Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (Highest Priority)
No “for cause” resignations (i.e., resignation reasons indicating governance/ethical/mismanagement concerns) were found in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)
Sonata Software Limited (532221)
- Change: Resignation/Cessation (MD & CEO) / Appointment (CEO)
- Person: Mr. Samir Dhir
- Role: Managing Director & Chief Executive Officer (MD & CEO) / Executive Director
- Effective Date: Close of business hours May 8, 2026 (term expiry)
- Context: “Upon expiration of his term on May 8, 2026… will cease and vacate office… [and] resigned from… Executive Director…”
- Person: Mr. Rajsekhar Datta Roy
- Role: Chief Executive Officer (CEO)
- Effective Date: May 9, 2026
- Context: Board approved appointment for 3 years.
Vinyl Chemicals (India) Limited (VINYLINDIA / 524129)
- Change: Re-appointment
- Person: Shri Madhukar Parekh
- Role: Managing Director (MD)
- Effective Date: w.e.f. April 1, 2027
- Context: Re-appointed for further 5 years (subject to shareholders’ approval).
- Person: Shri Prakash Shah
- Role: Independent Director (not a key role per your list, but included here only for completeness—however it is not Chairman/MD/CEO/CFO/COO; omitted from key-role section per rules)
HMA Agro Industries Limited (HMAAGRO / 543929)
- Change: Appointment / Re-designation (subject to shareholders’ approval)
- Person: Mr. Gulzar Ahmad
- Role: Chairperson & Managing Director (Chairperson and MD)
- Effective Date: June 3, 2026 to June 2, 2031
- Context: “Appointment and re-designation… subject to approval of the Shareholders by way of Postal Ballot.”
2. Executive Management Changes (senior executives below CEO/CFO/COO)
Bharat Heavy Electricals Limited (BHEL / 500103)
- Appointment: Ms. Aruna Gulati — General Manager & Head (SBD), Bengaluru (Head of Solar Business Division, Bengaluru)
- Effective Date: 25 April 2026
- Context: Will report to Director (IS & P).
Axis Bank Limited (AXISBANK / 532215)
- Appointment (designated as Senior Management Personnel):
- Sanjeev Moghe — Head Branch Banking, South (effective 25 April 2026)
- Avinash Raghavendra — Head IT and Retail Operations (effective 25 April 2026)
SBFC Finance Limited (SBFC / 543959)
- Appointment: Ms. Akruti Mashkaria — Head-Internal Audit
- Effective Date: 25 April 2026
HMA Agro Industries Limited (HMAAGRO / 543929)
- Appointment (SMP elevation/designation): Effective May 1, 2026
- Mohammad Mehmood Qureshi — Head – Commercial & Administration
- Mahtab Alam — Head – Procurement & Sourcing
- Parvez Alam — Senior Advisor – General Business Affairs
- Mohammad Kamil Qureshi — Head – International Business
- Shiv Kumar — Head – Human Resources (HR)
- Lalit Kumar (Gupta) — IT / Systems Manager
3. Board / Director Changes (Independent/NED/Additional directors)
Bilcare Limited (526853)
- Resignation (end of term): Mrs. Madhuri Vaidya
- Role: Independent Director
- Effective Date: Term ends close of business hours on 26 April 2026
- Appointment (subject to shareholders’ approval): Advocate Ashwini Ashok Hasabnis
- Role: Additional Director (Non-Executive Independent Woman Director)
- Effective Date: w.e.f. 25 April 2026 (first term of 5 years)
Deccan Healthcare Limited (542248)
- Appointment: Mr. Bhupender Singh — Additional Director (Non-Executive Independent)
- Effective Date: 25 April 2026
- Appointment: Ms. Manju Singh — Additional Director (Non-Executive Independent)
- Effective Date: 25 April 2026
- Appointment: Ms. Pratiksha Bisht — Additional Director (Non-Executive Independent)
- Effective Date: 25 April 2026
Tirupati Innovar Limited (Formally Tirupati Tyres Limited) (539040 / TTIL)
- Resignation: Bharat Babubhai Sakariya
- Role: Independent Director (Non-Executive)
- Effective Date: close of business hours on 25 April 2026
- Stated reason (tight): “not able to devote his time to the Companies affairs.”
Kretto Syscon Limited (SME; ticker not provided)
- No director appointment/resignation captured in the provided text (filing is CFO cessation).
Cropster Agro Limited (523105 / CROPSTER)
- Appointment: Mr. Jignesh Manilal Shrimali
- Role: Additional Non-Executive & Non-Independent Director
- Effective Date: 25 April 2026
HMA Agro Industries Limited (543929 / HMAAGRO)
- Appointment (subject to shareholders’ approval):
- Mr. Viswambharan Parameswaran — Executive Additional Director; Whole-Time Director (subject to Postal Ballot)
- Effective Date: April 25, 2026 to April 24, 2031
- Mr. Bhabani Sankar Acharya — Executive Additional Director; Whole-Time Director (subject to Postal Ballot)
- Effective Date: April 25, 2026 to April 24, 2031
- Re-appointment (subject to shareholders’ approval):
- Mr. Gaurav Rajendra Luthra — Non-Executive Independent Director (2nd term)
- Effective Date: June 3, 2026 to June 2, 2031
4. Notable Company-Specific Situations
Sonata Software Limited (532221)
- Simultaneous leadership transition: MD & CEO Samir Dhir ceases on May 8, 2026, and Rajsekhar Datta Roy appointed CEO effective May 9, 2026 (near-continuous handover).
HMA Agro Industries Limited (543929 / HMAAGRO)
- Broad governance refresh in one board cycle: Chairperson & MD re-designation plus multiple director appointments/re-appointments and SMP elevations, all with Postal Ballot / shareholder approvals and May 1, 2026 SMP effective date.
5. Reappointments / Extensions (side notes)
Vinyl Chemicals (India) Limited (524129 / VINYLINDIA)
- Re-appointment: Shri Madhukar Parekh as Managing Director for 5 years from April 1, 2027 (subject to shareholders’ approval).
Axis Bank Limited (AXISBANK / 532215)
- Re-appointment (Independent Director): N. S. Vishwanathan for 4 years from May 30, 2027 to May 29, 2031 (subject to shareholders’ approval)
- Re-appointment (Non-Executive Part-time Chairman): N. S. Vishwanathan for 3 years from Oct 27, 2026 to Oct 26, 2029 (subject to shareholders’ approval and RBI)
Notes on CFO-only changes (not in “Key Leadership Changes” section)
CFO changes were reported for multiple companies (e.g., Enbee Trade & Finance, Sueryaa Knitwear, Kretto Syscon, Hi-Tech Gears), but your “Key Leadership Changes” section is restricted to CEO/CFO/COO/Chairman/MD—so CFO items are not repeated here unless you want a separate CFO-only table.
