Daily Management Change Report (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 only)
No qualifying CEO/CFO/COO/Chairman/MD changes reported in the provided documents.
2. Executive Management Changes (below CEO/CFO/COO)
HEXAWARE TECHNOLOGIES LIMITED (HEXT)
- Appointment: Mr. Parameshwaran Iyer — elevated as Executive Vice President, Head – UK and Europe (w.e.f. May 31, 2026)
- Appointment: Mr. Vijay Raghavan — elevated as Sr. Vice President, Head – Asia Pacific and Middle East (w.e.f. May 31, 2026)
- Resignation: Mr. Amrinder Singh — President & Head – Europe & APAC Operations; resignation effective close of business hours on June 18, 2026 (reason: “to pursue other career opportunities”)
Aditya Birla Capital Limited (ABCAPITAL)
- Resignation: Ms. Darshana Shah — Chief Marketing Officer; resignation accepted effective 31 May 2026 (close of business hours) (reason: “to explore larger business/geography roles”)
YES BANK LIMITED (YESBANK)
- Resignation/Relieved: Mr. Ajay Rajan — Country Head – Transaction Banking, Government, MNC & New Economy Business, and IBU; relieved May 31, 2026 (resignation tendered April 09, 2026; reason stated: “better profile”)
New Delhi Television Limited (NDTV)
- Termination/Cessation: Mr. Nikhil Guliani — Chief Legal and Regulatory Officer; services terminated and ceased May 29, 2026 (reason: “Termination and cessation of service upon separation”)
Mahanagar Gas Limited (MGL)
- Cessation (superannuation): Mr. Rajesh Wagle — Senior Vice President, Marketing; retirement effective June 01, 2026 (reason: superannuation)
Power Grid Corporation of India Limited (POWERGRID)
- Cessation (superannuation): Shri Mohammad Quamrul Huda — Executive Director (ED); ceased as ED w.e.f. May 31, 2026 (reason: superannuation)
Central Bank of India (CENTRALBK)
- Retirement (superannuation):
- Shri Mukul N. Dandige — Chief General Manager & Chief Financial Officer (CFO); retirement May 31, 2026
- Shri Suryanarayana Murty Saladi — General Manager – MSME Department; retirement May 31, 2026
NLC India Limited (NLCINDIA)
- Cessation (superannuation): Shri M Venkatachalam — Director (Power); ceased May 31, 2026 (relieved May 30, 2026 due to Sunday)
National Aluminium Company Limited (NALCO)
- Cessation (superannuation): Shri Sachidananda Jena — Executive Director (S&P); superannuated May 31, 2026
NIVAKA FASHIONS LIMITED (NIVAKA)
- Appointment: H R Bohra and Co — Internal Auditor for FY 2026–27 (board approved May 30, 2026; appointment for FY 2026–27)
3. Board / Director Changes (Independent/NED/Additional directors)
Kothari Industrial Corporation Limited (KOTHARIND)
- Resignation: Mr. Ravi Kumar Perumal — Non-Executive Independent Director; effective close of business hours on May 30, 2026 (reason: “proposed relocation abroad” / “personal reasons” stated in company letter; resignation letter cites relocation abroad)
- Appointment/Reconstitution: Mrs. Priya Rao — Non-Executive Independent Director appointed as member of:
- Audit Committee (in place of Mr. Ravi Kumar Perumal)
- Stakeholders Relationship Committee (in place of Mr. Ravi Kumar Perumal)
- Nomination and Remuneration Committee (in place of Mr. Ravi Kumar Perumal)
- Risk Management Committee (in place of Mr. Ravi Kumar Perumal)
4. Notable Company-Specific Situations
HEXAWARE TECHNOLOGIES LIMITED (HEXT)
- Clustered senior management movements on the same date: two regional leadership elevations (May 31, 2026) alongside a President-level resignation with notice period ending June 18, 2026.
Kothari Industrial Corporation Limited (KOTHARIND)
- Director exit triggers committee reconstitution: resignation of an Independent Director followed by appointment of another Independent Director across multiple board committees.
5. Reappointments / Extensions (Side Notes)
No CEO/CFO/COO/Chairman/MD reappointments/extensions were explicitly reported in the provided filings.