Daily Management Changes Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
- None identified in the provided filings.
(No resignation text cites governance/ethics/mismanagement/lack of information/disagreement “for cause”; most cite “change in control”, “personal reasons”, or “new opportunity”.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
P H Capital Limited (500143)
- Change: Appointment (CFO)
- Person: Mr. Aditya Himmat Bhansali (DIN: 03184474)
- Role: Chief Financial Officer (CFO)
- Effective Date: June 06, 2026
-
Context: Board approved post completion of open offer; also appointed as Additional WTD & Designated Director (subject to regulatory approvals).
-
Change: Appointment (CEO)
- Person: Mr. Rahul Sharma
- Role: Chief Executive Officer (CEO)
- Effective Date: June 06, 2026
-
Context: Board approved as part of change in management/control following open offer completion.
-
Change: Resignation (CFO)
- Person: Mr. Vijay Solanki
- Role: Chief Financial Officer (CFO)
- Effective Date: June 05, 2026 (close of business hours)
- Context: Resignation stated as “due to change in control”.
Indraprastha Gas Limited (532514)
- Change: Appointment (MD)
- Person: Shri Kumar Shanker (DIN: 09533240)
- Role: Managing Director (MD)
- Effective Date: June 05, 2026
-
Context: Nominated by promoter GAIL (India) Limited; took over charge from Shri Kamal Kishore Chatiwal.
-
Change: Cessation (MD)
- Person: Shri Kamal Kishore Chatiwal
- Role: Managing Director (MD)
- Effective Date: June 05, 2026
- Context: Ceased as MD and repatriated to GAIL.
Allied Blenders and Distillers Limited (544203)
- Change: Appointment (MD)
- Person: Mr. Amar Sinha (DIN: 01488890)
- Role: Managing Director (MD) & KMP
- Effective Date: June 01, 2026 (subject to member approval; period 3 years ending May 31, 2029)
-
Context: Board approved MD appointment following stepping down of existing MD.
-
Change: Stepping down / cessation (MD)
- Person: Mr. Alok Gupta (DIN: 02330045)
- Role: Managing Director (MD) & KMP
- Effective Date: May 31, 2026 (end of business hours)
- Context: Letter states stepping down before end of tenure.
SPL Industries Limited (532651)
- Change: Re-appointment (MD)
- Person: Mr. Mukesh Kumar Aggarwal (DIN: 00231651)
- Role: Managing Director (MD)
- Effective Date: May 15, 2026 (term of 5 years; subject to shareholder approval)
- Context: Board approved re-appointment for a further term.
2. Executive Management Changes (senior executives below CEO/CFO/COO)
P H Capital Limited (500143)
- Appointment: Mr. Umesh Madanlal Prajapati — Compliance Officer (broking division) (effective June 06, 2026)
- Appointment: Ms. Disha Singhvi — Additional Executive Director & Designated Director (effective June 15, 2026 or later upon regulatory approvals)
Tamilnad Mercantile Bank Limited (543596)
- Promotion (senior management): Thiru. T. Arunmolian — Deputy Vice President → Vice President; designated as Head of Legal (effective June 01, 2026)
Vishal Mega Mart Limited (544307)
- Resignation: Mr. Vishal Mehrotra — Chief B&M Officer – FMCG (relieved June 05, 2026; resignation due to personal reasons)
- Context note: Company states Mr. Vineet Saxena (SVP – FMCG) will lead the FMCG business (no formal appointment filing details provided in the text).
Astec LifeSciences Limited (533138)
- Resignation: Ms. Vijayalakshmi Iyer — General Manager – Human Resources (resignation accepted; effective June 05, 2026)
Nucleus Software Exports Limited (531209)
- Resignation: Mr. Aabhinna Suresh Khare — Chief Marketing Officer (CMO) (relieved June 08, 2026)
Tasty Bite Eatables Limited (519091)
- Resignation: Mr. Shivhari Magar — Associate Director – Corporate Affairs (relieved June 05, 2026; reason: personal commitment)
Pajson Agro India Limited (544657)
- Resignation: Mr. Ravi Pitla — General Manager – Technical (Plant Maintenance) (effective July 31, 2026 close of business hours; reason: personal/family commitments)
Msafe Equipments Limited (544695)
- Resignation: Mr. Rachit Jain — Business Head – Formwork Division (SMP) (relieved June 15, 2026)
G G Engineering Limited (540614)
- Resignation: Mr. Virender Sharma — CFO & KMP (relieved June 05, 2026; reason: pursue new professional opportunities)
Billwin Industries Limited (CFO/KMP + Independent Director) (252842)
- Resignation: Ms. Janvhi Ajit Tawde — CFO & KMP (effective June 10, 2026 close of business hours; reason: personal reasons)
RITES Limited (541556)
- Board-level (Government nominee) appointment (not an executive role, but included here only as context): Shri Atul Singh appointed as part-time Government Nominee Director (effective May 29, 2026)
3. Board / Director Changes (Independent/NED/Additional directors)
P H Capital Limited (500143)
- Appointment: Mr. Nagendraa Parakh — Additional Non-Executive Independent Director (effective June 15, 2026 or later upon regulatory approvals)
- Resignation: Mr. Rikeen Dalal — Whole-time Director (effective June 15, 2026 or later upon regulatory approvals; reason: change in control)
- Resignation: Ms. Sejal Rikeen Dalal — Non-Executive Director (effective June 15, 2026 or later upon regulatory approvals; reason: change in control)
RITES Limited (541556)
- Appointment: Shri Atul Singh — Government Nominee Director (part-time)
- Effective Date: May 29, 2026 (DIN allotted date)
- Context: Board approved appointment on June 05, 2026.
Spandana Sphoorty Financial Limited (542759 / 890221)
- Cessation: Mr. Deepak Calian Vaidya — Independent Director (ceased June 05, 2026)
- Context: Completion of second term.
Alfavision Overseas (India) Limited (531156)
- Resignation: Mrs. Niharika Roongta — Independent Director (effective May 30, 2026)
- Context: Resignation due to professional commitments/other assignments.
- Note: Company later filed an additional disclosure to attach the resignation letter (compliance correction).
Vipul Limited (511726 / VIPULLTD)
- Resignation: Mr. Rajeev Gupta — Independent Director (effective June 04, 2026; reason: personal reasons)
Hardwyn India Limited (541276)
- Appointment: Mr. Yogesh Garg — Additional Independent Director (effective June 05, 2026, subject to member approval)
- Resignation: Ms. Tanya Sayal — Non-Executive Director (effective June 05, 2026 close of business hours; reason: personal reasons)
RBL Bank Limited (540065)
- Appointment: Mr. Suryanarayan Subramanian (Surya Subramanian) — (Additional) Non-Executive Independent Director
- Effective Date: June 05, 2026
- Term: 4 years (subject to shareholder approval)
Billwin Industries Limited (252842)
- Resignation: Mr. Rakesh Gurnomal Rohera — Independent Director (ceased March 31, 2026; reason: personal reasons)
SPL Industries Limited (532651)
- Re-appointment: Mr. Sudeepta Ranjan Rout — Independent Director (second term; commencing July 10, 2026, subject to shareholder approval)
- Re-appointment: Mr. Varun Bansal — Independent Director (second term; commencing July 10, 2026, subject to shareholder approval)
- Re-appointment: Mr. Vikash Jalan — Independent Director (second term; commencing July 10, 2026, subject to shareholder approval)
4. Notable Company-Specific Situations (within-company clustering)
P H Capital Limited (500143)
- Clustered management change: simultaneous exits/entries across CFO + CEO + multiple directors tied to open offer completion / change in control.
- Resignations include CFO (Vijay Solanki) plus Whole-time & Non-Executive directors (Rikeen Dalal, Sejal Rikeen Dalal), while new management includes CEO (Rahul Sharma) and CFO (Aditya Himmat Bhansali) and independent director (Nagendraa Parakh).
Hardwyn India Limited (541276)
- Multiple governance/secretarial changes in one board outcome: appointment of Independent Director (Yogesh Garg) plus resignation of Non-Executive Director (Tanya Sayal) and Company Secretary & Compliance Officer (Pooja Sarkar), with new CS (Diksha Rani).
5. Reappointments / Extensions (side notes)
SPL Industries Limited (532651)
- Re-appointment: Mr. Mukesh Kumar Aggarwal — Managing Director for 5 years from May 15, 2026 (subject to shareholder approval)
- Re-appointment: Independent directors Sudeepta Ranjan Rout, Varun Bansal, Vikash Jalan for second 5-year terms commencing July 10, 2026 (subject to shareholder approval)
RITES Limited (541556)
- No reappointment noted; only Government nominee director appointment.