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Management Changes

Just Dial names new CEO effective Aug 1, 2026

July 11, 2026 4 mins read Firehose Gupta

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

0. Critical Alerts (for-cause resignations)

  • None identified in the provided filings where the stated reason indicates governance/ethical/mismanagement concerns (all cited reasons are personal/other commitments, career change, or routine transitions).

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

Just Dial Limited (JUSTDIAL)

  • Change: Appointment (CEO)
  • Person: Mr. Dinkar Ayilavarapu
  • Role: Chief Executive Officer (designate) / CEO
  • Effective Date: Appointment w.e.f. July 10, 2026; to take over as CEO effective August 1, 2026
  • Context: Board approved appointment; V.S.S. Mani completes term as Managing Director & CEO on July 31, 2026.

Western Overseas Study Abroad Limited (—)

  • Change: Resignation (CFO)
  • Person: Mr. Jatin Kumar
  • Role: Chief Financial Officer (CFO) & KMP
  • Effective Date: July 10, 2026
  • Context: Resignation due to personal commitments; company states no other material reasons.

  • Change: Appointment (CFO)

  • Person: Ms. Ruchika Ohri
  • Role: Chief Financial Officer (CFO) & KMP
  • Effective Date: July 10, 2026
  • Context: Board appointment based on Nomination & Remuneration Committee recommendation.

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

MPS Limited (MPSL)

  • Resignation: Ms. Deepti Singh — Chief People Officer (Senior Management Personnel)
  • Effective Date: Resignation tendered; last working day 09 Oct 2026 (effective close of business hours on that date)
  • Reason (stated): Personal reasons

Brigade Enterprises Limited (BRIGADE)

  • Resignation: Mr. Saroj Kumar Pati — President – Construction (Senior Management Personnel)
  • Effective Date: Relieved from closing business hours of July 10, 2026
  • Reason (stated): Family obligations

Zee Media Corporation Limited (ZEEMEDIA)

  • Resignation: Mr. Mayank Agarwal — DVP – Finance & Accounts (Senior Management Personnel)
  • Effective Date: Close of business hours on July 10, 2026
  • Reason (stated): To pursue career opportunities outside the organization

KFin Technologies Limited (KFINTECH)

  • Resignation: Mr. Sunil Parchuri — Head – AIF – Global Operations (Senior Management Personnel)
  • Effective Date: July 10, 2026 (last working day/effective date)
  • Reason (stated): Pursuit of better opportunity

V-Guard Industries Limited (VGUARD)

  • Resignation: Mr. Venkateshwaran Sundaram — Vice President – HR & Admin (Senior Managerial Personnel)
  • Effective Date: July 10, 2026
  • Reason (stated): Personal reasons (resignation letter)

Leela Palaces Hotels & Resorts Limited (THELEELA)

  • Resignation: Ms. Isha Goyal — SVP & Head HR (designated SMP; wholly-owned subsidiary role)
  • Effective Date: Close of business hours on July 9, 2026
  • Reason (stated): Personal reasons

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

Hindustan Construction Company Limited (HCC)

  • Appointment: Mr. Nakul Pasricha — Additional (Non-Executive Independent) Director
  • Effective Date: July 10, 2026
  • Term: 5 years (not liable to retire by rotation)
  • Context: Board circular resolution; subject to shareholder approval in ensuing GM / within 3 months.

Sanmit Infra Limited (SANMIT)

  • Resignation: Mr. Ajay Nanik Chandwani — Independent Director (Non-Executive)
  • Effective Date: Close of business hours, June 13, 2026
  • Reason (stated): Advancing age and health related issue

Star Housing Finance Limited (STARHFL)

  • Re-appointment/Correction (Corrigendum): Mr. Abhaykumar J. Pal — Additional Non-Executive Independent Director
  • Effective Date (corrected): w.e.f. July 8, 2026 (corrigendum corrects prior mention of July 7)
  • Context: Appointment subject to shareholder approval; term 1 year.

Sagarsoft (India) Limited (SAGARSOFT)

  • Re-appointment: Smt. Keerthi Anantha — Non-Executive Independent Director
  • Effective Date: From November 10, 2026
  • Term: Second term of 5 years
  • Context: Approved by shareholders at AGM held July 10, 2026.

RateGain Travel Technologies Limited (RATEGAIN)

  • Re-appointment: Ms. Aditi Gupta — Non-Executive Independent Director
  • Effective Date: July 15, 2026 to July 14, 2031
  • Context: Board circular resolution; subject to shareholder approval.

NLC India Limited (NLCINDIA)

  • Appointment (Part-time Official Director): Shri. Gopal Singh — Part-time Official Director
  • Effective Date: w.e.f. July 10, 2026 (until further orders)
  • Context: Ministry of Coal nomination change; replaces Shri. Sanoj Kumar Jha as part-time official director.

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

Just Dial Limited (JUSTDIAL)

  • Clustered leadership transition:
  • CEO transition planned (V.S.S. Mani term ends July 31, 2026; Dinkar Ayilavarapu takes over Aug 1, 2026).
  • Non-executive director resignation (Dinesh Taluja) noted July 10, 2026, followed by CFO appointment July 11, 2026.

Sanmit Infra Limited (SANMIT)

  • Multiple governance changes in close proximity:
  • Independent director resignation effective June 13, 2026 (board took on record July 10).
  • Statutory auditor resignation also taken on record June 12, 2026, with new statutory auditor appointed for 5 years (board approved July 10).

5. Reappointments / Extensions (side notes)

Hitech Corporation Limited (HITECHCORP)

  • Re-appointment (MD): Mr. Malav Dani — Managing Director (term extension)
  • Effective Date: August 5, 2026
  • Term: 5 years (Aug 5, 2026 to Aug 4, 2031), not liable to retire by rotation
  • Also: Shareholders approved appointment of Mehli Golvala as Independent Non-Executive Director effective May 8, 2026.

Sagarsoft (India) Limited (SAGARSOFT)

  • Re-appointment (Independent Director): Smt. Keerthi Anantha — second term 5 years from Nov 10, 2026.

If you want, I can also provide a one-page tabular view (Company | Role | Change | Effective date | Reason) for faster internal scanning.