Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (Resignation “for cause”)
- None identified in the provided filings.
(All independent director resignations cited “personal reasons / pre-occupation / other commitments” without governance/ethics/mismanagement allegations.)
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)
UCAL LIMITED (UCAL)
- Change: Re-appointment
- Person: Mr. Jayakar Krishnamurthy (DIN: 00018987)
- Role: Managing Director (Designated as Chairman & Managing Director)
- Effective Date: 01 Sep 2026
- Context: Re-appointed for 5 years (subject to shareholder approval).
Shah Foods Limited (519031)
- Change: Appointment
- Person: Mr. Anuj Jalan (DIN: 02525506)
- Role: Chairman & Additional Managing Director
- Effective Date: 08 Jul 2026 (term 3 years, subject to shareholder approval)
- Context: Post completion of open offer; new promoters inducted.
Fortis Healthcare Limited (FORTIS)
- Change: Re-appointment
- Person: Dr. Ashutosh Raghuvanshi
- Role: Managing Director & CEO
- Effective Date: 19 Mar 2027
- Context: Re-appointed for 2 years (subject to shareholder approval).
Shraddha Prime Projects Ltd (531771)
- Change: Re-appointment
- Person: Mr. Sudhir Mehta (DIN: 02215452)
- Role: Managing Director
- Effective Date: 07 Aug 2026
- Context: Re-appointed for 5 years (approved via postal ballot).
Magnus Steel and Infra Limited (517320)
- Change: Resignation (MD)
- Person: Mr. Chinmay Pradhan (DIN: 10753724)
- Role: Managing Director
- Effective Date: 08 Jul 2026 (after close of business hours)
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Context: Resigned due to increased professional and personal commitments.
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Change: Appointment / Designation change
- Person: Mr. Karronn Bajaj (DIN: 09375579)
- Role: Managing Director (changed from Director)
- Effective Date: 08 Jul 2026 (subject to member approval)
- Context: Board approved change in designation to MD.
2. Executive Management Changes (senior executives below CEO/CFO/COO)
Punjab National Bank (PNB)
- Appointment: Shri Uttam Kumar — General Manager (CISO) and Head – Cyber Info Office (as per filing)
- Effective Date: 08 Jul 2026
- Context: “Change in Senior Management” (CISO role).
Welspun Enterprises Limited (WELENT / 532553)
- Appointment / Role expansion: Mr. Sandeep Garg — Managing Director to assume interim leadership of Water vertical operations
- Effective Date: Immediate effect (08 Jul 2026)
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Context: Organizational realignment for Water vertical.
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Resignation: Mr. Hardik Dhebar — Head Finance & Investor Relations and CFO (WMEL)
- Effective Date: Accepted 08 Jul 2026; relieved 14 Aug 2026 (close of business hours)
- Context: Transition linked to Water vertical realignment.
Diligent Media Corporation Limited (DNAMEDIA / 540789)
- Resignation: Ms. Kusum Lata — Chief Sub Editor–Team Lead (DNA Hindi)
- Effective Date: 05 Jun 2026 (end of working hours)
- Context: Resigned to pursue career outside the organization.
Canara Bank (CANBK / 532483)
- Appointment: Shri Sujit Kumar Sahoo — Interim Group Chief Compliance Officer (GCCO)
- Effective Date: 29 Jun 2026
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Context: Designated by order dated 08 Jul 2026.
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Resignation: Shri Mahesh M Pai — Chief General Manager, Digital Banking Wing
- Effective Date: Resignation received 08 Jul 2026; relieving sought 31 Jul 2026 (subject to competent authority approval)
- Context: “Pursue better prospects in the Banking Sector.”
Capri Global Capital Limited (CGCL / 531595)
- Appointment: Mr. Ignatius Kaitha — CHRO (designated as SMP)
- Effective Date: 08 Jul 2026
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Context: Board circular resolution.
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Appointment: Mr. Ateet Parikh — Chief Collection Officer (designated as SMP)
- Effective Date: 08 Jul 2026
- Context: Board circular resolution.
Omaxe Limited (OMAXE / 532880)
- Resignation: Mr. Shivaji Patil — Vice President–PMO
- Effective Date: Last working day: 08 Jul 2026
- Context: Resigned due to personal reasons.
Dharmaj Crop Guard Limited (DHARMAJ / 543687)
- Resignation: Mr. Bhupendra Varasada — Senior Managerial Personnel (Head of Operations unit)
- Effective Date: 08 Jul 2026
- Context: “Pursue a new career opportunity.”
3. Board / Director Changes (Independent/NED/Additional Directors)
Amalgamated Electricity Company Limited (AECL)
- Resignation: Mr. Krishnaprasad Ramanathan (DIN: 07209850)
- Role: Non-Executive Independent Director
- Effective Date: 08 Jul 2026
- Reason (stated): “personal reasons”.
AKI India Limited (542020)
- Resignation: Mr. Nandish Shaileshbhai Jani (DIN: 09565657)
- Role: Non-Executive Independent Director
- Effective Date: 07 Jul 2026
- Reason (stated): “personal reason” (and confirmation: no other material reasons).
Technichem Organics Limited (544327)
- Resignation: Ms. Jaina M. Mehta
- Role: Independent Director
- Effective Date: 07 Jul 2026
- Reason (stated): “pre-occupation elsewhere”.
Amir Chand Jagdish Kumar (Exports) Limited (AMIRCHAND / 544743)
- Re-appointment: Mr. Gauri Shankar (DIN: 06764026)
- Role: Independent Director (2nd term)
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Effective Date: 09 Jul 2026 to 08 Jul 2031 (subject to shareholder approval)
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Re-appointment: Ms. Rajni (DIN: 10650061)
- Role: Independent Director (2nd term)
- Effective Date: 27 Aug 2026 to 26 Aug 2031 (subject to shareholder approval)
Innovision Limited (INNOVISION / 544732)
- Re-appointment / Regularization: Mr. Aditya Jha (DIN: 01962674)
- Role: Non-Executive Independent Director
- Effective Date: Regularized at shareholders’ approval on 08 Jul 2026; term commenced 10 Apr 2026 (5 years)
Onesource Industries and Ventures Limited (530805)
- Appointments:
- Mr. Himanshu Suryakantbhai Soni (DIN: 11780618) — Additional Non-Executive Independent Director
- Ms. Shital Kishorbhai Fumakiya (DIN: 11789489) — Additional Non-Executive Independent Director
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Effective Date: 08 Jul 2026 (subject to shareholder approval)
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Resignations:
- Mr. Atul Chauhan (DIN: 00465990) — Independent Director
- Mr. Rahul Kumar Lalwani (DIN: 10768522) — Independent Director
- Effective Date: 08 Jul 2026
- Reason (stated): personal reasons / pre-occupation / professional commitments (no other material reasons confirmed).
UCAL LIMITED (UCAL)
- Re-appointments (Board):
- Mr. Ramachandran Sundar (DIN: 10831047) — Non-Executive Independent Director (2nd term)
- Effective: 13 Nov 2026 to 12 Nov 2031 (subject to shareholder approval)
- Mr. Abhaya Shankar (DIN: 00008378) — Non-Executive Non-Independent Director
- Effective: 14 Nov 2026 to 13 Nov 2028 (subject to shareholder approval)
Amalgamated Electricity Company Limited (AECL)
- (covered above under resignation)
Shah Foods Limited (519031)
- Appointments (subject to shareholder approval):
- Ms. Pragati Goel — Additional Independent NED (5 years)
- Mr. Shivam Gupta — Additional Independent NED (5 years)
- Mr. Giri Raj Prasar — Additional Independent NED (5 years)
- Mr. Daivik Jalan — Additional Non-Independent Non-Executive Director
- Mr. Rajkumar Jalan — Additional Executive Director
- Resignations (recorded; effective close of business hours on 09 Jul 2026):
- Ms. Hemakshi Manan Patel — Managing Director
- Mr. Rohitkumar Mehrchand Bhandari — Independent Director
- Mr. Balveermal Kewalmal Singhvi — Independent Director
- Mr. Advait Satyavikas Joshi — Independent Director
- Ms. Namrata Girish Vyas — Company Secretary (listed as resignation of CS)
Magnus Steel and Infra Limited (517320)
- Resignations:
- Mr. Prakash Salve — Additional Executive Director (effective close of business hours on 08 Jul 2026)
- Mrs. Aarti Singh — Non-Executive Independent Director (effective close of business hours on 08 Jul 2026)
- Reason (stated): personal commitments (no material reasons other than stated)
Thrive Future Habitats Limited (523120)
- Appointment: Ms. Shobha Joshi — Company Secretary & Compliance Officer
- Effective Date: 08 Jul 2026
MTNL (500108)
- Cessation:
- Shri Sunil Kumar Ranjan — Government Nominee Director (ceased 08 Jul 2026)
- Shri Alok Shukla — Government Nominee Director (ceased 08 Jul 2026)
- Appointment:
- Shri Shyamal Misra — Government Nominee Director (ex-officio)
- Shri K Balaji — Government Nominee Director (ex-officio)
- Effective Date: Immediate effect (08 Jul 2026)
Omaxe / Dharmaj / Capri / Diligent / Welspun / Others
- No board/director changes captured beyond the items listed above.
4. Notable Company-Specific Situations (within-company clustering)
Shah Foods Limited (519031)
- High clustering of exits/entries:
- Multiple director/MD/CS resignations recorded effective close of business hours on 09 Jul 2026 (MD + 3 Independent Directors + CS).
- Simultaneously, board approved new promoter-led appointments on 08 Jul 2026 (Chairman & Additional MD, Executive Director, Non-Executive director, and 3 Independent directors; plus CFO and CS appointment effective 08 Jul 2026).
- Stated context: “Consequent to the change in management” after completion of open offer.
Onesource Industries and Ventures Limited (530805)
- Simultaneous Independent director resignations: Atul Chauhan and Rahul Kumar Lalwani resigned 08 Jul 2026, alongside appointment of two new Independent directors effective the same date.
Magnus Steel and Infra Limited (517320)
- MD transition on same day: resignation of MD (Chinmay Pradhan) and designation change of Karronn Bajaj to MD, both effective 08 Jul 2026; plus other director resignations.
5. Reappointments / Extensions (side notes)
- Fortis Healthcare Limited: Dr. Ashutosh Raghuvanshi re-appointed MD/CEO for 2 years from 19 Mar 2027 (subject to shareholders).
- UCAL Limited:
- Jayakar Krishnamurthy MD/Chairman re-appointed for 5 years from 01 Sep 2026 (subject to shareholders).
- Ramachandran Sundar Independent director re-appointed for 5 years from 13 Nov 2026 (subject to shareholders).
- Abhaya Shankar Non-Executive Non-Independent director re-appointed for 2 years from 14 Nov 2026 (subject to shareholders).
- Shraddha Prime Projects: Sudhir Mehta MD re-appointed for 5 years (postal ballot approval).
- Amir Chand Jagdish Kumar (Exports): Independent director re-appointments for second terms (subject to shareholders).
If you want, I can also provide a one-page “changes table” (company × role × effective date) for faster internal scanning.
