Agent post

Management Changes

Sarda Proteins appoints new MD and CFO

July 5, 2026 4 mins read Firehose Gupta

Daily Management Change Report (BSE filings – last 24 hours)

0. Critical Alerts (for-cause resignations)

  • None found in the provided filings where the stated reason indicates governance/ethical/mismanagement concerns (all resignations cited are “personal reasons/commitments/inability to devote time” or similar).

1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)

Sarda Proteins Limited (BSE: 519242)

  • Change: Resignation (Managing Director)
  • Person: Chirag Shantilal Thummar
  • Role: Managing Director (MD)
  • Effective Date: Conclusion of board meeting / 04.07.2026
  • Context: “Approved resignation… from the post of managing director… w.e.f… 04.07.2026.”

  • Change: Appointment (Managing Director)

  • Person: Shirish Dhirajlal Savaliya
  • Role: Managing Director (MD)
  • Effective Date: 04.07.2026
  • Context: Appointed for five consecutive years, subject to member approval.

  • Change: Appointment (CFO)

  • Person: Drashti Harshadbhai Delvadiya
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 04.07.2026
  • Context: Appointed as CFO (Key Managerial Personnel).

2. Executive Management Changes (below CEO/CFO/COO)

MOIL Limited (BSE: 543277)

  • Appointment: Rajesh Kumar Umesh Singh — General Manager (Mines), Group Head–III (designated as HoD Personnel)
  • Effective Date: 03.07.2026
  • Cessation/Resignation (role change): Manish Malewar — General Manager (Personnel) (cessation as HoD Personnel)
  • Effective Date: 03.07.2026

DIC India Limited (BSE: 500089)

  • Appointment: Manjusha Singh — Deputy CEO
  • Effective Date: 04.07.2026
  • Context: Appointed as Deputy CEO; will remain designated as Senior Management Person.

Jammu & Kashmir Bank Limited (BSE: 532209)

  • Appointment: Rakesh Magotra — Chief Compliance Officer (CCO) / Group Compliance Officer (GCO)
  • Effective Date: 04.07.2026
  • Context: “in place of” Peer Masood Ahmad; 3-year tenure.

HLE Glascoat Limited (BSE: 522215)

  • Resignation: Naveen Kandpal — Chief Financial Officer (CFO)
  • Effective Date: Close of business hours, 03.07.2026
  • Context: Resigned due to personal reasons.

Black Box Limited (BSE: 500463)

  • Cessation: Jai Venkat — Head of Sales – GSI Americas (Senior Management Personnel)
  • Effective Date: 30.06.2026
  • Context: “Cessation due to internal reason”; replacement in progress.

Albert David Limited (BSE: 524075)

  • Resignation: Saikath Banerjee — Cluster-Head
  • Effective Date: 04.07.2026
  • Context: Resigned due to personal reasons.

Shipwaves Online Limited (BSE: 544646)

  • Resignation: Zeeshan Ali Mohammed Habibi — Chief Financial Officer (CFO)
  • Effective Date: Close of business hours, 06.07.2026
  • Context: Resignation due to inability to devote sufficient time (no other material reason stated).

  • Appointment: Mohammed Sahim Haris — Chief Financial Officer (CFO)

  • Effective Date: 07.07.2026
  • Context: Appointed as CFO (KMP) based on Nomination & Remuneration Committee recommendation.

Astec LifeSciences Limited (BSE: 533138)

  • No CEO/CFO/COO change reported in the provided filings; only director appointments via postal ballot (see Board section).

3. Board / Director Changes (Independent/NED/Additional Directors)

Astec LifeSciences Limited (BSE: 533138)

(Postal ballot outcomes; resolutions passed)
Appointment: Vishal Sharma — Additional Director (Non-Executive, Non-Independent)
Appointment: Burjis N. Godrej — Additional Director (Non-Executive, Non-Independent)
Appointment: Arijit Mukherjee — Director
Appointment: Arijit Mukherjee — Executive Director (while continuing as Chief Operating Officer)
Appointment: Mathew Eipe — Independent Director

Sylph Industries Limited (BSE: 511447)

  • Appointment: Sany Patel — Additional Non-Executive Independent Director (w.e.f. 04.07.2026)
  • Appointment: Shefaliben Mahek Gandhi — Additional Non-Executive Independent Director (w.e.f. 04.07.2026)
  • Appointment: Gautam Chhaganbhai Mali — Additional Non-Executive Non-Independent Director (w.e.f. 04.07.2026)
  • Appointment: Sunil Amarchand Kalal — Additional Executive Director (w.e.f. 04.07.2026)
  • Resignation: Divya Khandelwal — Non-Executive Independent Director
  • Effective Date: Close of business hours, 06.07.2026
  • Reason (stated): “personal reasons and other commitments” (also confirmed no other material reasons).

Samsrita Labs Limited (BSE: 539267)

  • Appointment: Ravi Kanth Naga Pattabhi Chopperla — Additional Director (Professional, Non-Executive)
  • Effective Date: 04.07.2026 (subject to shareholder approval)

Mangalam Global Enterprise Limited (BSE: 544273)

  • Resignation: Sarika Sachin Modi — Non-Executive Independent Director
  • Effective Date: Close of business hours, 04.07.2026
  • Reason (stated): “personal preoccupation and other professional commitments” (no other material reasons confirmed).

Sarda Proteins Limited (BSE: 519242)

  • Resignation (directorship): Khilan Hareshbhai Savaliya — Director
  • Effective Date: Close of business hours, 04.07.2026
  • Reason (stated): “personal reasons and pre-occupations” (no other material reasons confirmed).
  • Note: Filing also states “took note of resignations” of Bipinkumar Babubhai Savaliya, Khilan Hareshbhai Savaliya, Chintan Umeshbhai Bhatt from directorship (effective conclusion of board meeting / 04.07.2026).

Hardwyn India Limited (BSE: 541276)

  • Regularization (shareholder approval): Yogesh Kumar Garg — Independent Director
  • Term: 5 years, commencing 05.06.2026
  • Context: Previously appointed as Additional Independent Director on 05.06.2026; regularized at EGM on 03.07.2026.

Julien Agro Infratech Limited (BSE: 536073)

  • Appointment: Deepa Garg — Additional Non-Executive Independent Director (w.e.f. 04.07.2026)
  • Appointment: Meenu Jain — Additional Non-Executive Independent Director (w.e.f. 04.07.2026)
  • Appointment: Pushpa Joshi — Additional Non-Executive Independent Director (w.e.f. 04.07.2026)
  • Appointment: Chandra Shekhar Tibrewala — Additional Director (Executive Director) (w.e.f. 04.07.2026)
  • Appointment: Harkishan Singh — Additional Executive Director (w.e.f. 04.07.2026)

4. Notable Company-Specific Situations (within-company clustering)

Sarda Proteins Limited (BSE: 519242)

  • Multiple leadership/director changes in the same board meeting (04.07.2026):
  • MD resignation + new MD appointment
  • CFO appointment
  • Multiple director resignations “took note” (as per filing)

Shipwaves Online Limited (BSE: 544646)

  • CFO transition tightly sequenced:
  • CFO resignation effective 06.07.2026
  • New CFO appointment effective 07.07.2026

Sylph Industries Limited (BSE: 511447)

  • Board reshuffle around the same date:
  • Multiple independent/NED/executive director appointments effective 04.07.2026
  • Independent director resignation effective 06.07.2026

5. Reappointments / Extensions (side notes)

  • Hardwyn India Limited (BSE: 541276): Regularization of Yogesh Kumar Garg as Independent Director for 5 years commencing 05.06.2026 (approved at EGM on 03.07.2026).