Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (Resignation “for cause”)
No “for cause” resignations were explicitly stated in the provided filings (i.e., no resignation reasons citing governance/ethics/mismanagement/lack of information).
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Seshachal Technologies Limited (SESHACHAL)
- Change: Resignation (MD & CFO)
- Person: Mr. Prabhaker Reddy Aedla
- Role: Managing Director & CFO
- Effective Date: Close of business hours on 23-Apr-2026
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Context: Resignation “due to pre occupation”.
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Change: Appointment (MD & CFO)
- Person: Mr. Raj Singh Rawat (DIN: 03498135)
- Role: Managing Director (Additional Director) & CFO
- Effective Date: 23-Apr-2026
- Context: Appointed as Additional Director designated as Managing Director for 5 years and as CFO effective 23-Apr-2026.
Morarka Finance Limited (MORARKA)
- Change: Cessation / Appointment (CEO → MD)
- Person: Mr. Pranay G. Morarka (DIN: 03272263)
- Role: CEO (cessation) and Managing Director (Additional Director)
- Effective Date: CEO cessation: 24-Apr-2026; MD appointment: 24-Apr-2026 (term till AGM)
- Context: Board approved appointment as Managing Director (Additional Director); noted cessation as CEO.
Bank of India (BANKINDIA)
- Change: Extension of tenure (MD & CEO)
- Person: Shri Rajneesh Karnatak
- Role: Managing Director & CEO
- Effective Date: Tenure extended 3 years beyond current term ending 28-Apr-2026
- Context: Central Government notification dated 23-Apr-2026.
Bank of Baroda (BANKBARODA)
- Change: Extension of tenure (MD & CEO)
- Person: Shri Debadatta Chand
- Role: Managing Director & CEO
- Effective Date: Extended 3 years beyond term ending 30-Jun-2026 (or until further orders)
- Context: Central Government notification dated 23-Apr-2026.
Tata Teleservices (Maharashtra) Limited (TTML)
- Change: Re-appointment (MD)
- Person: Mr. Harjit Singh (DIN: 09416905)
- Role: Managing Director
- Effective Date: 24-Apr-2026 to 23-Apr-2029 (subject to shareholder approval)
- Context: Re-appointment for further 3 years.
Khaitan Chemicals & Fertilizers Limited (KHAICHEM)
- Change: Re-appointment (JMD)
- Person: Mr. Utsav Khaitan (DIN: 03021454)
- Role: Joint Managing Director
- Effective Date: 1-May-2026 to 30-Apr-2029 (subject to shareholder approval)
- Context: Board approved re-appointment as Joint Managing Director.
LTM Limited (LTM)
- Change: Appointment (CFO → WTD CFO)
- Person: Mr. Vipul Chandra (DIN: 06692474)
- Role: Whole-time Director & Chief Financial Officer
- Effective Date: 23-Apr-2026 (for 4 years, up to 22-Apr-2030)
- Context: Board approved appointment as Additional Director designated as WTD & CFO (subject to shareholder approval).
2. Executive Management Changes (below CEO/CFO/COO)
AU Small Finance Bank Limited (AUBANK)
- Appointment: Mr. Vivek Tripathi
- Role: Whole-time Director (Executive Director)
- Effective Date: 24-Apr-2026
- Context: RBI approval for 3-year term; shareholder approval pending.
Muthoot Capital Services Limited (MUTHOOTCAP)
- Resignation: Mr. Sooraj Mohan
- Role: Head – Collections
- Effective Date: Close of business hours 23-Apr-2026
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Context: Resignation “due to personal reasons”.
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Appointment: Mr. Vinay B N
- Role: Head – Collections and Recoveries
- Effective Date: 24-Apr-2026
- Context: Board approved appointment effective next day.
Indian Energy Exchange Limited (IEX)
- Appointment/Designation: Mr. Gaurav Maheshwari
- Role: Vice President – Regulatory Affairs & Risk Management (designated SMP)
- Effective Date: Not specified (designation by virtue of reporting line)
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Context: Designated as Senior Management Personnel.
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Appointment/Designation: Mrs. Aparna Vyas Garg
- Role: Vice President – Corporate Communications & Investor Relations (designated SMP)
- Effective Date: Not specified (designation by virtue of reporting line)
- Context: Designated as Senior Management Personnel.
Saatvik Green Energy Limited (SAATVIKGL)
- Appointment: Ms. Jyoti Verma
- Role: Company Secretary & Compliance Officer (KMP)
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Effective Date: 23-Apr-2026
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Appointment: Mr. Rishabh Mehtta
- Role: Interim Chief Financial Officer (KMP)
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Effective Date: 23-Apr-2026
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Change (role transfer): Mr. Vaibhav Bhardwaj
- Role: COO (Senior Management Personnel)
- Effective Date: Ceases as SMP close of business hours on 30-Apr-2026
- Context: Transferred to Saatvik Solar Industries Pvt. Ltd. (wholly owned subsidiary).
Bank of Baroda (BANKBARODA)
- Appointment: Mr. Agarwal Vivek
- Role: Head – Legal & RTI (SMP)
- Effective Date: 23-Apr-2026 (date of orders)
- Context: Appointment as SMP/functional head.
Asian Warehousing Limited (ASIANW)
- Appointment: Mr. Vishnu Singh
- Role: Chief Financial Officer
- Effective Date: 23-Apr-2026
- Context: Board approved appointment as CFO.
Rex Sealing and Packing Industries Limited (REXSEAL)
- Resignation: Ms. Aishwarya Kachhawaha
- Role: Company Secretary & Compliance Officer
- Effective Date: 23-Apr-2026 (after closure of business hours)
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Context: Resignation due to personal reasons.
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Appointment: Mr. Manish Tarachand Pande
- Role: Company Secretary & Compliance Officer
- Effective Date: 23-Apr-2026
- Context: Appointed in replacement.
Dabur India Limited (DABUR)
- Appointment (update): Mr. Herjit S. Bhalla
- Role: Chief Executive Officer – India Business (Senior Management Personnel)
- Effective Date: 23-Apr-2026
- Context: Joined and reports to Mohit Malhotra (WTD & Global CEO).
EPACK Durable Limited (EPAC3)
- Resignation: Mr. Narayan Lodha
- Role: Executive Director & Group CFO
- Effective Date: Close of business hours 30-Apr-2026
- Context: Resignation “to pursue another opportunity”.
Integra Engineering India Limited (INTEGRA)
- Resignation: Mr. Kunal Thakrar
- Role: Chief Financial Officer (KMP)
- Effective Date: Relieved close of business hours on 29-May-2026
- Context: Resignation due to personal reasons; transition period until May 29.
Shilpa Medicare Limited (SHILPAMED/BSE: 530549)
- Appointment: Dr. Vellaian Karuppiah
- Role: Chief Operating Officer (COO) – Formulations (Senior Managerial Personnel)
- Effective Date: 23-Apr-2026
- Context: Appointment approved by Nomination & Remuneration Committee.
Valiant Laboratories Limited (VALIANTLAB)
- Resignation: Mr. Bhanudas D. Patil
- Role: Q.C Manager (Senior Management Personnel)
- Effective Date: 22-Apr-2026 (closure of business hours)
- Context: Resignation due to personal commitments.
3M India Limited (3MINDIA)
- Cessation: Mr. Rajiv Gupta
- Role: Country Business Leader – Healthcare Business (Senior Management Personnel)
- Effective Date: Close of business hours 30-Apr-2026
- Context: Transition to a new role within 3M Group.
Vedant Asset Limited (VEDANTASSET)
- Resignation: Ms. Priya Kumari
- Role: Company Secretary & Compliance Officer (KMP)
- Effective Date: Close of business hours 23-Apr-2026
- Context: Resignation due to personal reasons.
Aurum PropTech Limited (AURUM)
- Resignation: Ms. Sonia Jain
- Role: Company Secretary & Compliance Officer (KMP)
- Effective Date: Close of business hours 30-Apr-2026 (relieved from duties)
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Context: Resignation accepted; stated for “professional growth” (no other material reason).
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Appointment: Ms. Pranali Desale
- Role: Company Secretary & Compliance Officer (KMP)
- Effective Date: 01-May-2026
Interworld Digital Limited (INTERDIGI)
- Appointment: Mr. Faizal Bavaraparambil Abdul Khader
- Role: Additional Director (Non-Executive/Non-Independent)
- Effective Date: 20-Apr-2026
- Context: Board approved appointment; filing is a clarification regarding disclosure upload timing.
Netlink Solutions (India) Limited (NETLINK)
- Appointment: Ms. Aanal Satyawadi
- Role: Additional Non-Executive Independent Director
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Effective Date: 23-Apr-2026 (subject to shareholder approval)
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Appointment: Ms. Yesha Shah
- Role: Additional Non-Executive Independent Director
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Effective Date: 23-Apr-2026 (subject to shareholder approval)
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Resignation: Mr. Manoj Ashok Pardhee
- Role: Independent Director
- Effective Date: Close of business hours 23-Apr-2026
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Context: Resigned due to “change in management and control” after completion of open offer.
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Resignation: Mr. Pankaj Vrajlal Sodha
- Role: Independent Director
- Effective Date: Close of business hours 23-Apr-2026
- Context: Same reason: change in management/control post open offer.
Billwin Industries Limited (BILLWIN)
- Appointment: Ms. Anita Ramchandani
- Role: Additional Director designated as Non-Executive Non-Independent Director
- Effective Date: 23-Apr-2026 (subject to shareholder approval)
Bharti Hexacom Limited (BHARTIHEXA)
- Resignation: Mr. Kanwaljit Singh Cheema
- Role: Independent Director
- Effective Date: Close of business hours 23-Apr-2026
- Context: “pressing personal and professional commitments”.
Saurashtra Cement Limited (SAURASHCEM)
- Resignation: Mr. Mahendra Nanjibhai Mehta
- Role: Chairman Emeritus (Non-Executive Non-Independent Director)
- Effective Date: Close of business hours 23-Apr-2026
- Context: “ageing and health issues”.
Hexaware Technologies Limited (HEXT)
- Resignation: Mr. Shawn Devilla
- Role: Non-Executive Non-Independent Director
- Effective Date: Close of business hours 22-Apr-2026
- Context: “professional commitments”.
Avi Products India Limited (APIL)
- Resignation: Ms. Hemali Pankaj Patel
- Role: CFO
- Effective Date: 23-Apr-2026 (after closing of business hours)
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Context: “change of control and management”.
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Appointment: Mr. Nikunj Bharatbhai Gandhi
- Role: CFO
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Effective Date: 23-Apr-2026
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Resignation: Ms. Shreyana Satyashodhak Koyande
- Role: Company Secretary & Compliance Officer
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Effective Date: 23-Apr-2026 (after closing of business hours)
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Appointment: Ms. Renu Choudhary
- Role: Company Secretary & Compliance Officer
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Effective Date: 23-Apr-2026
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Board/Director resignations (Independent/Non-Executive):
- Daksha Nilesh Vora (Independent Director) – resigned 23-Apr-2026 (after close)
- Abhishek Nilesh Vora – resigned 23-Apr-2026 (after close)
- Manas Ranjan Palo – resigned 23-Apr-2026 (after close)
- Saroj Kumar Choudhury – resigned 23-Apr-2026 (after close)
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Context (for all): “change of control and management”.
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Board/Director appointments (Additional Directors):
- Parthh K Mehta – Additional Executive Director & Chairman (effective 23-Apr-2026)
- Ameya Tandulkar – Additional Executive Director (effective 23-Apr-2026)
- Bankim Mehta – Additional Non-Executive Non-Independent Director (effective 23-Apr-2026)
- Malvika Jagani – Additional Non-Executive Independent Woman Director (effective 23-Apr-2026)
- Dayashankar Patel – Additional Non-Executive Independent Director (effective 23-Apr-2026)
- Aditya Soni – Additional Non-Executive Independent Director (effective 23-Apr-2026)
- Context: “change of control and management” / acquirer/promoter representation.
AVI Products India Limited (APIL) – Secretarial/other auditor changes
- Resignation: VKMG & Associates LLP (Secretarial Auditor) – resigned 23-Apr-2026 (after close)
- Appointment: Pooja Gala & Associates – Secretarial Auditor (for FY 2025-26 till next AGM)
- Appointment: K. C. Shrimanker & Associates – Internal Auditor (FY 2026-27 from 23-Apr-2026)
Aurum PropTech Limited (AURUM) – Board/Director changes
- Appointment: Ashim Ashitbaran Desai – Additional Non-Executive Independent Director (23-Apr-2026)
- Appointment: Lakshmi Nagajyothi Potluri Ashok Kumar – Additional Non-Executive Independent Director (23-Apr-2026)
- Re-appointment: Ajit Joshi – Independent Director (2nd term 23-Jul-2026 to 22-Jul-2031)
- Chairman designation: Ashish Deora – designated Chairman (23-Apr-2026)
- Context: Board approvals; postal ballot planned for shareholder approvals.
Netlink Solutions (India) Limited (NETLINK) – Board changes
- Appointment: Aanal Satyawadi & Yesha Shah – Additional Independent Directors (23-Apr-2026)
- Resignation: Manoj Ashok Pardhee & Pankaj Vrajlal Sodha – Independent Directors (23-Apr-2026) due to change in management/control post open offer.
Zodiac Energy Limited (ZODIAC)
- Change: Designation change (Independent → Non-Independent)
- Person: Dhaval Shah (DIN: 07933310)
- Effective Date: 23-Apr-2026 (subject to shareholder approval within 3 months or at ensuing GM)
- Context: Change in designation from Non-Executive Independent to Non-Executive Non-Independent.
Mahindra Logistics Limited (MAHLOG)
- Re-appointment: Mr. Ameet Hariani (DIN: 00087866)
- Role: Independent Director
- Effective Date: 1-May-2027 to 30-Apr-2032 (subject to shareholder approval)
- Context: 2nd term of 5 years.
Allcargo Logistics Limited (ALLCARGO)
- Re-appointment: Mr. Sivaraman Narayanaswami (DIN: 00001747)
- Role: Independent Director
- Effective Date: 4-May-2026 to 3-May-2027 (subject to shareholder approval)
- Context: Postal ballot approved.
Bharat Dynamics Limited (BDL)
- Cessation: Shri Chetan Bansilal Kankariya
- Role: Part-time Non-Official Independent Director
- Effective Date: 22-Apr-2026
- Context: Cessation of tenure.
Twamev Construction and Infrastructure Limited (TICL)
- Demise: Prof. Santanu Ray
- Role: Independent Director
- Effective Date: 18-Apr-2026
- Context: Death of director.
Bikaji Foods International Limited (BIKAJI)
- Demise: Shri Shiv Ratan Agarwal
- Role: Promoter, Chairman & Whole-Time Director
- Effective Date: 23-Apr-2026
- Context: Demise; cessation as promoter/promoter group per Regulation 31A.
