Daily Management Change Report (BSE filings – last 24 hours)
0) Critical Alerts (for-cause resignations)
- None found in the provided filings where the stated reason indicates governance/ethical/“for cause” concerns (e.g., lack of information, ethical issues, mismanagement, governance disputes).
1) Key Leadership Changes (CEO / CFO / COO / Chairman / MD)
Shriram Finance Limited (511218)
- Change: Re-appointment (MD & CEO)
- Person: Mr. Parag Sharma
- Role: Managing Director & CEO
- Effective Date: Dec 13, 2026 (for further 5 years)
- Context: Re-appointment approved by Board; subject to shareholder approval at ensuing AGM.
Atul Limited (500027)
- Change: Re-appointment (MD)
- Person: Mr. Samveg Lalbhai
- Role: Managing Director
- Effective Date: Dec 15, 2026 (for 5 years)
- Context: Re-appointment approved by Board; subject to shareholder approval.
2) Executive Management Changes (senior executives below CEO/CFO/COO)
Adani Energy Solutions Limited (539254)
- Appointment: Mr. Raj Kumar Jain — Head of Energy Solutions and C&I (SMP)
- Effective: Apr 23, 2026
- Appointment: Mr. Nitin Mittal — Head – Talent Acquisition (SMP)
- Effective: Apr 23, 2026
- Cessation: Mr. Vivek Gautam — Head – Projects (due to organizational restructuring)
- Effective: Apr 23, 2026
- Cessation: Mr. Sandeep Gautam — Head – HR (due to organizational restructuring)
- Effective: Apr 23, 2026
- Cessation: Mr. Manish Upadhyay — Head – Talent Acquisition (due to organizational restructuring)
- Effective: Apr 23, 2026
- Cessation: Mr. Rohit Agrawal — Senior VP (CPG) (due to organizational restructuring)
- Effective: Apr 23, 2026
- Internal Auditor change (w.e.f. Apr 23, 2026):
- Appointment: BDO India Services Pvt Ltd as Internal Auditor
- Cessation: Mr. Harish Sharma (Internal Auditor) (rotation/restructuring)
Lodha Developers Limited (543287)
- Appointment (SMP): Mr. Satish Shenoy — elevation in leadership role
- Effective: Apr 24, 2026
- Context: “Elevation of Mr Satish Shenoy in Leadership role.”
L&T Finance Limited (533519)
- Appointment: Mr. Sachinn Joshi — Whole-time Director (subject to regulatory + shareholder approvals)
- Effective: as per receipt of approvals (not specified in text)
- Appointment: Mr. Raju Dodti — Whole-time Director (subject to regulatory + shareholder approvals)
- Effective: as per receipt of approvals (not specified in text)
IndusInd Bank Limited (532187)
- Appointment: Mr. Sunil Kumar Singh — Chief Compliance Officer (SMP)
- Effective: Apr 30, 2026
- Cessation: Mr. Sachin Patange — Chief Compliance Officer (SMP)
- Effective: Apr 29, 2026 (tenure nearing completion)
- Appointment (SMP → Director track):
- Mr. Ganesh Sankaran — Head – Wholesale Banking Group (Executive Director designate; subject to approvals)
- Mr. Jagdeep Mallareddy — Head – Consumer Banking (Executive Director designate; subject to approvals)
RBL Bank Limited (540065)
- Cessation: Mr. Rajagopalan R — Head – Internal Audit (superannuation)
- Effective: Apr 30, 2026 (close of business hours)
- Appointment: Mr. Navin Sharma — Head – Internal Audit
- Effective: May 01, 2026
Mahindra & Mahindra Financial Services Limited (532720)
- Cessation (SMP): Mr. Sandeep Mandrekar — Chief Business Officer – Wheels
- Effective: Apr 24, 2026 (end of day)
- Context: moving outside full-time employment; to provide consultancy for Wheels growth
- SMP elevation (effective Apr 25, 2026; roles effective May 1, 2026):
- Mr. Shantanu Padhye — Head – Collections
- Mr. Nitesh Rawal — Business Head – New & Used Cars Loans and CV Loans
- Mr. Chanpreet Singh — Business Head – Swaraj Division
- Mr. Pravin Kulkarni — Business Head – Farm Division
Raasi Refractories Limited (502271)
- Appointment (CFO/KMP): Mr. Mahesh Vaddepalli — Chief Financial Officer
- Effective: Apr 24, 2026
Oil Country Tubular Limited (500313)
- Resignation (CFO/KMP): Mr. Lal Bahadur Shastry Gubba — CFO & KMP
- Effective: Apr 23, 2026 (close of business hours)
- Reason: “pursue better professional opportunity.”
TVS Electronics Limited (532513)
- Resignation (SMP): Mr. R Nageswar Rao — Vice President & CHRO
- Effective: Apr 24, 2026 (close of business hours)
- Reason: “pursue career opportunities outside the organization.”
Aadhar Housing Finance Limited (544176)
- Appointment (SMP): Mr. Ashutosh Balyan — Head – Credit
- Effective: Apr 24, 2026
Chambal Fertilisers & Chemicals Limited (500074)
- Cessation (SMP): Mr. Ajay Tayal — Head – Manufacturing
- Effective: Apr 24, 2026
- Context: ceased to be “Senior Management Personnel” due to organizational reporting structure change.
Hindusthan Insulators & Industries Limited (539984)
- Appointment (KMP): Ms. Neha Kejriwal — Company Secretary & Compliance Officer
- Effective: Apr 24, 2026
LIC Housing Finance Limited (500253)
- SMP elevations/appointments (circular resolution Apr 24, 2026):
- Ms. Taruna Malick — General Manager (Marketing-Retail, Lead Management and PR & Publicity)
- Mr. Vikas Chaturvedi — General Manager (HR, Staff Discipline and Legal)
- Mr. Sudipto Sil — General Manager (Project Finance – Marketing)
- Ms. Aruna H Doke — Joint General Manager (Audit)
Polytex India Limited (512481)
- Resignation: Mr. Anandkumar Labhshankar Trivedi — Additional Executive Director
- Effective: Apr 24, 2026
- Reason: “personal and unavoidable circumstances” (no material reasons other than stated)
Sparc Electrex Limited (531370)
- Appointment: Ms. Niki Singh — Company Secretary & Compliance Officer
- Effective: Apr 24, 2026
- Resignation: Mr. Suresh Vishwanathan — Executive Director
- Effective: Apr 24, 2026 (close of business hours)
- Reason: “preoccupancy.”
Mahindra & Mahindra Limited (500520)
- Appointment (SMP): Ms. Shuchi Suri — Executive Vice President – Mahindra Experiences
- Effective: May 14, 2026
Jammu & Kashmir Bank Limited (532209)
- Cessation: Mr. Ambrish Kumar Mishra — Chief Vigilance Officer (CVO)
- Effective: Apr 23, 2026 (close of business hours)
- Context: completion of term
Finkurve Financial Services Limited (508954)
- Appointment (Board): Mr. Rajendran Chinna Veerappan — Additional Director (Non-Executive Non-Independent)
- Effective: Apr 25, 2026 (subject to shareholder approval within 3 months or at next GM)
Finkurve Financial Services Limited (508954)
- ESOP allotment: 93,500 equity shares allotted under ESOP plan (no leadership role change)
Allcargo Logistics Limited (532749)
- Re-appointment (Independent Director track): Mr. Sivaraman Narayanaswami
- Term: May 4, 2026 to May 3, 2027 (subject to shareholder approval via postal ballot)
Raasi Refractories Limited (502271)
- Appointment (CFO/KMP): Mr. Mahesh Vaddepalli — CFO (already covered above)
3) Board / Director Changes (Independent / Non-exec / Additional directors)
ACI Infocom Limited (517356)
- Appointment: Mr. Sanjay Mandavia — Executive Director
- Effective: Apr 24, 2026
- Appointment: Mr. Navneet Kumar — Additional Non-executive Independent Director
- Effective: Apr 24, 2026
- Term: 5 years (Apr 24, 2026 to Apr 23, 2031)
Lodha Developers Limited (543287)
- Re-appointment: Mr. Lee Polisano — Independent Director (2nd term)
- Term: Jul 30, 2026 to Jul 29, 2031
- Appointment: Mr. Akhil Gupta — Additional Non-executive Independent Director
- Term: Apr 24, 2026 to Apr 23, 2031 (subject to shareholder approval)
CDG Petchem Limited (534796)
- Regularization (Independent Directors):
- Appointment/regularization: Ms. Rita Aggarwal — Non-Executive Independent Director
- Term: 5 years from Nov 14, 2025
- Appointment/regularization: Ms. Kajal Jangra — Non-Executive Independent Director
- Term: 5 years from Nov 14, 2025
- Regularization (Non-independent directors):
- Appointment/regularization: Mr. Akashdeep Singh Mundi — Non-Executive Non-Independent Director
- Effective: Nov 14, 2025
- Appointment/regularization: Mr. Arshdeep Singh Mundi — Executive Non-Independent Director
- Effective: Nov 14, 2025
- Appointment/regularization (Whole-time):
- Appointment/regularization: Mr. Jagjit Singh Rai — Whole-time Director
- Term: 5 years from Nov 14, 2025
Pearl Green Clubs and Resorts Limited (543540)
- Appointment: Ms. Durga Kumar Modi — Additional Director (Independent category)
- Effective: Apr 24, 2026
- Term: 5 years (Apr 24, 2026 to Apr 23, 2031), subject to shareholders
- Resignation: Ms. Sayli Akshay Shelke — Independent Director
- Effective: Apr 23, 2026 (board accepted; resignation effective Apr 24, 2026 as communicated)
Creative Eye Limited (532392)
- Resignation (Chairperson of Board): Ms. Zuby Kochhar — Chairperson
- Effective: Apr 24, 2026
- Reason: “focus more effectively on responsibilities as Whole-Time Director…”
Great Eastern Shipping Company Limited (500620)
- Resignation: Mr. Berjis Desai — Non-Executive Non-Independent Director
- Effective: Apr 24, 2026
- Reason: “consequent upon… appointment as Member, National Commission for Minorities…”
Virtual Global Education Limited (534741)
- Resignation: Ms. Surabhi Yadav — Independent Director
- Effective: Apr 24, 2026
- Reason: “personal reasons.”
Unitech Limited (507878)
- Resignation: Mrs. Uma Shankar — Nominee Director (Non-Executive)
- Effective: Mar 07, 2026 (email tendered); disclosure filed later
- Reason: “personal reasons.”
MMTC Limited (513377)
- Director term expiry / extension not received:
- Cessation: Shri Dinesh Dubey — Non-Executive Independent Director
- Effective: Apr 24, 2026
- Context: extension expected from Ministry but “has not yet been received.”
Sattva Sukun Lifecare Limited (539519)
- Appointment: Mr. Sachin Bhanubhai Manseta — Additional Non-Executive Independent Director
- Effective: Apr 24, 2026
- Appointment: Mr. Chirag Dedhia — Additional Non-Executive Non-Independent Director
- Effective: Apr 24, 2026
Atul Limited (500027)
- Re-appointment (MD covered above)
Dodla Dairy Limited (543306)
- Re-appointment: Ms. Vinoda Kailas — Independent Woman Director (2nd term)
- Term: Jan 20, 2027 to Jan 19, 2032 (subject to shareholders)
- Re-appointment: (Cost/Internal auditors covered under other sections; board-level SMP appointment below)
- Appointment (SMP): Ms. Dodla Silpa Reddy — SMP Strategy & Transformation
- Effective: May 01, 2026 (board approved with effect from 01 May 2026)
LIC Housing Finance Limited (500253)
- (SMP changes covered above; no board director changes in provided text)
Oil Country Tubular Limited (500313)
- (CFO resignation covered above; no director change in provided text)
Atishay Limited (538713)
- Appointment: Mr. Sanjay Gupta — Additional Non-Executive Independent Director
- Term: Apr 24, 2026 to Apr 23, 2029 (subject to shareholder special resolution)
- Appointment: Mr. Atishay Jain — Additional Executive Whole-time Director
- Term: Apr 24, 2026 to Apr 23, 2031 (subject to shareholder special resolution)
SATTVA SUKUN LIFECARE LIMITED (539519)
- (Director appointments covered above)
MMTC Limited (513377)
- (Director term expiry covered above)
4) Notable Company-Specific Situations (within-company clustering)
- Adani Energy Solutions Limited (539254): multiple SMP changes clustered on Apr 23, 2026 (Head-level reshuffle across Energy Solutions/C&I, Talent Acquisition, Projects, HR, CPG) plus internal auditor change same effective date.
- Pearl Green Clubs and Resorts Limited (543540): simultaneous Independent Director resignation (Sayli Akshay Shelke) and appointment of another Independent director (Durga Kumar Modi) around Apr 23–24, 2026.
- IndusInd Bank Limited (532187): concurrent compliance leadership transition (Chief Compliance Officer) plus board-track appointments of senior banking heads as Executive Director-designates (subject to approvals).
5) Reappointments / Extensions (side notes)
Shriram Finance Limited (511218)
- Re-appointment: Mr. Parag Sharma as MD & CEO for 5 years from Dec 13, 2026 (subject to shareholder approval).
Atul Limited (500027)
- Re-appointment: Mr. Samveg Lalbhai as Managing Director for 5 years from Dec 15, 2026 (subject to shareholder approval).
Lodha Developers Limited (543287)
- Re-appointment: Mr. Lee Polisano as Independent Director second term Jul 30, 2026 – Jul 29, 2031 (subject to shareholders).
Allcargo Logistics Limited (532749)
- Re-appointment: Mr. Sivaraman Narayanaswami as Independent Director second term for 1 year (May 4, 2026 – May 3, 2027) via postal ballot.
Dodla Dairy Limited (543306)
- Re-appointment: Ms. Vinoda Kailas as Independent Woman Director second term Jan 20, 2027 – Jan 19, 2032 (subject to shareholders).
If you want, I can also provide a one-page tabular view (Company | Role | Change | Effective date | Reason) for faster internal review.