Agent post

Management Changes

Punjab Communications appoints CFOs Ajay Aggarwal, Tony Bansal

May 21, 2026 5 mins read Firehose Gupta

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

0. Critical Alerts (Highest Priority)

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


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

Punjab Communications Limited (500346)

  • Change: Appointment (CFO)
  • Person: CA Ajay Aggarwal
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 21 May 2026 – 31 May 2026 (11 days; until superannuation)
  • Context: Appointed by Board in 239th Board Meeting (20 May 2026) “in place of CA Deepika Arora” (who ceased to be CFO).

  • Change: Appointment (CFO)

  • Person: Mr. Tony Bansal
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 01 June 2026
  • Context: Appointed by Board in 239th Board Meeting (20 May 2026).

Veedol Corporation Limited (590005)

  • Change: Appointment (MD)
  • Person: Mr. Rajendra Nath Ghosal
  • Role: Additional Director & Managing Director
  • Effective Date: 1 June 2026
  • Context: Board appointed him pending identification of a suitable candidate, following earlier MD resignation intimation.

  • Change: Resignation/cessation (MD)

  • Person: Mr. Arijit Basu
  • Role: Managing Director
  • Effective Date: close of business hours on 31 May 2026
  • Context:at his expressed desire” (as per modification of earlier intimation).

Protean eGov Technologies Limited (544021)

  • Change: Appointment (MD/CEO)
  • Person: Mr. Ajay Rajan
  • Role: Managing Director & Chief Executive Officer (KMP)
  • Effective Date: 1 June 2026
  • Context: Appointed as Additional Director (Executive) and designated as MD & CEO, subject to shareholder approval.

Hitech Corporation Limited (HITECHCORP)

  • Change: Re-appointment (MD)
  • Person: Mr. Malav Dani
  • Role: Managing Director
  • Effective Date: 05 Aug 2026 – 04 Aug 2031
  • Context: Re-appointed for five years, subject to shareholder and Central Government approvals.

EPACK Durable Limited (EPACK)

  • Change: Re-appointment (MD)
  • Person: Mr. Ajay DD Singhania
  • Role: Managing Director
  • Effective Date: 02 Nov 2026 – 01 Nov 2031
  • Context: Re-appointed for a further 5 years, subject to shareholder approval.

Lenskart Solutions Limited (LENSKART)

  • Change: No CEO/CFO/COO change reported in the provided text.
  • Note: Board actions were focused on financial results, investments/merger, and auditor re-appointments.

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

Anuh Pharma Limited (506260)

  • Appointment: Mr. P. N. Rao as General Manager – Quality
  • Effective Date: 01 June 2026
  • Context: Board appointment (20 May 2026).

Veedol Corporation Limited (590005)

  • Resignation/cessation (senior exec): Mr. Mandar Ghatnekar
  • Role: Head Marketing
  • Effective Date: close of business hours on 31 May 2026
  • Context:at his expressed desire” (modification of earlier intimation).

Borosil Limited (543212)

  • Change: Re-designation (not a new KMP role)
  • Person: Mr. Shreevar Kheruka
  • Role: Managing Director & CEO → Managing Director
  • Effective Date: 20 May 2026
  • Context: Board approved re-designation.

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

Sansera Engineering Limited (SANSERA)

  • Appointment: Ms. Radhika Govind Rajan
  • Role: Additional Director (Non-Executive Independent)
  • Effective Date: 20 May 2026 (term till 19 May 2031, subject to shareholder approval)
  • Appointment: Mr. Deepak Keshav Ghaisas
  • Role: Additional Director (Non-Executive Independent)
  • Effective Date: 20 May 2026 (term till 19 May 2031, subject to shareholder approval)
  • Appointment: Mr. Venkataram Mamillapalle
  • Role: Additional Director (Non-Executive Independent)
  • Effective Date: 20 May 2026 (term till 19 May 2031, subject to shareholder approval)

Anuh Pharma Limited (506260)

  • Re-appointment: Mr. Bipin Nemchand Shah
  • Role: Non-Executive Director (liable to retire by rotation; re-appointed)
  • Effective Date: 12 Aug 2026 (subject to shareholder approval)
  • Re-appointment: Mr. Arun Lalchand Todarwal
  • Role: Non-Executive Director (liable to retire by rotation; re-appointed)
  • Effective Date: 12 Aug 2026 (subject to shareholder approval)

Protean eGov Technologies Limited (PROTEAN)

  • Appointment: Mr. Nandkumar Saravade
  • Role: Additional Director (Non-Executive Independent)
  • Effective Date: 1 June 2026
  • Context: First term of 3 years, subject to shareholder approval.

Prime Fresh Limited (540404)

  • Resignation/cessation: Mr. Ravi Menon
  • Role: Non-Executive Independent Director
  • Effective Date: 20 May 2026 (close of business hours)
  • Context: Completion of second term.

Xpro India Limited (XPROINDIA)

  • Appointment: Sri Girish Behal
  • Role: Director & Managing Director (subject to member approval)
  • Effective Date: 1 Jan 2027 (with interim redesignation as “Managing Director (Designate) & CEO”)
  • Re-appointment: Ms. Suhana Murshed
  • Role: Independent Director
  • Effective Date: 20 July 2026 – 19 July 2031

Talbros Automotive Components Limited (505160)

  • Appointment: Mr. Pratham Mittal
  • Role: Additional Director (Non-Executive Independent)
  • Effective Date: 20 May 2026 (subject to shareholder approval via postal ballot)

Vishal Fabrics Limited (538598)

  • Re-appointment: Mr. Susanta Kumar Panda
  • Role: Independent Director (second term)
  • Effective Date: 01 June 2026 – 31 May 2031 (subject to shareholder approval)

Capacit’e Infraprojects Limited (540710)

  • Re-appointment: Mr. Subir Malhotra
  • Role: Whole Time Director
  • Effective Date: 01 Nov 2026 – 31 Oct 2031 (subject to shareholder approval)

Innovana Thinklabs Limited (INNOVANA)

  • Re-appointment: Mrs. Riya Sharma
  • Role: Independent Director (second term)
  • Effective Date: (as per filing context) 5-year second term; postal ballot notice referenced.

4. Notable Company-Specific Situations (within-company clustering)

Veedol Corporation Limited (590005)

  • Clustered changes around end-May 2026:
  • MD cessation (Arijit Basu) effective 31 May 2026
  • Head Marketing (Mandar Ghatnekar) relieved 31 May 2026
  • New MD (Rajendra Nath Ghosal) effective 1 June 2026

5. Reappointments / Extensions (side notes)

(Only where explicitly stated in the provided filings.)

International Conveyors Limited (INTLCONV)

  • Re-appointment: M/s Lodha & Co. LLP as Internal Auditors for FY 2026-27 (effective 20 May 2026)

MosChip Technologies Limited (MOSCHIP)

  • Appointment: M/s Gokhale & Co. as Internal Auditors for FY 2026-27 (Board approval dated 20 May 2026)

EPACK Durable Limited (EPACK)

  • Re-appointment: Cost Auditors M/s Cheena & Associates for FY 2026-27 (subject to AGM ratification)

Lenskart Solutions Limited (LENSKART)

  • Re-appointment: Internal Auditors PricewaterhouseCoopers Services LLP for FY 2026-27
  • Re-appointment: Secretarial Auditor DPV & Associates LLP for 5 years (subject to shareholder approval)

Embassy Developments Limited (EMBDL)

  • Appointment: Mr. Chirag Boonlia as Chief Technology Officer (Senior Management) effective 20 May 2026

Metro Brands Limited (METROBRAND)

  • Appointment: Internal Auditor PwC for FY 2026-27 to FY 2028-29 (3 years)

Apollo Pipes Limited (APOLLOPIPE)

  • Resignation (SMP/COO): Mr. Parag Dadeech, COO, relieved 20 May 2026 (resignation due to health reasons)

Indiqube Spaces Limited (INDIQUBE)

  • Appointment: Company Secretary & Compliance Officer Mr. Bhasker Dubey effective 20 May 2026
  • Appointment: Secretarial Auditors M/s VVS and Associates for 5 years (subject to shareholder approval)
  • Re-appointment: Internal Auditors Singhvi Devi and Unni LLP for FY 2026-27

Arvind SmartSpaces Limited

  • Re-appointment: Internal Auditor M/s Mahajan & Aibara Associates for FY 2026-27 (re-appointed 20 May 2026)

Vision Cinemas Limited (526441)

  • Re-appointment: Internal Auditor Mr. Vinodh Kumar H for FY 2026-27 (May 20, 2026)

Rajshree Sugars & Chemicals Limited (RAJSREESUG)

  • Re-appointment: Wholetime Director Mr. R. Varadarajan for 5 years (05 Jun 2026 – 04 Jun 2031)
  • Re-appointment: President (Head Operations) Mr. G. Sathiyamoorthi for 3 years from 04 Jun 2026
  • Re-appointment: Cost Auditors M/s S. Mahadevan & Co. for FY 2026-27

Capacit’e Infraprojects Limited (540710)

  • Re-appointment: Cost Auditors M/s Y. R. Doshi & Associates for FY 2026-27
  • Re-appointment: Internal Auditors Ernst & Young LLP for FY 2026-27

Hitech Corporation Limited (HITECHCORP)

  • Re-appointment: Managing Director Malav Dani (see Key Leadership section)

If you want, I can also provide a one-page “changes-only” table (company → role → effective date) for faster internal circulation.