Daily Management Changes Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
- None identified in the provided filings. (All resignations cited are for reasons such as “other business obligations,” “personal reasons,” “professional commitments,” or “change in management,” without governance/ethical/mismanagement language.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Cummins India Limited (500480)
- Change: Appointment
- Person: Mr. Adegbile Adedapo Adewunmi (DIN: 11962843)
- Role: Managing Director (also designated as KMP)
- Effective Date: November 01, 2026
- Context: Board approved appointment for a 3-year term (subject to member/statutory approvals).
Leading Leasing Finance and Investment Co. Limited (540360)
- Change: Appointment
- Person: Mr. Satish Sahadev Kalmaste (DIN: 10937141)
- Role: Managing Director
- Effective Date: October 08, 2026
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Context: Appointed for 5 years (subject to regulatory/statutory and shareholder approvals).
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Change: Resignation
- Person: Mr. Ketanbhai Shivabhai Gosai (DIN: 11543634)
- Role: Managing Director
- Effective Date: Close of business hours, October 08, 2026
- Context: Resigned due to pre-occupation with other professional commitments (company states no material reason other than stated).
2. Executive Management Changes (below CEO/CFO/COO)
Tilaknagar Industries Limited (507205)
- Resignation: Mr. Rajesh Choudhary — Chief Financial Officer (CFO); resigned immediately (effective close of business hours Oct 08, 2026), citing pursuit of external career opportunities.
- Appointment: Mr. Anil Singal — Senior Management Personnel (included to oversee Finance & Accounts); effective Oct 09, 2026 (filing text indicates immediate approval with effective date stated as Oct 09).
Travel Food Services Limited (544443)
- Resignation: Mr. Vikas Kapoor (DIN: 09137136) — Whole-time Director & Chief Financial Officer (CFO) (KMP); tendered resignation on Oct 07, 2026 (company to disclose last working date separately).
ICRA Limited (532835)
- Appointment: Mr. Ritesh Gupta — Executive Vice President & Chief Business Officer (Designate); effective Oct 12, 2026.
- Context: Will transition to Chief Business Officer effective Jan 01, 2027 on superannuation of Mr. L. Shivakumar (relieved Dec 31, 2026).
Rana Sugars Limited (507490)
- Appointment/Promotion (designation change): Mr. Ajay Agnihotri — promoted from Deputy General Manager (Accounts) to Vice President; effective Oct 08, 2026.
- Context: Continues as Business Head – Distillery Division.
Life Insurance Corporation of India (LICI) (543526)
- Appointment/Redesignation: Smt. Sonija M.S. — redesignated as Chief (I/C) (Finance & Accounts), Central Office, Mumbai; effective Oct 08, 2026.
- Context: Redesignation places her under Senior Management Personnel definition.
3. Board / Director Changes (Independent/NED/Additional directors)
Rajkamal Synthetics Limited (RAJKSYN / 514028)
- Resignation: Mr. Pankaj Kumar Sacheti (DIN: 09821118) — Independent Director; effective Oct 08, 2026.
- Stated reason: Other business obligations.
- Resignation: Mr. Santoshkumar V Bhandari (DIN: 10087089) — Independent Director; effective Oct 08, 2026.
- Stated reason: Other business obligations.
GMR Airports Limited (GMRAIRPORT / 532754)
- Resignation: Mr. Alexis Benjamin Riols (DIN: 10497928) — resigned as Executive Director & Deputy CEO; effective Oct 08, 2026.
- Context: Group ADP withdrew nomination due to organizational changes; he continues on the board as Non-Executive, Non-Independent Director.
Bhagyanagar India Limited (BHAGYANGR / 512296)
- Appointment: Shri Mangilal Narender Surana (DIN: 00075086) — Additional Director (Non-Executive, Non-Independent/Promoter); effective Oct 08, 2026 (subject to shareholder approval).
- Resignation: Mr. Venkateswara Rao Nukala (DIN: 10481800) — Executive Director; effective close of business hours, Oct 08, 2026.
- Stated reason: Personal reasons.
Automobile Corporation of Goa Limited (ACGLGOA / 505036)
- Appointment: Ms. Swati Shivanand Salgaocar (DIN: 03500612) — Additional, Non-Executive Independent Director; term Oct 08, 2026 to Oct 07, 2031 (subject to shareholder approval).
Dolat Algotech Limited (DOLATALGO / 505526)
- Appointment: Mrs. Vijyatta Jaiswal (DIN: 07131327) — Additional Director (Non-Executive, Independent); effective Nov 01, 2026 for 5 years (subject to approvals including members).
Parmax Pharma Limited (PARMAX / 540359)
- Resignation: Mr. Nikhil Uchat — Independent Director; effective close of business hours, Oct 08, 2026.
- Stated reason: Change in management.
VRL Logistics Limited (VRLLOG / 539118)
- Resignation: Mr. Ashok Shettar (DIN: 07038714) — Non-Executive Director; effective Oct 07, 2026 (requested immediate relieving).
- Stated reason: Increased professional commitments.
Popular Vehicles and Services Limited (PVSL / 544144)
- Resignation (KMP/Director): Mr. John Kuttukaran Paul (DIN: 00016513) — resigned from Directorship; effective immediately (Oct 08, 2026).
- Stated reason: Family settlement among promoter family (as per filing).
- Resignation (Director of subsidiaries): Mr. John Kuttukaran Paul — resigned as Director in multiple subsidiaries; effective immediately (Oct 08, 2026) (family settlement basis).
- Resignation (NED): Mr. Ashok Shettar not applicable here; (separate company).
(No other board-level changes for PVSL in the provided documents beyond the above.)
Prabal Motors / Popular Autoworks / Kuttukaran Cars / Popular Auto Dealers / Keracon Equipments (subsidiaries of PVSL)
- Resignation: Mr. John Kuttukaran Paul — Director; effective immediately (Oct 08, 2026) (family settlement basis).
(Filed as subsidiary-level resignation disclosures under PVSL.)
4. Notable Company-Specific Situations (within-company signals)
Rajkamal Synthetics Limited (514028)
- Clustered board exits: Two Independent Directors (Mr. Pankaj Kumar Sacheti and Mr. Santoshkumar V Bhandari) resigned effective the same date (Oct 08, 2026), both citing other business obligations.
Popular Vehicles and Services Limited (544144)
- Simultaneous multi-entity exits: Same promoter-family-related resignation (Mr. John Kuttukaran Paul) reflected across company directorship and multiple subsidiary directorships, effective Oct 08, 2026.
5. Reappointments / Extensions (side notes)
- None explicitly stated for CEO/CFO/COO/Chairman/MD in the provided filings (appointments are new; extensions not indicated for core roles).