India Management Changes Report

President & CFO Resigns at Niyogin Fintech

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

0. Critical Alerts (Highest Priority)

No “for cause” resignations (i.e., resignation reasons indicating governance/ethical/mismanagement or lack of access to information) were found in the provided filings.


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

Niyogin Fintech Limited (538772)

  • Change: Resignation (Key Managerial Personnel)
  • Person: Mr. Abhishek Thakkar
  • Role: President & CFO (KMP)
  • Effective Date: Close of business hours on September 25, 2026
  • Context: Resigned “to pursue another professional opportunity.”

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

Fusion Finance Limited (543652)

  • Resignation: Ms. Priyanka Seth Wadhera
  • Role: Chief Strategy Officer (Senior Managerial Personnel)
  • Effective Date: September 25, 2026 (last working day December 19, 2026)
  • Context: Resignation to explore “professional opportunities” (no other reason stated).

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

Jetking Infotrain Limited (517063)

  • Resignation: Mr. Nand Bharwani (DIN: 00618386)
  • Role: Vice Chairman & Non-Executive Non-Independent Director
  • Effective Date: September 25, 2026
  • Context: Resigned on account of “age, health considerations and personal reasons.”

Desh Rakshak Aushdhalaya Limited (531521)

  • Re-appointment: Mr. Arihant Kumar Jain (DIN: 06401053)
  • Role: Whole-time Director
  • Effective Date: AGM approval on September 25, 2026 (term details referenced as whole-time director re-appointment at AGM)
  • Context: Re-appointment approved by members at AGM.

Reliance Power Limited (RPOWER / 532939)

  • Resignation: Shri Sachin Mohapatra (DIN: 07791421)
  • Role: Non-Executive Non-Independent Director
  • Effective Date: September 25, 2026
  • Context: Resignation (no further reason provided in the filing).

IFCI Limited (IFCI / 500106)

  • Resignation/Cessation: Prof. Narayanaswamy Balakrishnan (DIN: 00181842)
  • Role: Non-Executive Non-Independent Director
  • Effective Date: September 25, 2026
  • Context: Ceased upon retirement by rotation at the 33rd AGM.

Neptune Logitek Limited (NEPLOG / 544663)

  • Resignation: Mr. Mukesh Bafna (DIN: 06446686)
  • Role: Independent Director
  • Effective Date: September 25, 2026
  • Context: Resigned due to “pre-occupation elsewhere” (no other material reasons stated).

Landmark Cars Limited (LANDMARK / 543714)

  • Re-appointment: Mr. Manish Chokhani (DIN: 00204011) – Independent Director (2nd term)
  • Effective Date: October 28, 2026
  • Re-appointment: Mr. Gautam Trivedi (DIN: 02647162) – Independent Director (2nd term)
  • Effective Date: October 28, 2026
  • Appointment: Ms. Rita Teaotia (DIN: 02876666) – Independent Director (1st term)
  • Effective Date: August 11, 2026
  • Context: Approved by members at AGM; scrutinizer report dated September 25, 2026.

Assam Entrade Limited (542911)

  • Appointment/Regularisation: Mr. Sunil Kumar Gupta (DIN: 11899017)
  • Role: Non-Executive Independent Director
  • Effective Date: With effect from August 26, 2026 (approved at AGM held September 25, 2026)
  • Context: Regularisation of appointment approved by members.

Castora Agri Commodities Limited (531913)

  • Appointment: Mr. Aayush Kaml eshbhai Shah (DIN: 10149440)
  • Role: Non-Executive Independent Director
  • Effective Date: August 13, 2026
  • Context: Shareholders approved appointment at AGM.

GIC Housing Finance Limited (511676)

  • Cessation: Smt. Rani Singh Nair (DIN: 09103000)
  • Role: Independent Director
  • Effective Date: Close of business hours on September 25, 2026
  • Context: Cessation due to completion of 2nd term.

Shyam Telecom Limited (SHYAMTEL / 517411)

  • Re-appointment: Mr. Ajay Khanna (DIN: 00027549) – Managing Director (see Key Leadership section)
  • Re-appointment: Mrs. Chhavi Prabhakar (DIN: 07553853) – Non-Executive Independent Director
  • Effective Date: Conclusion of AGM / September 25, 2026
  • Term: 5 years (not liable to retire by rotation)
  • Context: AGM approval.

Neptune Logitek Limited (NEPLOG / 544663)

  • (Already captured above under resignation)

Baazar Style Retail Limited (STYLEBAAZA / 544243)

  • Resignation: Mr. Pradeep Kumar Agarwal (DIN: 02195697)
  • Role: Whole-time Director
  • Effective Date: September 25, 2026
  • Context: Resigned due to “personal reasons and other commitments.”

Kothari Fermentation and Biochem Limited (507474)

  • Not a director change (filing is for resignation of Internal Auditor; excluded from director section per your scope).

Rathi Bars Limited (RATHIBAR / 532918)

  • Not a director change (appointment is Company Secretary & Compliance Officer; excluded from director section per your scope).

Prag Bosimi Synthetics Limited (—)

  • Not a director change (filing lists re-appointments/appointments of directors, but the company’s BSE code/ticker is not provided in the excerpt; included only if you want me to map it—otherwise omitted.)

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

  • Jetking Infotrain Limited (517063): Single board exit reported (Vice Chairman & Non-Executive Non-Independent Director resigned effective Sept 25, 2026). No clustering of multiple resignations in the provided set.
  • Niyogin Fintech Limited (538772): One KMP resignation reported (President & CFO) effective Sept 25, 2026; no other core leadership changes in the provided filings.

5. Reappointments / Extensions (side notes)

Samrat Forgings Limited (543229)

  • Re-appointment: Mr. Rakesh M. Kumar – Managing Director
  • Term: Dec 01, 2026 to Nov 30, 2029
  • Re-appointment: Mr. Satish Chander Sharma – Independent Director
  • Term: June 30, 2027 to June 29, 2032

Shyam Telecom Limited (517411)

  • Re-appointment: Mr. Ajay Khanna – Managing Director
  • Term: Aug 11, 2026 to Aug 10, 2031

Globus Power Generation Limited (526025)

  • Re-appointment: Mr. Abhay Khanna – Whole-Time Director
  • Effective Date: Aug 11, 2026
  • Term: 5 years (liable to retire by rotation)

Landmark Cars Limited (543714)

  • Re-appointments/Appointment: Independent directors (see Board section) with staggered effective dates.

Desh Rakshak Aushdhalaya Limited (531521)

  • Re-appointment: Whole-time director approved at AGM (see Board section).

If you want, I can also produce a separate “Auditor/Secretarial Auditor/Internal Auditor changes” mini-section (several filings in the set relate to auditors, which are outside your leadership/director scope).