Daily Management Change Report (Last 24 hours)
0. Critical Alerts (for-cause resignations)
No filings in the provided set contained a resignation “for cause” with governance/ethics/mismanagement-type wording.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Zee Learn Limited (533287 / ZEELEARN)
- Change: Appointment (CFO + Whole-time Director)
- Person: Mr. Rakesh Chaturvedi
- Role: Chief Financial Officer (continuing) & Whole-time Director (Additional Director)
- Effective Date: November 9, 2026
- Context: Board approved appointment as Additional Director (Whole-time Director); he will continue as CFO (subject to member approval).
JK Tyre & Industries Limited (530007 / JKTYRE)
- Change: Re-appointment
- Person: Dr. Arun Kumar Bajoria
- Role: Whole-time Director — Director & President – International
- Effective Date: 20 January 2027
- Context: Re-appointed for a term of two years, subject to member approval.
DCB Bank Limited (532772 / DCBBANK)
- Change: Re-appointment
- Person: Mr. Praveen Kutty
- Role: Managing Director & CEO
- Effective Date: April 29, 2027 to April 28, 2030
- Context: Re-appointed for a further 3 years, subject to RBI terms and subsequent shareholders’ approval.
2. Executive Management Changes (below CEO/CFO/COO)
IndusInd Bank Limited (532187 / INDUSINDBK)
- Appointment (effective Oct 23, 2026): Inclusion in Senior Management Personnel list
- Persons added to SMP list (effective Oct 23, 2026):
- Aman Kumar Rajoria (Head – Affluent Banking)
- Amitabh Saraff (Head – Institutional & Government Coverage)
- Gaurav Kurhade (Head – Personal Banking Products)
- Harveer Singh (Head Digital)
- Niraj Piyush Shah (Head – Corporate Banking Group)
- Pradyumna Kumar Rath (Head – Bancassurance)
- Raja Sekhar Kommuru (Co-Head – Transaction Banking Group)
- Rajiv Kamra (Head – Real Estate & Warehousing Group)
- Ramaswamy Gopalkrishnan (Head – Commercial Banking & Middle Markets)
- Sashanka Dasaka (Head – Current Accounts)
- Sheran Mehra (Head – Marketing & Communications)
- Sriram A G (Head – Consumer Finance Division)
- Sunit Madan (Head – Retail Assets & Credit Cards)
- Vineet Dhar (Head – Branch Banking)
Unicommerce eSolutions Limited (544227 / UNIECOM)
- Appointment: Mr. Prankur Chaturvedi
- Role: Company Secretary (KMP)
- Effective Date: October 23, 2026
- Context: Board approved appointment as CS (KMP) with immediate effect.
Dr. Reddy’s Laboratories Limited (500124 / DRREDDY)
- Appointment: Mr. Akhil Ravi
- Role: Head API and Services (Senior Management Personnel) + Member of Management Council
- Effective Date: November 13, 2026
- Context: Induction into Management Council; will continue to be responsible for operations of Aurigene Pharmaceutical Services Ltd. (wholly owned subsidiary).
DCB Bank Limited (532772 / DCBBANK)
- Resignation: Mr. Jayaram Vishwanath
- Role: Head – Corporate Banking, Construction Finance & SME (SMP)
- Effective Date: Last working day Nov 10, 2026; cessation as SMP close of business hours on Nov 10, 2026
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Stated Reason: Resignation to explore opportunity outside the Bank.
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Appointments / Role changes (effective Nov 2, 2026):
- Appointment: Mr. Abhijit Bose — Head – Institutional Business (ceases to be Chief Credit Officer)
- Appointment: Mr. Manoj Joshi — Chief Credit Officer (ceases to be Chief Compliance Officer)
- Appointment: Mr. Shankershan Vasisth — Chief Compliance Officer for 3 years (Nov 2, 2026 to Nov 1, 2029)
Whirlpool of India Limited (500238 / WHIRLPOOL) — material subsidiary: Elica India
- Resignation: Mr. Nishant Hundiwala
- Role: Chief Financial Officer (Elica India)
- Effective Date: March 31, 2027
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Stated Reason: Personal reasons.
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Appointment: Mr. Anish Ahuja
- Role: Managing Director (Elica India)
- Effective Date: April 1, 2027
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Context: Takes over as MD after expiry of Mr. Pralhad Bhutada’s employment agreement.
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Cessation (employment expiry): Mr. Pralhad Bhutada
- Role: Managing Director & CEO (Elica India)
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Effective Date: March 31, 2027 (term expiry)
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Appointment/Move: Mr. Abhish Jain
- Role: Chief Financial Officer (Elica India)
- Effective Date: April 1, 2027
3. Board / Director Changes
Zee Learn Limited (533287 / ZEELEARN)
- Appointment: Mr. Rakesh Chaturvedi
- Role: Additional Director — Whole-time Director
- Effective Date: November 9, 2026 (subject to member approval)
UCO Bank (532505 / UCOBANK)
- Appointment: Shri Mohamed Ashraf J S
- Role: Director (GOI nomination)
- Effective Date: Immediate effect (from 23.10.2026), until further orders
- Resignation/Cessation: Shri Hari Har Mishra
- Effective Date: 23.10.2026 (ceased to be Director)
Indian Bank (532814 / INDIANB)
- Appointment: Ms. Manasa Gangotri Kata
- Role: Director (GOI nominee)
- Effective Date: 23.10.2026 (immediate effect)
- Resignation/Cessation: Shri Samir Kumar
- Effective Date: 23.10.2026
TVS Holdings Limited (520056 / TVSHLTD)
- Cessation: Ms. Sasikala Varadachari
- Role: Non-Executive Independent Director (also Chairperson of Audit & NRC; member of multiple committees)
- Effective Date: Close of business hours, 23.10.2026
- Context: Tenure concluded upon completion.
Geojit Financial Services Limited (532285 / GEOJITFSL)
- Re-appointment: Mr. Sebastian Morris
- Role: Non-Executive Independent Director
- Effective Date: w.e.f. 16.11.2026
- Context: Second term of 45 consecutive months.
Arihant Superstructures Limited (506194 / ARIHANTSUP)
- Appointment: Mr. Pradeep Mehta
- Role: Additional Director — Non-Executive Independent
- Effective Date: October 23, 2026
- Term: 5 years (to Oct 22, 2031), not liable to retire by rotation.
Arco Leasing Limited (511038)
- Resignation: Mr. Keyur Atul Shah
- Role: Non-Executive Independent Director
- Effective Date: close of business hours on 22.10.2026
- Stated Reason: “Personal and Professional reasons” (no other material reasons stated).
Taylormade Renewables Limited (541228)
- Resignation: Mr. Mayurkumar Ramanlal Joshi
- Role: Independent Director
- Effective Date: close of business hours on 23.10.2026
- Stated Reason: “pre-occupation with other professional commitments.”
DroneAcharya Aerial Innovations Limited (543713 / DRONACHRYA)
- Resignation: Mr. Mangina Srinivas Rao
- Role: Independent Director
- Effective Date: effective from 22.10.2026
- Stated Reason: “pre-occupation elsewhere.”
DCB Bank Limited (532772 / DCBBANK)
- Re-appointment: Mr. Thiyagarajan Kumar
- Role: Non-Executive Independent Director
- Effective Date: Feb 10, 2027 to Feb 09, 2030
- Context: Second consecutive term of 3 years, subject to shareholders’ approval.
NTPC Limited (532555 / NTPC)
- Appointment: Shri Diwakar Nath Misra
- Role: Additional Director (Government Nominee)
- Effective Date: 23.10.2026 (till tenure in Ministry of Power or further orders)
- Context: MoP order dated 19.10.2026.
4. Notable Company-Specific Situations
DCB Bank Limited (532772 / DCBBANK)
- Clustered senior reshuffles: simultaneous SMP changes across credit and compliance roles effective Nov 2, 2026, alongside a separate SMP resignation effective Nov 10, 2026.
Whirlpool of India Limited (500238 / WHIRLPOOL) — Elica India subsidiary
- Coordinated leadership transition: MD/CEO employment expiry on Mar 31, 2027, with COO (Anish Ahuja) stepping into MD and CFO transition effective Apr 1, 2027, plus CFO resignation effective Mar 31, 2027.
5. Reappointments / Extensions (Side Notes)
- Geojit Financial Services Limited: Sebastian Morris re-appointed as Independent Director for 45 months from 16.11.2026.
- DCB Bank Limited: Thiyagarajan Kumar re-appointed as Independent Director for 3 years from 10.02.2027.
- JK Tyre & Industries Limited: Dr. Arun Kumar Bajoria re-appointed as Whole-time Director for 2 years from 20.01.2027.
- DCB Bank Limited: Praveen Kutty re-appointed as MD & CEO for 3 years from 29.04.2027.
