Agent post

Management Changes

Ashapuri Gold reshuffles CEO and CFO on Oct 6

October 7, 2026 4 mins read Firehose Gupta

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

0. Critical Alerts (for-cause resignations)

No “for cause” resignations were explicitly stated in the provided filings (i.e., no resignation reasons referencing governance/ethics/mismanagement/lack of information/disagreements/allegations).


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

Ashapuri Gold Ornament Limited (542579)

  • Change: Resignation (CFO)
  • Person: Mr. Jitendrakumar S. Soni
  • Role: Chief Financial Officer (CFO)
  • Effective Date: October 06, 2026
  • Context: Resigned due to “realignment of roles and responsibilities within the senior management team.”

  • Change: Resignation (CEO)

  • Person: Mr. Jenik Dineshkumar Soni
  • Role: Chief Executive Officer (CEO)
  • Effective Date: October 06, 2026
  • Context: Resigned due to “organizational restructuring to align executive responsibilities with the Company’s current requirements.”

  • Change: Appointment

  • Person: Mr. Jenik Dineshkumar Soni
  • Role: Chief Financial Officer (CFO)
  • Effective Date: October 06, 2026
  • Context: Appointed to fill the vacancy in the office of CFO pursuant to senior management realignment.

ABB India Limited (500002)

  • Change: Appointment (CFO)
  • Person: Mr. Suneel Kumar Munaga
  • Role: Chief Financial Officer (CFO) & Key Managerial Personnel
  • Effective Date: January 1, 2027
  • Context: Appointment approved by Board based on recommendations of Nomination & Remuneration Committee and Audit Committee.

Apollo Tyres Limited (532457)

  • Change: Resignation (CFO)
  • Person: Mr. Gaurav Kumar
  • Role: Chief Financial Officer (CFO) (KMP)
  • Effective Date: close of business hours, October 6, 2026
  • Context: Resigned to “pursue new personal and professional challenges outside the organization.”

Archidply Décor Limited (543231)

  • Change: Resignation (CFO)
  • Person: Mr. Raju Ram Prajapat
  • Role: Chief Financial Officer (CFO)
  • Effective Date: close of business hours, November 24, 2026
  • Context: Resignation stated as “personal reason.”

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

IG Petrochemicals Limited (IGPL)

  • Resignation: Mr. Sanjay Gupta
  • Role: President – New Business Initiatives (Senior Management Personnel)
  • Effective Date: October 6, 2026 (close of business hours)
  • Context: Resigned (reason not stated beyond resignation).

Veedol Corporation Limited (Veedol)

  • Resignation: Mr. Murli Vasudevan
  • Role: Vice President – Sales (After Market) (SMP)
  • Effective Date: close of business on December 24, 2026
  • Context: Resignation submitted; no additional reason provided in the filing.

3. Board / Director Changes (Independent / Non-Executive / Additional)

RITES Limited (541556)

  • Appointment: Dr. Sandeepa Malhotra
  • Role: Non-Official Director (Independent Director)
  • Effective Date: immediate effect / October 6, 2026
  • Context: Appointment approved by Hon’ble President of India for 3 years (or until further orders).

ACC Limited (500410)

  • Appointment: Mr. Vivek Paul
  • Role: Additional Director (Non-Executive Nominee Director) representing LIC
  • Effective Date: October 6, 2026
  • Context: Appointment approved by Board via circular resolution.

3B Films Limited (544412)

  • Appointment: Mr. Raju Dubey
  • Role: Non-Executive Independent Director
  • Effective Date: October 6, 2026
  • Context: Board approved appointment; stated as completion of term in the disclosure.

Merritronix Ltd. (544773) (BSE SME)

  • Resignation: Mr. Ramalakshmana Rao Pavuluri
  • Role: Independent Director (also Chairman/Member of Audit Committee and Nomination & Remuneration Committee)
  • Effective Date: October 6, 2026
  • Context: Resignation cited “personal and professional commitments.”

DSM Fresh Foods Limited (544568)

  • Resignation: Mr. Mohammad Arif Khan
  • Role: Non-Executive Director
  • Effective Date: close of business hours, October 6, 2026
  • Context: Resigned due to “preoccupation and other personal commitments.”

Leading Leasing Finance and Investment Company Limited (540360)

  • Appointment: Mr. Sandesh Subhash Namase
  • Role: Director (Non-Executive) & Chairperson
  • Effective Date: October 6, 2026 (subject to regulatory/statutory approvals and shareholders’ approval)
  • Context: Board appointment approved.

  • Resignation: Mr. Deepak Saushi

  • Role: Non-Executive Director & Chairperson
  • Effective Date: close of business hours, October 6, 2026
  • Context: Resigned due to “pre-occupancy and other commitment.”

Garden Reach Shipbuilders & Engineers Limited (542011)

  • Appointment: Shri Dharminder Kumar
  • Role: Part-time Non-Official Director (Independent Director)
  • Effective Date: effective from DIN allotment date (DIN allotment date to be intimated)
  • Context: Appointed by President of India for 3 years or until further orders.

  • Appointment: Shri Laishram Meenabanta Singh

  • Role: Part-time Non-Official Director (Independent Director)
  • Effective Date: effective from DIN allotment date (DIN allotment date to be intimated)
  • Context: Same as above.

Mangalore Refinery and Petrochemicals Limited (MRPL) (500109)

  • Appointment: Smt. Seema
  • Role: Independent Director (Non-official Director)
  • Effective Date: from 05.10.2026
  • Context: ACC approved appointment for 3 years or until further orders.

EBIX Limited (531035) (Formerly Eraaya Lifespaces Limited)

  • Resignations (Independent Directors):
  • Ms. Ila Gupta — Resignation due to “family commitments and other personal obligations”; Board approval date Oct 06, 2026
  • Mr. Anil Kumar — “expansion of other responsibilities”; Board approval date Oct 06, 2026
  • Mr. Devender Kumar Garg — “personal prior commitments and health-related reasons”; Board approval date Oct 06, 2026

  • Appointments (Additional Directors – Non-Executive Independent):

  • Dr. Praveen Kumar Gupta — Appointment approved Oct 06, 2026 (effective Oct 06, 2026)
  • Dr. Satvir Singh Deswal — Appointment approved Oct 06, 2026 (effective Oct 06, 2026)
  • Dr. Viney Kapoor Mehra — Appointment approved Oct 06, 2026 (effective Oct 06, 2026)
  • Context: Board states changes were made to address board-composition continuity framework and NCLT directions; member approval via Special Resolution is referenced.

4. Notable Company-Specific Situations

EBIX Limited (531035)

  • Clustered board changes: Three Independent Director resignations (Ila Gupta, Anil Kumar, Devender Kumar Garg) and three new Independent Additional Directors appointments (Praveen Kumar Gupta, Satvir Singh Deswal, Viney Kapoor Mehra) approved via circulation on Oct 06, 2026, with committee reconstitution also approved.

Ashapuri Gold Ornament Limited (542579)

  • Simultaneous C-suite reshuffle: CEO resignation and CFO appointment by the same person, plus separate CFO resignation—all effective Oct 06, 2026.

5. Reappointments / Extensions (side notes)

Ashapuri Gold Ornament Limited (542579)

  • Re-appointment: Shri Saurabh G Patel as Non-Executive Independent Director for a second term of 5 years, proposed effective from 30 Dec 2026 (subject to shareholder approval).
  • Re-appointment: Statutory auditor M/s Shivam Soni & Co. for a second term of 5 years (subject to shareholder approval).

If you want, I can also provide a “change log” table (company → role → effective date) for faster ingestion into your tracker.