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Management Changes

CFO Turnover: Sueryaa, GTPL, Uttam Sugar Appoint Replacements

September 19, 2026 4 mins read Firehose Gupta

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

0. Critical Alerts (for-cause resignations)

No “for cause” resignations were identified in the provided filings (i.e., no resignation reasons indicating governance/ethics/mismanagement, lack of information, or similar serious allegations).


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

Sueryaa Knitwear Limited (SUERYAA)

  • Change: Resignation (CFO)
  • Person: Ms. Honey Agarwal
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 18 September 2026
  • Context: Board accepted resignation; resignation letter states “personal exigencies” (no other material reasons mentioned).

  • Change: Appointment

  • Person: Ms. Snehlata Kaim
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 18 September 2026
  • Context: Appointed w.e.f. 18 September 2026 on Board recommendation of Audit Committee & Nomination & Remuneration Committee.

Uttam Sugar Mills Limited (UTTAMSUGAR)

  • Change: Appointment (CFO)
  • Person: Mr. Harish Kumar Dhingra
  • Role: Chief Financial Officer (CFO) / designated as General Manager – Finance & CFO
  • Effective Date: 18 September 2026
  • Context: Board appointed as CFO (KMP).

GTPL Hathway Limited (GTPL)

  • Change: Appointment (CFO)
  • Person: Mr. Piyush Pankaj
  • Role: Chief Financial Officer (CFO) (KMP)
  • Effective Date: 1 October 2026
  • Context: Replaces Mr. Saurav Banerjee, who superannuates on 30 September 2026.

Aavas Financiers Limited (AAVAS)

  • Change: Appointment / designation change (MD)
  • Person: Mr. Manu Yeshpal Singh
  • Role: Managing Director (MD) & CEO (designation change)
  • Effective Date: 19 September 2026
  • Context: Board approved MD appointment (subject to shareholder approval) and change from CEO to MD & CEO.

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

5paisa Capital Limited (5PAISA)

  • Resignation: Mr. Abhinav Agarwal
  • Role: Head – Investing Product
  • Effective Date: Close of business hours, 18 September 2026
  • Context: Resignation to pursue better career opportunities outside the organization.

GTPL Hathway Limited (GTPL)

  • Appointment: Mr. Ashwinkumar Patel
  • Role: Company Secretary & Compliance Officer (KMP)
  • Effective Date: 19 September 2026
  • Context: Board appointment as CS & Compliance Officer.

3. Board / Director Changes

One MobiKwik Systems Limited (MOBIKWIK)

  • Resignation: Mr. Raghu Ram Hiremagalur Venkatesh
  • Role: Non-Executive Independent Director
  • Effective Date: Immediate (18 September 2026)
  • Context: “pre-occupation with other professional commitments.”

Sanghvi Brands Limited (SBRANDS)

  • Appointment: Mr. Rohit Prakash Bafana
  • Role: Independent Director (regularised/appointed at AGM)
  • Effective Date: 18 September 2026 (regularised); term from May 21, 2026 (as additional director)
  • Context: Appointment approved at 16th AGM.

Jagran Prakashan Limited (JAGRAN)

  • Re-appointment (WTDs):
  • Mr. Dhirendra Mohan Gupta — Whole-time Director (re-appointed) | w.e.f. 1 Oct 2026 to 30 Sep 2031
  • Mr. Sunil Gupta — Whole-time Director (re-appointed) | w.e.f. 1 Oct 2026 to 30 Sep 2031
  • Mr. Sanjay Gupta — Whole-time Director (re-appointed) | w.e.f. 1 Oct 2026 to 30 Sep 2031
  • Mr. Shailesh Gupta — Whole-time Director (re-appointed) | w.e.f. 1 Oct 2026 to 30 Sep 2031
  • Continuation:
  • Mr. Mahendra Mohan Gupta — Non-Executive Director (not liable to retire by rotation) | 1 Oct 2026 to 30 Sep 2031

NINtec Systems Limited (NINSYS)

  • Re-appointment: Mrs. Rachana Gemawat
  • Role: Director
  • Effective Date: At AGM (18 September 2026)
  • Context: Re-appointed upon retirement by rotation.

  • Re-appointment: Mr. Niraj Gemawat

  • Role: Managing Director
  • Effective Date: 29 June 2026
  • Context: Re-appointed for 5 years (not liable to retire by rotation).

GSP Crop Science Limited (GSPCROP)

  • Appointment: Mr. Narayanan Pulukhool Nair
  • Role: Independent Director
  • Effective Date: 11 August 2026
  • Context: Shareholders approved appointment at 41st AGM.

Venlon Enterprises Limited (524038)

  • Appointment: Mr. Santhosh Kumar Shet
  • Role: Additional Non-Executive Independent Director
  • Effective Date: 18 September 2026
  • Context: Appointed by Board; subject to shareholder approval at next general meeting within 3 months.

Mangal Electrical Industries Limited (MEIL)

  • Resignation: Ms. Tanvi Surana
  • Role: Independent Director
  • Effective Date: 18 September 2026
  • Context: Resignation due to personal reasons (no other material reasons stated).

Chemcrux Enterprises Limited (CHEMCRUX)

  • Regularisation: Ms. Zarna Pankaj Thakar
  • Role: Independent Director (Non-Executive)
  • Effective Date: 4 August 2026 to 3 August 2027 (1 year)
  • Context: Regularised by members at AGM.

Raconteur Global Resources Limited (541703)

  • Appointment (Independent Directors):
  • Ms. Hina — Independent Director | regularised w.e.f. 11 March 2026 (term 5 years)
  • Mr. Arvinder Singh Kohli — Independent Director | regularised w.e.f. 18 March 2026 (term 5 years)
  • Mr. Sourabh Parnami — Independent Director | regularised w.e.f. 11 March 2026 (term 5 years)
  • Context: Approved at 8th AGM.

Aavas Financiers Limited (AAVAS)

  • Appointment: Mr. Sanjeev Srinivasan
  • Role: Additional Non-Executive Nominee Director
  • Effective Date: 19 September 2026 (subject to shareholder approval)
  • Context: Nominee director nominated by Aquilo House Pte. Ltd.

  • Resignation: Mr. Anant Jain

  • Role: Non-Executive Nominee Director
  • Effective Date: Close of business hours, 18 September 2026
  • Context: “personal reasons.”

GTPL Hathway Limited (GTPL)

  • Appointment: Mr. Gurjeev Singh Kapoor
  • Role: Additional Director (Non-Executive Non-Independent)
  • Effective Date: 1 October 2026 (subject to shareholder approval)
  • Context: Board appointment.

  • Resignation: Mr. Tavinderjit Singh Panesar

  • Role: Non-Executive Non-Independent Director
  • Effective Date: Immediate (18 September 2026)
  • Context: Resignation due to personal reasons.

Milestone Furniture Limited (541337)

  • Resignation: Ms. Payal Vatsal Thakkar
  • Role: Director
  • Effective Date: Close of business hours, 19 August 2026
  • Context: Resignation due to personal reasons.

  • Resignation: Mr. Mayank Rasiklal Kotadia

  • Role: Whole-Time Director & KMP
  • Effective Date: Close of business hours, 21 August 2026
  • Context: Resignation due to personal reasons.

4. Notable Company-Specific Situations

Sueryaa Knitwear Limited (SUERYAA)

  • CFO transition on same date: Ms. Honey Agarwal resigned as CFO and Ms. Snehlata Kaim appointed as CFO both effective 18 September 2026.

GTPL Hathway Limited (GTPL)

  • Clustered board/KMP changes: CS appointment (19 Sep 2026), CFO change (1 Oct 2026), and director resignation (immediate) all disclosed in the same board outcome.

5. Reappointments / Extensions (Side Notes)

NINtec Systems Limited (NINSYS)

  • Re-appointment: Mr. Niraj Gemawat as Managing Director for 5 years from 29 June 2026 to 28 June 2031.

Jagran Prakashan Limited (JAGRAN)

  • Re-appointments/continuation: Multiple Whole-time Directors and Non-Executive Director continued/re-appointed for 5-year terms from 1 Oct 2026 to 30 Sep 2031.

Chemcrux Enterprises Limited (CHEMCRUX)

  • Regularisation: Ms. Zarna Pankaj Thakar as Independent Director for 1 year (4 Aug 2026–3 Aug 2027).

If you want, I can also provide a separate “auditor/secretarial auditor appointments” mini-table (these were frequent in the filings but fall outside your leadership/director focus).