Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (Highest Priority)
No “for cause” resignations/removals were stated in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Jindal Steel Limited (JINDALSTEL)
- Change: Resignation (CEO)
- Person: Mr. Gautam Malhotra
- Role: Chief Executive Officer
- Effective Date: Close of business hours on July 15, 2026
- Context: Filing states he “will no longer be in the services of the Company” and the resignation letter cites “personal commitments.”
Sandu Pharmaceuticals Limited (SANDU)
- Change: Appointment / Redesignation (Chairman & MD)
- Person: Shri Balram Viswanathan (DIN: 10245195)
- Role: Chairman and Managing Director (redesignated from Chairman & Non-Executive Independent Director)
- Effective Date: July 11, 2026 (term: 3 years, subject to shareholder approval)
- Context: Redesignation approved by Board; subject to approval of Members.
Impera Worldwide Limited (514177)
- Change: Appointment
- Person: Mr. Avinash Yadav (DIN: 11734727)
- Role: Additional Director designated as Managing Director
- Effective Date: July 11, 2026 (term: 5 years, subject to shareholder approval)
- Context: Board approved based on recommendation of Nomination & Remuneration Committee.
2. Executive Management Changes (below CEO/CFO/COO)
Likhitha Infrastructure Limited (LIKHITHA)
- Resignation: Mrs. Pallavi Yerragonda
- Role: Company Secretary & Compliance Officer (KMP)
- Effective Date: Close of business hours on July 11, 2026
- Context: Resignation tendered; reason stated as “to pursue other career opportunities.”
Avenue Supermarts Limited (DMART)
- Appointment: Mr. Lalit Ahuja
- Role: Chief Operating Officer (Senior Management Personnel)
- Effective Date: July 13, 2026
- Context: Board appointment approved.
- Re-appointment: Mr. Bhaskaran N
- Role: Whole-time Director designated as Chief Operating Officer
- Effective Date: Re-appointed from Oct 17, 2026 to May 31, 2028 (subject to shareholder approval)
- Designation change (role): Mr. Parvez Vandrewala
- Role: Chief Operating Officer → Head – Centre of Excellence
- Effective Date: Nov 1, 2026 (continues as Senior Managerial Personnel)
Urban Company Limited (URBANCO)
- Resignation: Ms. Neha Mathur
- Role: Chief Human Resource Officer (Senior Management Personnel)
- Effective Date: Relieved w.e.f. close of business hours on Aug 31, 2026
- Context: Resignation due to “personal reasons.”
3. Board / Director Changes (Independent/NED/Additional)
Pudumjee Paper Products Limited (PDMJEPAPER / 539785)
- Appointment: Mr. Anil Shankarlal Mittal (DIN: 00040337)
- Role: Non-Executive Independent Director
- Effective Date / Term: w.e.f. May 22, 2026 to May 21, 2031 (5 years)
- Context: Approved by shareholders via postal ballot.
Indo Amines Limited (INDOAMIN / 524648)
- Appointment: Mr. Rahul Chitnis (DIN: 06634770)
- Role: Additional (Independent) Director
- Effective Date / Term: July 15, 2026 to July 14, 2027 (1 year; subject to shareholder approval)
- Context: Board circular resolution.
Avantel Limited (AVANTEL / 532406)
- Re-appointment: Mr. Abburi Siddhartha Sagar (DIN: 02312563)
- Role: Executive Director (Strategy & Business Development)
- Effective Date / Term: Mar 8, 2027 to Mar 7, 2032 (5 years; subject to postal ballot approval)
- Appointment: Mr. Peddi Bala Bhaskar Rao (DIN: 10338290)
- Role: Additional Director designated as Director (Operations)
- Effective Date / Term: July 11, 2026 to July 10, 2029 (3 years; subject to postal ballot approval)
- Re-appointment: Mr. Vyasabhattu Ramchander (DIN: 03400005)
- Role: Independent Director
- Effective Date / Term: May 6, 2027 to May 5, 2032 (5 years; subject to special resolution via postal ballot)
Tirupati Starch & Chemicals Limited (TIRUSTA / 524582)
- Appointment (recommended for regularization): Mr. Vipul Jajodia (DIN: 02994593)
- Role: Non-Executive Independent Director
- Effective Date / Term: w.e.f. May 15, 2026 to May 14, 2031 (5 years)
- Appointment (recommended): Mr. Ankush Agrawal (DIN: 05271524)
- Role: Non-Executive Independent Director
- Effective Date / Term: w.e.f. Aug 14, 2026 to Aug 13, 2031 (5 years)
- Appointment (recommended): Mrs. Lata Garg (DIN: to be applied)
- Role: Non-Executive Independent Director
- Effective Date / Term: w.e.f. Oct 1, 2026 to Sep 30, 2031 (5 years; subject to DIN/IICA process)
Sandu Pharmaceuticals Limited (SANDU)
- Appointment: Dr. Neeti Madan Kapre (DIN: 06801264)
- Role: Additional Non-Executive Independent Director
- Effective Date / Term: July 11, 2026 to July 10, 2031 (5 years; subject to shareholder approval)
- Context: Board approved appointment.
4. Notable Company-Specific Situations
Sandu Pharmaceuticals Limited (SANDU)
- Multiple governance/leadership actions in one filing: Board took note of demise of MD Umesh B. Sandu (passed away June 19, 2026) and simultaneously:
- appointed Dr. Neeti Madan Kapre as Independent Director, and
- redesignated Balram Viswanathan to Chairman & Managing Director (effective July 11, 2026).
5. Reappointments / Extensions (Side Notes)
Avenue Supermarts Limited (DMART)
- Re-appointment: Mr. Bhaskaran N as Whole-time Director designated as COO (Oct 17, 2026–May 31, 2028; subject to shareholder approval).
Avantel Limited (AVANTEL)
- Re-appointment: Mr. Abburi Siddhartha Sagar as Executive Director (Strategy & Business Development) (Mar 8, 2027–Mar 7, 2032; subject to postal ballot).
- Re-appointment: Mr. Vyasabhattu Ramchander as Independent Director (May 6, 2027–May 5, 2032; subject to special resolution via postal ballot).