Daily Management Change Report (Last 24 hours)
0. Critical Alerts (for-cause resignations)
- None identified in the provided filings. (No resignation stated “for cause”/governance/ethics/mismanagement/lack of access to information.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Ajax Engineering Limited (AJAXENGG / 544356)
- Change: Resignation (Interim CFO)
- Person: Mr. Ganesh B J
- Role: Interim Chief Financial Officer
- Effective Date: Immediate effect from June 2, 2026
- Context: Interim assignment ended after appointment of a permanent CFO.
- Change: Appointment (CFO)
- Person: Mr. Ketan Pendse
- Role: Chief Financial Officer
- Effective Date: June 2, 2026
- Context: Board appointment following resignation of interim CFO.
String Metaverse Limited (META / 534535)
- Change: Resignation (Chairman & Director – Non-Executive, Non-Independent)
- Person: Mr. Ghanshyam Das
- Role: Chairman & Director (Non-Executive & Non-Independent)
- Effective Date: May 29, 2026
- Context: Board took note of resignation.
- Change: Appointment (Chairman)
- Person: Dr. Sethurathnam Ravi
- Role: Director (Additional; Non-Executive, Non-Independent) & Chairman
- Effective Date: June 2, 2026
- Context: Appointment subject to shareholder approval; liable to retire by rotation.
Kay Power and Paper Limited (KAYPOWR / 530255)
- Change: Resignation (MD)
- Person: Mr. Niraj Chandra
- Role: Managing Director & Director
- Effective Date: June 1, 2026
- Context: Resignation due to pre-occupation and inability to devote sufficient time.
DIC India Limited (DICIND / 500089)
- Change: Resignation (MD & CEO)
- Person: Mr. Manish Bhatia
- Role: Managing Director and CEO
- Effective Date: Board accepted on June 2, 2026; relieved from close of business hours on Aug 29, 2026
- Context: Resignation to pursue other career opportunities (no material reason cited).
2. Executive Management Changes (below CEO/CFO/COO)
Alembic Pharmaceuticals Limited (APLLTD / 533573)
- Resignation/Cessation (SMP status):
- Person: Mr. Atul Suri — Senior Vice President, Sales & Marketing
- Change: Ceased to be Senior Management Personnel
- Effective Date: June 2, 2026
- Context: Internal change in reporting structure.
- Resignation/Cessation (SMP status):
- Person: Mr. Prag Goel — Vice President, Sales & Marketing
- Change: Ceased to be Senior Management Personnel
- Effective Date: June 2, 2026
- Context: Internal change in reporting structure.
Shriram Asset Management Company Limited (531359)
- Resignation:
- Person: Ms. Pratima Talwad
- Role: Head – Institutional Sales (Senior Management Personnel)
- Effective Date: June 3, 2026
- Context: Resigned; resignation letter indicates stepping down (reason not stated in the filing text beyond resignation).
IIFL Finance Limited (IIFL / 532636)
- Resignation:
- Person: Mr. Amlan Singh
- Role: Head of Operations and Customer Service (Senior Management Personnel)
- Effective Date: June 2, 2026
- Context: To explore new opportunities.
Shipping Corporation of India Limited (SCI / 523598)
- Appointment:
- Person: Capt. Pankaj Kumar
- Role: Deputy General Manager I/C (SVC Tec & Com and DD & RBS)
- Effective Date: June 2, 2026 (10:30 Hrs IST)
- Context: Change in internal organisation reporting.
- Cessation:
- Person: Mr. Naveen Kumar
- Role: Deputy General Manager (Purchase & Services Division)
- Effective Date: June 2, 2026 (12:00 Hrs IST)
- Context: Change in internal organisation reporting.
- Cessation:
- Person: Mr. Udaynath Mallik
- Role: Deputy General Manager (DD – Repair Bill Cell)
- Effective Date: June 2, 2026 (12:00 Hrs IST)
- Context: Change in internal organisation reporting.
TTK Prestige Limited (TTKPRESTIG / 517506)
- Appointment (SMP):
- Person: Mr. Chanchal Saxena
- Role: Chief Information & Digital Officer
- Effective Date: June 2, 2026
- Context: Joined as Chief Information & Digital Officer; designated as SMP from June 2, 2026.
Oswal Greentech Limited (OSWALGREEN / 539290)
- Resignation:
- Person: Mr. Moxit Modi
- Role: Chief Financial Officer (CFO)
- Effective Date: Relieved end of business hours June 2, 2026
- Context: Personal and family commitments.
Hindustan Copper Limited (HINDCOPPER / 513599)
- Designation change (ED):
- Person: Shri Shyam Sundar Sethi
- Role: Executive Director (Operations) – Production, Safety and Law
- Effective Date: June 1, 2026
- Context: Designated as per office order; oversees Production/Safety and Legal matters with specified reporting lines.
3. Board / Director Changes (Independent/NED/Additional)
String Metaverse Limited (META / 534535)
- Resignation:
- Person: Mr. Arvind Jadhav
- Role: Independent Director
- Effective Date: June 2, 2026
- Context: Board took note of resignation.
- Appointment:
- Person: Dr. Sethurathnam Ravi
- Role: Additional Director (Non-Executive, Non-Independent) & Chairman
- Effective Date: June 2, 2026
- Context: Appointment subject to shareholder approval.
CROPSTER AGRO LIMITED (523105)
- Appointment:
- Person: Mr. Dipak Rana
- Role: Additional Non-Executive & Independent Director
- Effective Date: June 2, 2026
- Appointment:
- Person: Mr. Yatharth Mimrot
- Role: Additional Non-Executive & Independent Director
- Effective Date: June 2, 2026
Kwality Pharmaceuticals Limited (539997)
- Appointment:
- Person: Mr. Swanith Kapoor
- Role: Additional (Non-Executive, Independent) Director
- Effective Date: June 2, 2026 (term stated: Jun 2, 2026 to Jun 1, 2031, subject to shareholder approval)
- Resignation:
- Person: Mr. Kartik Kapur
- Role: Independent Director
- Effective Date: close of business hours June 2, 2026
- Context: Other professional commitments.
Talbros Automotive Components Limited (505160)
- Resignation:
- Person: Mr. Deepak Jain
- Role: Independent Director
- Effective Date: close of business hours June 1, 2026
- Context: Other professional commitments and time constraints.
Tata Power Company Limited (TATAPOWER / 500400)
- Appointment:
- Person: Mr. Deepak Kapoor
- Role: Additional Non-Executive, Independent Director
- Effective Date: June 1, 2026 (term: Jun 1, 2026 to May 31, 2031, subject to shareholder approval)
BEML Limited (BEML / 500048)
- Cessation:
- Person: Shri Sasi Kumar K
- Role: Executive Director (Accounts)
- Effective Date: close of business hours May 31, 2026 (superannuation)
Standard Surfactants Ltd. (526231)
- Resignation:
- Person: Mr. Atul Kumar Garg
- Role: Whole-time Director
- Effective Date: closure of business hours June 2, 2026
- Context: Advancing age and engagement in other assignments.
Sera Investments & Finance India Limited (512399)
- Resignation:
- Person: Mr. Sagar Samir Shah
- Role: Whole Time Director
- Effective Date: June 2, 2026
- Context: Personal reasons (stated).
Power Finance Corporation Limited (PFC / 500103)
- Appointment/Assumption of charge:
- Person: Shri V. Packirisamy
- Role: Director (Commercial)
- Effective Date: June 2, 2026 (assumed charge)
- Context: Appointment by Ministry of Power order; tenure until superannuation or further orders (whichever earlier).
4. Notable Company-Specific Situations (within-company clustering)
String Metaverse Limited (META / 534535)
- Clustered board changes on/around June 2, 2026:
- Resignation of Independent Director (Arvind Jadhav) effective June 2, 2026
- Resignation of Chairman (Ghanshyam Das) effective May 29, 2026
- Appointment of Dr. Sethurathnam Ravi as Chairman effective June 2, 2026
- (Also includes committee reconstitution.)
Ajax Engineering Limited (AJAXENGG / 544356)
- Finance leadership transition same day: interim CFO resignation noted and permanent CFO appointment effective June 2, 2026.
5. Reappointments / Extensions (Side Notes)
- None explicitly stated for CEO/CFO/COO/Chairman/MD in the provided filings (appointments are new; terms are stated for some director appointments but not as “reappointments/extension” of existing core roles).