr. Vishal Rajgarhia (DIN: 03179235)
- Role: Non-Executive Independent Director
- Effective Date: 09/09/2026
- Context: AGM approval for 5-year term (to 08/2031).
Multiplus Holdings Limited (MULTIIN)
- Resignation (Independent Directors):
- Mr. Alpesh Hasmukhrai Modi (DIN: 07469816) — cessation: 08/09/2026
- Mr. Ajay Dhanjibhai Gungla (DIN: 07469832) — cessation: 08/09/2026
- Context: Completion of term as per regulations.
Canara HSBC Life Insurance Company Limited (CANHLIFE)
- Re-appointment: Dr. Kishore Kumar Sansi (DIN: 07183950)
- Role: Non-Executive Independent Director
- Effective Date: 27/10/2026 to 26/10/2029
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Context: Reappointment approved by Board (circulation resolution); subject to member approval.
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Re-appointment: Mr. Supratim Bandyopadhyay (DIN: 03558215)
- Role: Non-Executive Independent Director
- Effective Date: 28/11/2026 to 27/11/2029
- Context: Reappointment approved by Board (circulation resolution); subject to member approval.
Hemo Organic Limited (HEMORGANIC)
- Appointment: Mr. Ayush Dharmendrabhai Jasani (DIN: 09842741)
- Role: Additional Director (Non-Executive, Non-Independent) and Chairperson
- Effective Date: 09/09/2026
- Context: Appointment subject to member approval.
Unistar Multimedia Limited (UNISTAR MULTIM.) (ticker not provided in excerpt)
- Resignation: Ms. Rupinder Manjotsingh Oberoi (DIN: 09200309)
- Role: Additional Director
- Effective Date: 09/09/2026
- Context: Resignation due to health issues.
Intec Capital Limited (INTECCAP)
- Cessation (Independent Director tenure completion): Ms. Shilpy Chopra (DIN: 07161915)
- Role: Independent Director
- Effective Date: close of business hours on 11/05/2026
- Context: Tenure completion; company notes oversight in recording/acting on expiry.
Olympia Industries Limited (OLYMPTX)
- (Already covered above under board changes.)
4. Notable Company-Specific Situations
Indoworth Holdings Limited (512408)
- Clustered board changes: Independent director Vivek Chaudhary resigned effective 04/09/2026, while Kishor Jhunjhunwala appointed effective 04/09/2026 (near-simultaneous board refresh).
Divgi TorqTransfer Systems Limited (DIVGIITTS)
- Governance/controls reshuffle: Company Secretary resignation (19/09/2026) plus appointment of Compliance Officer (effective 20/09/2026) and Internal Auditor appointment (approved 09/09/2026).
5. Reappointments / Extensions (side notes)
Canara HSBC Life Insurance Company Limited (CANHLIFE)
- Re-appointment: Two Independent Directors for second terms of 3 years (effective 27/10/2026 and 28/11/2026, respectively).
Madhusudan Industries Limited (MADHUDIN)
- Re-appointment: Independent Director Daarrpan Shah for second 5-year term starting 30/12/2026.
Advance Metering Technology Limited (ADVANCEMETER)
- Re-appointment (board): Mrs. Ameeta Ranade (DIN: 00006019) re-appointed as Non-Executive Director for 5 years (effective 14/08/2026 to 13/08/2031).
- Re-appointment (auditors): GSA & Associates LLP re-appointed as Statutory Auditors for 5 years (to AGM in 2031).