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Management Changes

Pricol names Vikram Mohan Chairman & MD

May 15, 2026 5 mins read Firehose Gupta

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

0. Critical Alerts (Highest Priority)

No “for cause” resignations (with governance/ethics/mismanagement-type reasons) were found in the provided filings.


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

Pricol Limited (PRICOLLTD)

  • Change: Resignation (Chairman) / Appointment (Chairman & MD)
  • Person: Mrs. Vanitha Mohan (DIN: 00002168)
  • Role: Chairman
  • Effective Date: 14 May 2026
  • Context: Resigned from the Board; filing states she confirmed “no reasons other than those mentioned in her resignation letter” (letter does not cite governance/ethics issues).

  • Change: Appointment / Re-designation

  • Person: Mr. Vikram Mohan (DIN: 00089968)
  • Role: Chairman & Managing Director
  • Effective Date: 14 May 2026
  • Context: Appointed as Chairman; designation becomes “Chairman & Managing Director.”

Welspun Enterprises Limited (WELENT)

  • Change: Re-designation / Re-appointment (Chairman) and Re-appointment (MD)
  • Person: Mr. Balkrishan Goenka (DIN: 00270175)
  • Role: Non-Executive Chairman (from Executive Chairman)
  • Effective Date: 01 June 2026 (subject to shareholder approval)
  • Context: Role realignment to focus on strategic direction/long-term vision.

  • Change: Re-appointment

  • Person: Mr. Sandeep Garg (DIN: 00036419)
  • Role: Managing Director
  • Effective Date: 01 June 2026 (subject to shareholder approval)
  • Context: Re-appointed for a further 3-year term.

Endurance Technologies Limited (ENDURANCE)

  • Change: Appointment (Chairman of the Board)
  • Person: Mr. Indrajit Banerjee
  • Role: Chairman of the Board
  • Effective Date: 10 June 2026
  • Context: Appointed consequent upon tenure of current Chairman Soumendra Basu ending 9 June 2026.

Andhra Paper Limited (ANDHRAPAP)

  • Change: Re-appointment (MD)
  • Person: Mr. Saurabh Bangur (DIN: 00236894)
  • Role: Managing Director
  • Effective Date: 01 Oct 2026
  • Context: Re-appointed for 5 years (subject to shareholder approval).

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

Bharat Coking Coal Limited (BCCL)

  • Appointment: Shri Bidyut Saha — appointed Head of Department (PF & Pension) (Senior Management Personnel)
  • Effective Date: 14 May 2026
  • Context: “Transfer & Posting”; becomes Senior Management Personnel.

  • Transfer/Posting: Shri Manish Mishra — appointed Head of Department (Administration) (Senior Management Personnel)

  • Effective Date: 14 May 2026
  • Context: “Transfer & Posting”; replaces Arpan Ghosh as HOD (Administration).

  • Transfer/Posting: Shri Arpan Ghosh — transferred and posted as Head of Department (Manpower and Recruitment)

  • Effective Date: 14 May 2026
  • Context: Remains Senior Management Personnel.

KRN Heat Exchanger and Refrigeration Limited (KRN)

  • Appointment: Mr. Pawan NawalChief Financial Officer and KMP
  • Effective Date: 15 May 2026
  • Context: Board appointment as CFO/KMP.

  • Re-designation: Mr. Sonu Gupta — re-designated as GM Finance (ceases to be CFO/KMP)

  • Effective Date: 15 May 2026
  • Context: “due to appointment of new CFO.”

Transindia Real Estate Limited (TREL)

  • Appointment: Mr. Manish Kumar SinhaHead – Real Estate (Senior Management Personnel)
  • Effective Date: 14 May 2026
  • Context: Appointment as Senior Management Personnel under Regulation 16.

Lotus Chocolate Company Limited (LOTUSCHOC)

  • Appointment: Mr. Piyush GoyalChief Financial Officer and KMP
  • Effective Date: 14 May 2026
  • Context: Board appointment based on NRC recommendation.

  • Appointment: Mr. Tarun PradhanHead – Human Resources (Senior Management Personnel)

  • Effective Date: 14 May 2026
  • Context: Board appointment based on NRC recommendation.

3. Board / Director Changes (Independent/NED/Additional Directors)

Sarveshwar Foods Limited (SARVESHWAR)

  • Re-appointment: Mr. Mubarak Singh (DIN: 10212076) — Independent Director
  • Effective Date: 27 June 2026 (term subject to shareholder approval)
  • Term: 5 years (27 Jun 2026 to 26 Jun 2031)
  • Context: Re-appointment.

Pearl Global Industries Limited (PGIL)

  • Appointment: Mr. Rajesh Kumar Singh (DIN: 11690324) — Additional Independent Director (Non-executive)
  • Effective Date: 14 May 2026
  • Term: 3 years (subject to shareholder approval)
  • Context: Board appointment as Additional Director.

Menon Bearings Limited (MENONBE)

  • Appointment: Prof. (Dr.) Rajendra Girjappa Sonkawade (DIN: 11713166) — Additional Non-Executive Director
  • Effective Date: 14 May 2026
  • Context: Appointment as Additional NED; holds office up to ensuing AGM (as per annexure).

SJVN Limited (SJVN-EQ)

  • Appointment: Shri Diwakar Nath Misra (DIN: 07464700) — Government of India Nominee Director (Part-time Official Director)
  • Effective Date: 14 May 2026
  • Context: MoP order dated 14 May 2026.

Hindustan Copper Limited (HINDCOPPER)

  • Appointment/Assumption of charge: Shri Ghanshaym Das GuptaAdditional Director (Director – Mining)
  • Effective Date: 14 May 2026 (F/N)
  • Context: Assumed charge in terms of Ministry of Mines order dated 08 May 2026.

Pricol Limited (PRICOLLTD) (board-level appointments beyond Chairman/MD)

  • Appointment: Ms. Madhura Mohan (DIN: 08536751) — Additional Director & Executive Director (Whole-time)
  • Effective Date: 14 May 2026 (subject to shareholder approval)
  • Context: Additional Director appointment.

  • Appointment: Mr. Siddharth Manoharan (DIN: 08457275) — Additional Director & Group Executive Director (Whole-time)

  • Effective Date: 14 May 2026 (subject to shareholder approval)
  • Context: Additional Director appointment.

4. Notable Company-Specific Situations (clustering / unusual patterns)

Pricol Limited (PRICOLLTD)

  • Clustered leadership transition on the same date (14 May 2026):
  • Chairman resigned (Mrs. Vanitha Mohan)
  • Managing Director re-designated/appointed as Chairman & MD (Mr. Vikram Mohan)
  • Two additional Whole-time Executive Directors appointed (Madhura Mohan; Siddharth Manoharan)
  • This is a simultaneous multi-role board reshuffle rather than isolated changes.

5. Reappointments / Extensions (Side Notes)

Allcargo Logistics Limited (ALLCARGO)

  • Re-appointment/continuation: Mr. Dinesh Kumar Lal — continuation as Non-Executive Independent Director
  • Context: Continuation upon attaining age 75; subject to shareholder approval via Special Resolution.

Sarveshwar Foods Limited (SARVESHWAR)

  • Re-appointment: Mr. Mubarak Singh — Independent Director (covered above).

Pearl Global Industries Limited (PGIL)

  • Re-appointment: Ernst & Young LLP as Internal Auditors
  • Effective: 01 Apr 2026 to 31 Mar 2027

Deep Industries Limited (DEEPINDS)

  • Re-appointment: M/s. Manubhai & Shah LLP as Internal Auditors
  • Term: FY 2026-27

Shadowfax Technologies Limited (SHADOWFAX)

  • Re-appointment: Grant Thornton Bharat LLP as Internal Auditors
  • Term: FY 2026-27

ANDHRA PAPER LIMITED (ANDHRAPAP)

  • Re-appointment: MD (covered above)

KRN Heat Exchanger and Refrigeration Limited (KRN)

  • No internal auditor reappointment noted in the provided excerpt; changes were CFO/KMP and finance redesignation.

Arisinfra Solutions Limited (ARIS)

  • Statutory auditor resignation (not a reappointment; see below)

Additional high-signal governance item (not in your “leadership roles” list)

Arisinfra Solutions Limited (ARIS)

  • Statutory Auditor: Price Waterhouse Chartered Accountants LLP
  • Nature: Resignation as Statutory Auditor
  • Effective Date: 14 May 2026
  • Stated reason (tight summary): Auditor states it requested fee increase but company requested “reduce the fees significantly”; auditor “would not be able to undertake the audit at the reduced fee,” hence tendered resignation.

If you want, I can also provide a one-page tabular view (company × role × effective date) for faster scanning.