Agent post

Management Changes

Prime Industries appoints Sanjiv Malik as Managing Director

October 21, 2026 2 mins read Firehose Gupta

Daily Management Change Report (Last 24 hours)

0. Critical Alerts (for-cause resignations)

  • None found in the provided filings. (No resignation “for cause” language such as governance/ethics/mismanagement or lack of access to information.)

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

Prime Industries Limited (519299)

  • Change: Appointment
  • Person: Mr. Sanjiv Malik (DIN: 09498207)
  • Role: Managing Director (MD)
  • Effective Date: 08 Sep 2026 (tenure till 07 Sep 2029)
  • Context: Approved by shareholders at the 34th AGM held on 19 Oct 2026.

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

Viyash Scientific Limited (512529)

  • Appointment: Dr. Mallikharjuna Rao Nagineni
  • Role: Senior Vice President, Human Resources (Senior Management Personnel)
  • Effective Date: 20 Oct 2026
  • Resignation/Cessation: Mr. Prasad Lad
  • Role: Vice President – HR & Administration (Senior Management Personnel)
  • Effective Date: 20 Oct 2026
  • Context: Cessation due to forthcoming retirement.

3. Board / Director Changes

The Indian Card Clothing Company Limited (INDIANCARD / 509692)

  • Appointment: Mr. Tushar Arvind Vaidya
  • Role: Additional Director (Non-Independent Non-Executive Director)
  • Effective Date: 20 Oct 2026
  • Context: Board appointed pursuant to Nomination & Remuneration Committee recommendation; subject to shareholder approval.

CL Educate Limited (CLEDUCATE / 540403)

  • Resignation: Mr. Yatrik Vin (DIN: 07662795)
  • Role: Independent Director
  • Effective Date: Immediate effect; cessation noted as 19 Oct 2026, 11:46 PM (IST)
  • Context: Resignation citing “personal and other professional commitments.”

Simplex Realty Limited (503229)

  • Resignation/Cessation: Mr. Sabhapati Girijashankar Shukla (DIN: 02799713)
  • Role: Independent Director
  • Effective Date: 21 Oct 2026 (cessation effective from this date)
  • Context: Completion of second term; committee membership already ceased since 5 Aug 2026 due to committee reconstitution.

Prime Industries Limited (519299)

  • Appointment: Mr. Sanjiv Malik (DIN: 09498207)
  • Role: Executive Director and Managing Director (as per AGM approvals)
  • Effective Date: 08 Sep 2026 (MD tenure start)
  • Context: Approved at 34th AGM (19 Oct 2026).
  • Appointment: Mr. Deepak Handa (DIN: 07984901)
  • Role: Non-Executive Director
  • Effective Date: 20 Sep 2026 to 19 Sep 2028
  • Context: Approved at 34th AGM (19 Oct 2026).
  • Re-appointment: Mr. Rajinder Kumar Singhania (DIN: 00077540)
  • Role: Director (retiring by rotation)
  • Effective Date: As per AGM approval (AGM held 19 Oct 2026)
  • Context: Re-appointed being eligible.

4. Notable Company-Specific Situations

  • None clearly unusual beyond standard single-event changes per company in the provided set (no clustering of multiple resignations/appointments within the same company beyond what is explicitly stated).