Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
No “for cause” resignations were explicitly stated in the provided filings (i.e., reasons did not cite governance/ethical/mismanagement or lack of information).
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
No qualifying CEO/CFO/COO/Chairman/MD changes were reported in the provided set except where the role is clearly outside the “core” list (e.g., Managing Director appointments are covered below under Board/Director changes where applicable).
2. Executive Management Changes (below CEO/CFO/COO)
Power Grid Corporation of India Limited (POWERGRID)
- Appointment: Shri Dharambir Kumar — promoted as Executive Director (ED) (Senior Management; one level below Board)
- Effective: 01-Jul-2026
- Context: Promotion from Chief General Manager; in-charge of NPMCC department (as per profile).
Jindal Steel & Power Limited (JINDALSTEL)
- Resignation: Mr. Pankaj Malhan — Head – Sales & Marketing
- Effective/cessation: close of business hours on 30-Jun-2026
- Context: Resignation (reason not further specified in filing).
Indian Bank (INDIANB)
- Cessation (Senior Management): Shri Sudhanshu Gaur — General Manager (International Banking Division)
- Effective: ceased to be Senior Management Personnel from 01-Jul-2026 (demitted office on 30-Jun-2026 on superannuation)
Canara Bank (CANBK)
- Promotion: Shri Sujit Kumar Sahoo — promoted as Chief General Manager, Compliance & RBS Wing
- Effective: 01-Jul-2026
- Context: Promotion from General Manager, Compliance & RBS Wing.
Arvind SmartSpaces Limited (ARVSMART)
- Appointment: Mr. Bhasker Jain — Chief Business Officer – MMR
- Effective: 01-Jul-2026
- Appointment: Mr. Tarpit Patni — Head – Legal
- Effective: 01-Jul-2026
- Resignation: Mr. Jai Kumar Ajbani — Head – Legal
- Effective: resigned w.e.f. 30-Jun-2026 (after close of business hours)
- Stated reason: “due to personal reasons”
Crompton Greaves Consumer Electricals Limited (CROMPTON)
- Appointment: Mr. Sachin Phartiyal — Business Unit Head – Home Electricals (Senior Management)
- Effective: 02-Jul-2026
- Role change / reporting change (Senior Management classification):
- Mr. Rajat Chopra — moves to Group Sales & Service Head (GSSH)
- Effective: 02-Jul-2026
- Mr. Anand Kumar N — designated Business Unit Head – Kitchen Appliances
- Effective: 02-Jul-2026
- Mr. Ketan Chaudhari — ceases to be classified as Senior Management Personnel due to change in reporting (role/designation unchanged as PL Head – Small Domestic Appliances)
- Effective: 02-Jul-2026
Railtel Corporation of India Limited (RAILTEL)
- Promotion: Shri Vishwanath Bharatula — promoted from Executive Director/Mktg/SR to Principal Executive Director/Mktg/SR
- Effective: from date of taking over charge of higher post (promotion effective upon taking over charge)
Indian Overseas Bank (IOB)
- Elevation: Mr. Alagarsamy S — elevated to Chief General Manager (also designated Chief Compliance Officer)
- Effective: 01-Jul-2026
- Elevation: Mr. Vikram Khera — elevated to General Manager
- Effective: 01-Jul-2026
- Functional reallocation (Senior Management):
- Mr. Sanjay Kumar Singh — new portfolio: Accounts (from Conduct & Disciplinary Action Cell)
- Effective: 01-Jul-2026
- Mr. Sathia Narayanan — new portfolio: Enterprise Data Management
- Effective: 01-Jul-2026
- Mr. Velayutham K — new portfolio: Agriculture & Rural Banking / SLBC / RRB
- Reporting date: 06-Jul-2026
- Mr. Harjit Singh — new portfolio: Agriculture & Rural Banking / SLBC / RRB
- Reporting date: 06-Jul-2026
- Mr. Rakesh Sasikumar — new assignment: Head of Department, Jewel Loan Cell
- Effective: 01-Jul-2026
- Mr. Vilender Kumar — new assignment: Head of Department – All Government Lending Schemes (Retail/Agri/MSME/Financial Inclusion)
- Effective: 01-Jul-2026
Punjab & Sind Bank (PSB)
- Appointment: Sh. Bontha Koteswara Rao — appointed General Manager vice Mrs. Rashmita Kwatra
- Effective: 01-Jul-2026
Oasis Securities Limited (OASISSECUR)
- Resignation (Senior Management classification not stated; treated as Independent Director resignation below): none in this section.
SERA Investments & Finance India Limited (SERA)
- No CEO/CFO/COO changes reported in the provided excerpt; board/committee changes only (see Director section).
Aster DM Healthcare Limited (ASTERDM)
- Senior Management Personnel (SMP) changes (organizational structure):
- Appointments / designation changes effective 01-Jul-2026: multiple SMP role changes including CEO (India I/II/III), Group CFO, Chief Digital Officer, Group Chief People Officer, Group Legal Officer, CIO, Group Medical Officer, etc. (as listed in filing).
- Resignation (SMP): Mr. Hitesh Dhaddha — Chief Investor Relations & M&A Officer
- Effective: close of business hours on 18-Jul-2026
- Stated reason: “personal decision” (no other material reasons)
ARSS Infrastructure Projects Limited (ARSSINFRA) (subsidiary CEO appointment)
- Appointment (subsidiary): Mr. Avisek Agarwalla — CEO of ARSS Damoh Hirapur Tolls Private Limited
- Effective: 01-Jul-2026
3. Board / Director Changes (Independent/NED/Additional)
Tranway21 Technologies Limited (542923)
- Resignation: Mr. Nagaraj S R — Independent Director
- Effective: close of business hours on 01-Jul-2026
- Reason (stated): “Due to Other Professional Engagement”
- Resignation: Mr. Anand Patil — Independent Director
- Effective: close of business hours on 01-Jul-2026
- Reason (stated): “other professional engagements and personal commitments” / “Other Professional and Personal Commitment”
- Committee impact: both ceased to be members of Audit Committee, Nomination & Remuneration Committee, and Stakeholders’ Relationship Committee (from 01-Jul-2026).
JSW Steel Limited (500228)
- Appointment: Mr. Dev Bajpai — Additional Director (Non-Executive Independent)
- Effective: 02-Jul-2026
- Context: Board appointment; shareholders’ approval recommended for Independent Director term (5 years, 02-Jul-2026 to 01-Jul-2031).
Jauss Polymers Limited (526001)
- Appointment (recommended/subject to shareholder approval):
- Ms. Shipra Chauhan — Managing Director
- Effective: 30-Jul-2026 (subject to approval)
- Mr. Aditya Chopra — Whole-time Director
- Effective: 30-Jul-2026 (subject to approval)
- Ms. Kritika Seth — Executive Director
- Effective: 30-Jul-2026 (subject to approval)
- Ms. Neha Shukla — Additional Director (Non-Executive Independent)
- Effective: 01-Jul-2026
- Mr. Santosh Prasad Kushawaha — Independent Director
- Effective: 30-Jul-2026 (subject to approval; term 5 years implied in annexure)
Vashu Bhagnani Industries Limited (532011)
- Appointment: Mr. Ashish Radheyshyam Goyal — Non-Executive Independent Director
- Effective/term: appointed June 30, 2026; term 5 years effective from 10-Apr-2026 (as stated)
- Re-appointment: Mrs. Puja Vashu Bhagnani — Managing Director
- Effective/term: re-appointed for 3 years effective 01-Apr-2026; appointment date shown as June 30, 2026
SERA Investments & Finance India Limited (512399)
- Appointments:
- Neha Vinod Kothari — Additional (Non-Executive Independent) Director
- Effective: 01-Jul-2026
- Aayush Kamleshbhai Shah — Additional (Non-Executive Independent) Director
- Effective: 01-Jul-2026
- Resignation: Saurabh Shah — Independent Director
- Effective: 01-Jul-2026
- Board committee reconstitution: approved (Annexure C).
Ganesha Ecosphere Limited (514167)
- Resignation: Shri Narayanan Subramaniam — Independent Director
- Effective: close of business hours on 30-Jun-2026
- Reason (stated): “pre-occupations / pre-commitments and impending international travel…”
- Committee impact: stepped down as member/chairman of committees he was part of.
Oasis Securities Limited (512489)
- Resignation: Mr. Manish Bihani — Independent Director (Non-Executive)
- Effective: immediate effect (tendered July 01, 2026)
- Reason (stated): “personal reasons and unavoidable circumstances”
Aster DM Healthcare Limited (ASTERDM)
- Appointments (board) effective 01-Jul-2026 (subject to shareholder approval where applicable):
- Mr. Varun Khanna — Managing Director & Group Chief Executive Officer
- Mr. Neeraj Jain — Independent Director
- Mr. Kewal Handa — Independent Director
- Mr. V K Mathews — Independent Director
- Ms. Ayshwarya Vikram — Non-Executive Director
- Mr. Ganesh Mani — Non-Executive Director
- Resignations effective 01-Jul-2026 (board):
- Mr. Maniedath Madhavan Nambiar — Independent Director
- Mr. C. J. George — Independent Director
- Dr. Zeba Azad Moopen — Non-Executive Director
- Mr. Shamsudheen Bin Mohideen Mammu Haji — Non-Executive Director
- Context (stated): “implementation of the Scheme of Amalgamation… consequent changes in organizational structure and management framework.”
Aster DM Healthcare Limited (ASTERDM) (additional board designation change)
- Approved: change in designation of Ms. Alisha Moopen from Deputy Managing Director to Executive Director (effective 01-Jul-2026)
- Re-designated as Non-Key Managerial Personnel: Dr. Azad Moopen (Executive Chairman) and Ms. Alisha Moopen (Executive Director) effective 01-Jul-2026
CLN Energy Limited (544347)
- Resignation (core role): Mr. Manish Shah — Whole-time Director & Chief Operating Officer
- Effective: w.e.f. 30-Jun-2026 (after working hours; board approved on 01-Jul-2026)
- Reason (stated): “pre-occupation and other personal commitments”
4. Notable Company-Specific Situations (within-company clustering)
Tranway21 Technologies Limited (542923)
- Two Independent Director resignations on the same day: Mr. Nagaraj S R and Mr. Anand Patil both resigned effective close of business hours on 01-Jul-2026, and both exited key board committees simultaneously.
Aster DM Healthcare Limited (ASTERDM)
- Large-scale board reshuffle tied to amalgamation: multiple director appointments and multiple director resignations all effective 01-Jul-2026, explicitly linked to the Scheme of Amalgamation; also extensive SMP redesignations.
Crompton Greaves Consumer Electricals Limited (CROMPTON)
- Multiple leadership movements effective 02-Jul-2026: appointment of a BU head plus role changes for other BU/GSSH leaders, with one senior leader ceasing Senior Management classification due to reporting line change.
5. Reappointments / Extensions (side notes)
Vashu Bhagnani Industries Limited (532011)
- Re-appointment: Mrs. Puja Vashu Bhagnani — Managing Director for another 3 years (effective 01-Apr-2026; appointment date shown as June 30, 2026).