India Management Changes Report

Chairman and Group CEO Resignations Mark Leadership Changes

Daily Management Changes Report (Last 24 hours)

0. Critical Alerts (Highest Priority)

No “for cause” resignations were identified in the provided filings.


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

Hexagon Nutrition Ltd. (HEXAGON)

  • Change: Resignation / Cessation (completion of term)
  • Person: Mr. Arun Kelkar
  • Role: Chairman & Executive Director
  • Effective Date: 28 September 2026 (from close of office hours)
  • Context: “completed his present term… on September 28, 2026”

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

The Federal Bank Ltd. (FEDERALBNK)

  • Appointment: Mr. Virat Sunil Diwanji as Executive Director (Key Managerial Personnel) (Additional Executive Director)
  • Effective Date: 12 October 2026 (assume charge), for 3 years (subject to shareholder approval within 3 months)
  • Context: RBI approval dated 28 September 2026; “subject to approval of shareholders”

Ola Electric Mobility Ltd. (OLAELEC)

  • Appointment: Ms. Deepa Bansal as Company Secretary & Compliance Officer and KMP
  • Effective Date: 28 September 2026
  • Context: Board approval on 28 September 2026 (NRC recommendation)

McLeod Russel India Ltd. (MCLEODRUSS)

  • Appointment: Mr. Kevyn David as Head of Plantation (Senior Management Personnel)
  • Effective Date: 1 October 2026
  • Context: “appointed as Head of Plantation… and… fall within… Senior Management Personnel”

3. Board / Director Changes

Coforge Ltd. (COFORGE)

  • Appointment: Mr. Akhil Kumar Gupta as Additional Director (Non-Executive Independent) and Chairperson
  • Effective Date: 29 September 2026 (term of 5 years from then; subject to shareholder approval)
  • Context: Board approved on 28 September 2026; “subject to approval of the shareholders”

SBI Funds Management Ltd. (SBIFUNDS)

  • Resignation/Cessation: Mr. Moiz Miyajiwala — Independent Director & Chairperson (and committee roles)
  • Effective Date: 28 September 2026 (closure of business hours)
  • Appointment: Mr. Giridhar Sanjeevi as Additional Director (Independent)
  • Effective Date: 29 September 2026 (term: 3 years, subject to shareholder approval)
  • Context: “completed his second term” / “appointment… subject to approval of the shareholders”

Manraj Housing Finance Ltd. (MANRAJ)

  • Appointment: Mr. Ajitsingh Bansilal Behra as Independent Director
  • Effective Date: 28 September 2026 (AGM approval)
  • Term: 5 years
  • Context: “shareholders… approved appointment… for a term of Five (5) years”

Chambal Breweries and Distilleries Ltd. (CHMBBRW)

  • Re-appointment: Mrs. Meenal Shrirang Patwardhan as (re-appointment)
  • Effective Date: 28 September 2026 (AGM approval; “liable to retire by Rotation”)
  • Appointment: Mr. Gaurav Sharma as Independent Director
  • Regularisation Date: 28 September 2026
  • Term: 5 years, commencing 18 January 2026 to 17 January 2031
  • Context: AGM approvals; independent director appointment regularised in AGM

Authum Investment & Infrastructure Ltd. (AIIL)

  • Re-appointment: Mr. Rahul Bagaria as Independent Director (2nd term)
  • Effective Date: 1 August 2027 to 31 July 2032
  • Re-appointment: Mr. Haridas Bhat as Independent Director (2nd term)
  • Effective Date: 1 August 2027 to 31 July 2032
  • Context: “re-appointment… second term of 5 years” approved at 44th AGM (28 Sep 2026)

Bazel International Ltd. (539946)

  • Resignation: Mr. Kawal Singh — Additional Director (Non-Executive Independent)
  • Effective Date: 28 September 2026
  • Context: Resignation due to “personal reasons and other professional commitments” (no other material reasons)

Kkalpana Industries (India) Ltd. (526409)

  • Re-appointment / Regularisation: Mrs. Rajni Mishra from Additional Director (Non-Executive Independent) to Non-Executive Independent Director
  • Effective Date: 1 July 2026
  • Context: “regularised… with effect from 1st July, 2026” (AGM approval)

Trident Ltd. (TRIDENT)

  • Resignation (core role): Mr. Samir Prabodhchandra Joshipura — Group Chief Executive Officer (Group CEO)
  • Effective Date: 30 September 2026 (closing hours)
  • Context: Resignation “due to reasons as stated in resignation letter… personal reasons”

West Leisure Resorts Ltd. (538382)

  • Appointment/Regularisation: Mr. Satyanarayan Gangadhar Kurry as Non-Executive Non-Independent Director
  • Effective Date: 28 September 2026 (AGM approval)
  • Appointment/Regularisation: Mrs. Radha Chotalia as Non-Executive Non-Independent Director
  • Effective Date: 28 September 2026 (AGM approval)
  • Context: AGM approvals; both “liable to retire by rotation”

Fluidomat Ltd. (FLUIDOMAT)

  • Re-appointment (core role): Shri Ashok Jain as Chairman & Managing Director
  • Effective Date: 1 July 2027
  • Term: 3 years
  • Context: “approved… by the Members… in their 50th AGM held on 26th September, 2026”

Vijay Solvex Ltd. (531069)

  • Re-appointment: Mrs. Pallavi Sharma as Non-Executive Independent Woman Director
  • Effective Date: 23 July 2026 (term: 23 Jul 2026 to 22 Jul 2031)
  • Context: AGM approval for second term of five years

Gujarat Cotex Ltd. (GUJCOTEX)

  • Re-appointment: Ms. Vidya Pramod Patil as Independent Director
  • Effective Date: 28 September 2026
  • Term: 5 years
  • Appointment: Ms. Parul Rajesh Manubarwala as Independent Director
  • Effective Date: 1 September 2026
  • Term: 5 years
  • Context: AGM approvals (28 Sep 2026)

Williamson Magor & Co. Ltd. (WILLAMAGOR)

  • Appointment: Mr. Arup Pal as Director (Non-Executive, Non-Independent)
  • Effective Date: 22 July 2026
  • Appointment: Mr. Subhajit Majumdar as Director (Non-Executive, Non-Independent)
  • Effective Date: 22 July 2026
  • Context: AGM approvals (75th AGM)

Manas Properties Ltd. (540402)

  • Appointment: Mr. Tushar R Momaiyah as Non-Executive Independent Director (Additional)
  • Effective Date: 2 September 2026
  • Term: 5 years
  • Context: AGM approval (22nd AGM)

Bliss GVS Pharma Ltd. (BLISSGVS)

  • Appointment: Mr. Hetul Krishnakant Mehta as Additional Director (Non-Executive Non-Independent)
  • Effective Date: 28 September 2026
  • Appointment: Mr. Amar Dilip Shah as Additional Director (Non-Executive Non-Independent)
  • Effective Date: 28 September 2026
  • Appointment: Mr. Pramod Badrinarayan Kasat as Additional Director (Non-Executive Non-Independent)
  • Effective Date: 28 September 2026
  • Resignation (core role): Mr. Narsimha Shibroor Kamath — Managing Director
  • Effective Date: 28 September 2026
  • Context: “Resignation… pursuant to and in connection with completion of the transactions… under the SPA” (change in control)

Euro Panel Products Ltd. (EUROBOND)

  • Re-appointment (core role): Mr. Rajesh Nanalal Shah as Managing Director
  • Effective Date: AGM approval (re-appointment ratified); based on board appointment 26 August 2026
  • Term: 5 years
  • Re-appointment: Mr. Divyam Rajesh Shah as Whole-Time Director
  • Term: 5 years
  • Appointment (board): Mr. Rajesh Nagardas Gandhi as Non-Executive Independent Director (regularised/approved by members)
  • Appointment (board): Mr. Samarth Ishwar Bhimani as Non-Executive Independent Director (regularised/approved by members)
  • Context: AGM approvals (13th AGM); several director designations regularised

Ola Electric Mobility Ltd. (OLAELEC)

  • (No director change in provided text; only CS/KMP appointment captured above.)

Admach Systems Ltd. (544669)

  • No director change captured (AGM proceedings include re-appointment of a director, but the provided excerpt does not clearly state the director’s DIN/approval details beyond AGM summary).

Creative Eye Ltd. (CREATIVEYE)

  • Appointment: Ms. Kirty Vaidya & Associates as Secretarial Auditor (not a director change)
  • Appointment: STDJ & Co. as Statutory Auditor (not a director change)
  • Context: Auditor appointments only (no director changes in provided text)

Vivid Mercantile Ltd. (542046)

  • Appointment: M/s Madhav Upadhyay and Associates as Secretarial Auditor (not a director change)
  • Context: Auditor appointment only

Fluidomat Ltd. (FLUIDOMAT)

  • (Already covered above under core role re-appointment.)

4. Notable Company-Specific Situations

Bliss GVS Pharma Ltd. (BLISSGVS)

  • Simultaneous cluster: Multiple new director appointments (3 additional directors) alongside resignation of Managing Director on 28 September 2026, explicitly linked to SPA/open offer completion and change in control.

Trident Ltd. (TRIDENT)

  • Core leadership exit: Group CEO resignation effective 30 September 2026 (personal reasons), with resignation accepted.

5. Reappointments / Extensions (Side Notes)

Fluidomat Ltd. (FLUIDOMAT)

  • Re-appointment: Chairman & Managing Director Ashok Jain for 3 years from 1 July 2027.

Authum Investment & Infrastructure Ltd. (AIIL)

  • Re-appointments: Independent Directors Rahul Bagaria and Haridas Bhat for 2nd term (Aug 2027–Jul 2032).

Chambal Breweries and Distilleries Ltd. (CHMBBRW)

  • Re-appointment: Meenal Patwardhan (liable to retire by rotation; AGM re-appointment).

Vijay Solvex Ltd. (531069)

  • Re-appointment: Pallavi Sharma as Independent Woman Director for second term (23 Jul 2026–22 Jul 2031).

Gujarat Cotex Ltd. (GUJCOTEX)

  • Re-appointment: Vidya Pramod Patil for 5 years (from 28 Sep 2026).
  • Appointment: Parul Rajesh Manubarwala as Independent Director for 5 years (from 1 Sep 2026).

If you want, I can also provide a separate “Auditor-only changes” table (many filings here are auditor appointments/AGM outcomes rather than management changes).