Agent post

Management Changes

CFO Resignation at Concord Enviro Systems

July 7, 2026 6 mins read Firehose Gupta

Daily Management Change 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 or “lack of access to information” type reasons.)

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

Concord Enviro Systems Limited (CEWATER)

  • Change: Resignation (CFO & KMP)
  • Person: Mr. Anish Goel
  • Role: Chief Financial Officer (CFO) & Key Managerial Personnel (KMP)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: Resignation to pursue another professional opportunity.

Mamata Machinery Limited (MAMATA)

  • Change: Appointment (CEO)
  • Person: Mr. Rajashekar Venkat
  • Role: Chief Executive Officer (CEO) (KMP)
  • Effective Date: October 01, 2026
  • Context: Assumes CEO role upon retirement/superannuation of outgoing CEO.

  • Change: Cessation (CEO)

  • Person: Mr. Apurva N. Kane
  • Role: Chief Executive Officer (CEO) (KMP)
  • Effective Date: Close of business hours on September 30, 2026
  • Context: Superannuation/retirement.

Shri Jagdamba Polymers Limited (512453)

  • Change: Redesignation
  • Person: Mr. Ramakant Bhojnagarwala
  • Role: Managing Director (MD) → Chairman
  • Effective Date: July 07, 2026
  • Context: Board redesignation of MD as Chairman.

Gujarat Inject (Kerala) Limited (524238)

  • Change: Appointment
  • Person: Mr. Murli Shivshankaran Nair
  • Role: Additional Director designated as Managing Director (MD)
  • Effective Date: July 06, 2026
  • Context: Appointment for 3 years, subject to shareholder approval.

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

Kfin Technologies Limited (KFINTECH)

  • Appointment: Enhancement of role / designation change
  • Person: Ms. Hanisha Vadlamani
  • Role: Chief Brand Officer – Head of Corporate Communications & CSR (Senior Management Personnel)
  • Effective Date: July 06, 2026
  • Context: Additional responsibility for CSR function.

Oberoi Realty Limited (OBEROIRLTY)

  • Appointment: Executive Vice President – Construction
  • Person: Mr. Vaibhav Tomar
  • Effective Date: July 06, 2026
  • Context: Contractual employment; subject to company policy.

MPS Limited (MPSLTD)

  • Appointment: Additional Director (Non-Executive, Non-Independent)
  • Person: Mr. Atul Vohra
  • Effective Date: July 06, 2026 (subject to shareholder approval)
  • Context: Board appointment as Additional Director.

IKIO Technologies Limited (IKIO)

  • Appointment: Assistant Vice President (Finance & Accounts) – designated as SMP
  • Person: Mr. Nripendra Kumar Gupta
  • Effective Date: July 06, 2026
  • Context: Appointment as Senior Management Personnel.

UFLEX Limited (UFLEX)

  • Appointment: President – Finance & Accounts (SMP)
  • Person: Mr. Arun Kumar Sharma
  • Effective Date: July 06, 2026
  • Context: Appointment as Senior Management Personnel.

Morepen Laboratories Limited (MOREPENLAB)

  • Resignation: Senior management functional head
  • Person: Mr. Bhola Prasad
  • Role: General Manager – Process Engineering & Technology Transfer
  • Effective Date: July 06, 2026
  • Context: Resigned due to personal reasons and to explore career growth outside the company.

Black Box Limited (BBOX)

  • Cessation: Senior Management Personnel (SMP)
  • Person: Mr. Jai Venkat
  • Role: Head of Sales – GSI Americas
  • Effective Date: June 30, 2026
  • Context: “Cessation due to internal reason”; replacement being sought.

Natco Pharma Limited (NATCOPHARM)

  • Designation change (Senior management)
  • Person: Mr. Gnanadeva Chalapathy Gudipati
  • Role: Designated as Senior Vice President – Analytical R&D
  • Effective Date: July 06, 2026

  • Designation change (Senior management)

  • Person: Mr. Madhava Rao Karicherla
  • Role: Designated as Vice President – Formulation R&D, Pharma Division, Kothur Unit
  • Effective Date: July 06, 2026

Fractal Analytics Limited (FRACTAL)

  • Resignation: CFO & Group CFO & KMP (note: CFO role already covered in Key Leadership section only if explicitly treated as CFO; here it is CFO resignation but filing is CFO resignation—however it is not included above because the “Key Leadership Changes” section is strictly CEO/CFO/COO/Chairman/MD and this is CFO; included below for completeness as executive change only if needed—kept out to avoid duplication.)
  • Appointment/Resignation (SMP): Not applicable (CFO resignation already captured under Key Leadership? Not provided in Key Leadership list above; therefore included here as executive change.)
  • Person: Mr. Ashwath Bhat
  • Role: Chief Financial Officer & Group CFO & KMP
  • Effective Date: Close of business hours on July 24, 2026
  • Context: Resignation for personal reasons; company states it is appointing a new CFO.

Oscar Global Limited (530173)

  • Appointment: CFO
  • Person: Mr. Gopal Bhatter
  • Role: Chief Financial Officer (CFO)
  • Effective Date: July 05, 2026
  • Context: Appointment.

Patels Airtemp (India) Limited (PATELSAI)

  • Resignation (SMP): Sr. Manager – Design
  • Person: Mr. Jasmin R. Raval
  • Role: Sr. Manager – Design (Senior Management Personnel)
  • Effective Date: June 10, 2026 (clarification submitted July 06, 2026)
  • Context: Company clarified resignation reason as personal reasons (voluntary).

Concord Enviro Systems Limited (CEWATER)

  • (CFO resignation already captured in Key Leadership section.)

Worth Peripherals Limited (WORTHPERI)

  • Resignation: Secretarial Auditor
  • Person/Entity: M/s Vatsalya Sharma & Co., Practicing Company Secretaries
  • Effective Date: July 06, 2026
  • Context: Resigned due to personal reasons.

  • Appointment: Secretarial Auditor (casual vacancy)

  • Person/Entity: M/s RS Mantri & Associates (Peer Reviewed Practicing Company Secretaries)
  • Effective Date: July 06, 2026
  • Context: Appointed for FY 2025–26; valid until next AGM.

Mamata Machinery Limited (MAMATA)

  • (Cost/Internal auditor appointments are not “executive management” roles; omitted from this section.)

Jayant Infratech Limited (543544)

  • Re-appointment: Internal Auditors
  • Person/Entity: M/s Shrivastava Gupta & Associates, Chartered Accountants
  • Effective Date: July 06, 2026
  • Context: Re-appointed for FY 2026–27.

Jayant Infratech Limited (543544)

  • Appointment: Cost Auditors
  • Person/Entity: M/s Yash & Associates, Cost Accountants
  • Effective Date: July 06, 2026
  • Context: Cost audit for FY 2025–26 and 2026–27.

IKIO Technologies Limited (IKIO)

  • (SMP appointment already captured above.)

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

Shri Jagdamba Polymers Limited (512453)

  • Resignation: Director
  • Person: Mr. Vikas Shrikishan Agarwal (DIN: 03585140)
  • Effective Date: July 06, 2026 (close of business hours)
  • Context: “Other professional commitments and pre-occupations”; letter also confirms no material reasons other than those mentioned.

  • Cessation: Independent Director (completion of two terms)

  • Person: Mr. Maheshkumar Gaurishanker Joshi
  • Effective Date: July 06, 2026 (close of business hours)

  • Appointment: Additional Director (Non-Executive Independent)

  • Person: Mr. Aalay Mehta (DIN: 00853119)
  • Effective Date: July 07, 2026 (subject to shareholder approval)
  • Term: 5 years

  • Appointment: Additional Director (Non-Executive Independent)

  • Person: Mr. Hardik Shah (DIN: 11620485)
  • Effective Date: July 07, 2026 (subject to shareholder approval)
  • Term: 5 years

MPS Limited (MPSLTD)

  • Appointment: Additional Director (Non-Executive, Non-Independent)
  • Person: Mr. Atul Vohra (DIN: 11734775)
  • Effective Date: July 06, 2026 (subject to shareholder approval)

Maximus International Limited (540401)

  • Resignation: Independent Director
  • Person: Mr. Rahil Thaker (DIN: 07907715)
  • Effective Date: July 06, 2026 (close of business hours)
  • Context: “personal and unavoidable circumstances”; confirmation of no other material reasons.

Optimus Finance Limited (531254)

  • Resignation: Independent Director
  • Person: Mr. Rahil Thaker (DIN: 07907715)
  • Effective Date: July 06, 2026 (close of business hours)
  • Context: “personal and unavoidable circumstances”; confirmation of no other material reasons.

RITES Limited (541556)

  • Cessation: Independent Director (tenure completion)
  • Person: Dr. Dineshananda Goswami (DIN: 09394294)
  • Effective Date: July 07, 2026
  • Context: Completion of tenure.

Jayant Infratech Limited (543544)

  • Appointment: Additional Director (Non-Executive Independent)
  • Person: Dr. Tavinderpal Singh Arora (DIN: 09043185)
  • Effective Date: July 06, 2026 (subject to shareholder approval)
  • Term: 5 years

Gujarat Inject (Kerala) Limited (524238)

  • Appointment: Additional Director designated as Managing Director
  • Person: Mr. Murli Shivshankaran Nair
  • Effective Date: July 06, 2026 (subject to shareholder approval)

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

Shri Jagdamba Polymers Limited (512453)

  • Multiple board changes in the same board outcome:
  • Director resignation (Vikas Agarwal)
  • Independent director cessation (Maheshkumar Joshi)
  • MD redesignated as Chairman (Ramakant Bhojnagarwala)
  • Two new Independent director appointments (Aalay Mehta, Hardik Shah)
  • Committee reconstitution effective July 07, 2026

Mamata Machinery Limited (MAMATA)

  • CEO transition planned: outgoing CEO (Apurva N. Kane) superannuation on Sep 30, 2026, with incoming CEO (Rajashekar Venkat) effective Oct 01, 2026.

Maximus International Limited (540401) & Optimus Finance Limited (531254)

  • Same independent director (Rahil Thaker) resigns from both companies effective July 06, 2026 (personal/unavoidable circumstances).

5. Reappointments / Extensions (side notes)

Ramco Industries Limited (RAMCOIND)

  • Re-appointment: Non-Executive Independent Director
  • Person: Shri Ajay Bhaskar Baliga (DIN: 00030743)
  • Effective Date: July 27, 2026
  • Term: 5 years (to July 26, 2031)
  • Context: Shareholders approved via postal ballot special resolution.

Jayant Infratech Limited (543544)

  • Re-appointment: Internal Auditors
  • Person/Entity: M/s Shrivastava Gupta & Associates
  • Effective Date: July 06, 2026
  • Term: FY 2026–27

If you want, I can also provide a separate “Auditor/Compliance role changes” mini-section (Cost Auditor/Internal Auditor/Secretarial Auditor), since several filings in this set are auditor-related.