Daily Management Change 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)
ACI Infocom Ltd. (BSE: 517356)
- Change: Resignation
- Person: Mr. Pradeep Natvarlal Dhanuka
- Role: Managing Director & CFO
- Effective Date: 18 May 2026
- Context: Resignation tendered via e-mail dated 18 May 2026 (no reason stated in the filing).
Capital Small Finance Bank Ltd. (BSE: 544120)
- Change: Re-appointment
- Person: Mr. Munish Jain
- Role: Executive Director (Whole-time Director)
- Effective Date: 28 Aug 2026
- Context: RBI approval received (postal ballot approval referenced).
JK Paper Ltd. (BSE: 532162)
- Change: Re-appointment (recommended to shareholders)
- Person: Shri Harsh Pati Singhania
- Role: Chairman & Managing Director
- Effective Date: 1 Jan 2027
- Context: Further period of five years (subject to AGM approval).
2. Executive Management Changes (below CEO/CFO/COO)
IG Petrochemicals Ltd. (BSE: 500199)
- Appointment: Shri Pramod Sanap — Chief Human Resources Officer (CHRO) (Senior Management Personnel)
- Effective Date: 19 May 2026
- Resignation: Dr. Rajkumar VP — Chief Human Resources Officer (CHRO) (Senior Management Personnel)
- Effective Date: close of working hours, 18 May 2026
- Stated reason: “move on to pursue other professional opportunities” (from resignation letter).
Cyient DLM Ltd. (BSE: not provided in filing; NSE/BSE address indicates listed entity)
- Appointment: Mr. Ramakanth Alapati — President & Chief Strategy and Growth Officer (Senior Managerial Person)
- Effective Date: 18 May 2026
SBI Life Insurance Co. Ltd. (BSE: 540719)
- Resignation/Relinquishment: Mr. Dorababu Daparti — Deputy Chief Executive Officer
- Effective Date: close of business hours, 18 May 2026
- Context: Posted as MD & CEO (Designate) in SBI-SG Global Securities Services Pvt. Ltd.; relinquishment received.
JK Paper Ltd. (BSE: 532162)
- Appointment: Shri Rajat Yadav — Head-Digital & IT included in Senior Management
- Effective Date: 18 May 2026
Timken India Ltd. (BSE: 522113)
- Appointment: Mr. Gajanan Bidkar — General Manager – India SCM & Global Sourcing (Senior Management Person)
- Effective Date: 18 May 2026
- Appointment: Mr. Himanshu Kumar Mishra — General Manager – Plant Operations, Jamshedpur (Senior Management Person)
- Effective Date: 18 May 2026
Shankar Lal Rampal Dye-Chem Ltd. (BSE: SRD)
- No executive management changes reported in the provided filing (postal ballot results for Independent Director appointment).
3. Board / Director Changes (Independent / Non-exec / Additional directors)
OnMobile Global Ltd. (BSE: 532944)
- Appointment: Leo Matthew Olebe — Additional Director (Independent)
- Effective Date: 18 May 2026
- Context: 5-year term, subject to shareholder approval.
Ajax Engineering Ltd. (BSE: 544356)
- Appointment: Mr. Sachin Rajkumar Nandgaonkar — Additional Director (Non-executive & Nominee Director)
- Effective Date: 18 May 2026
- Context: Nominee director (Johns Loaves Trust and Jacob Hansen Family Trust), subject to shareholder approval.
- Resignation: Mr. Jacob Jiten John — Whole-time Director
- Effective Date: close of business hours, 18 May 2026
- Stated reason: “personal reasons” and confirmation of “no other material reasons”.
Zee Media Corporation Ltd. (BSE: 532794)
- Re-appointment: Ms. Swetha Gopalan — Independent Director (2nd term)
- Effective Date: 1 Aug 2026 (term runs to 31 Jul 2031)
- Context: 5-year re-appointment, subject to shareholder approval.
Shankar Lal Rampal Dye-Chem Ltd. (BSE: SRD)
- Appointment (approved via postal ballot): Mr. Sumit Jain — Independent Director (not liable to retire by rotation)
- Term: 9 Apr 2026 to 8 Apr 2031
- Context: Postal ballot results approved with ~100% votes in favour.
JK Paper Ltd. (BSE: 532162)
- Re-appointment (recommended to shareholders):
- Shri Harshavardhan Neotia — Independent Director (2nd term)
- Effective Date: 29 Jul 2027 (to 28 Jul 2032)
- Shri Harsh Pati Singhania — Chairman & Managing Director (covered in Key Leadership section)
OnMobile / Ajax / Zee / Shankar Lal Rampal: No “for cause” director resignations were stated.
4. Notable Company-Specific Situations
Ajax Engineering Ltd. (BSE: 544356)
- Same-day board reshuffle: resignation of Whole-time Director (Jacob Jiten John) effective close of business hours 18 May 2026, alongside appointment of Additional Director (Nominee) effective 18 May 2026.
IG Petrochemicals Ltd. (BSE: 500199)
- HR leadership transition clustered: CHRO resignation effective 18 May 2026 (close of working hours) and CHRO appointment effective 19 May 2026.
5. Reappointments / Extensions (Side Notes)
Capital Small Finance Bank Ltd. (BSE: 544120)
- Re-appointment: Mr. Munish Jain as Executive Director (Whole-time Director) for 3 years from 28 Aug 2026 (RBI approved).
Zee Media Corporation Ltd. (BSE: 532794)
- Re-appointment: Ms. Swetha Gopalan as Independent Director for 5 years from 1 Aug 2026 (subject to shareholders).
JK Paper Ltd. (BSE: 532162)
- Re-appointment: Chairman & MD (Harsh Pati Singhania) for 5 years from 1 Jan 2027 (subject to shareholders).
- Re-appointment: Independent Director (Harshavardhan Neotia) for 5 years from 29 Jul 2027 (subject to shareholders).
Shankar Lal Rampal Dye-Chem Ltd. (BSE: SRD)
- Independent Director appointment confirmed for 5 years (9 Apr 2026–8 Apr 2031) via postal ballot.