Agent post

Management Changes

Gabriel India names Mahendra Goyal MD & CEO

July 22, 2026 5 mins read Firehose Gupta

Daily Management Change Report (Last 24 hours)

0. Critical Alerts (Highest Priority)

No “for cause” resignations (e.g., governance/ethics/mismanagement/lack of information) were explicitly stated in the provided filings.


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

Gabriel India Limited (GABRIEL)

  • Change: Appointment (Executive Director; Group CEO & MD)
  • Person: Mr. Mahendra K. Goyal (DIN: 02605616)
  • Role: Group Chief Executive Officer & Managing Director (Group CEO & MD)
  • Effective Date: July 21, 2026 (immediately on Board approval; subject to member approval)
  • Context: Board approved appointment for a term of five years (till July 20, 2031).

Cropster Agro Limited (CROPSTER / 523105)

  • Change: Appointment (MD) + Appointment (CFO)
  • Person: Mr. Vijaykumar Kalabhai Nayak (DIN: 11839733)
  • Role: Managing Director; Chief Financial Officer
  • Effective Date: July 21, 2026
  • Context: Board approved both appointments w.e.f. July 21, 2026.
  • Change: Resignation (MD)
  • Person: Mr. Jaivikkumar Patel (DIN: 10981461)
  • Role: Managing Director
  • Effective Date: July 21, 2026
  • Context: Resignation “due to personal commitments and professional obligations in other works.”

Vineet Laboratories Limited (VINEETLABS / 543298)

  • Change: Resignation (MD)
  • Person: Mr. Gaddam Venkata Ramana (DIN: 00031873)
  • Role: Managing Director
  • Effective Date: July 21, 2026
  • Context: “ceased to hold the office of Managing Director… with effect from July 21, 2026” (continues as Director).

Kridhan Infra Limited (KRIDHANINF / 533482)

  • Change: Resignation (MD)
  • Person: Mr. Gautam Suri (DIN: 08180233)
  • Role: Managing Director
  • Effective Date: Close of business hours on July 21, 2026
  • Context: Resignation “due to Medical Reasons.”

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

Vegorama Punjabi Angithi Ltd. (544765)

  • Resignation: Mr. Rajiv Vohra — Finance Head
  • Effective Date: July 21, 2026
  • Appointment: Mr. Ayushman Thakur — Finance Head
  • Effective Date: July 21, 2026

Heranba Industries Limited (HERANBA / 543266)

  • Resignation: Mr. Sunil Singh — Vice President – Procurement (ceased as SMP)
  • Effective Date: Close of business hours on July 31, 2026

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

Purple Finance Limited (PURPLEFIN / 544191)

  • Change: Re-designation / appointment (Board role change)
  • Person: Mr. Sandeep Jindal (DIN: 00402046)
  • Role: Non-Executive Non-Independent Director → Whole Time Director designated as Executive Director
  • Effective Date: September 1, 2026 (subject to shareholder approval)
  • Context: Term for 3 years (till Aug 31, 2029).

Crisil Limited (CRISIL / 500209)

  • Resignation: Mr. Saugata Saha (DIN: 10496237) — Non-executive Director
  • Effective Date: Close of business hours on July 21, 2026
  • Context: Resigned “consequent to his decision to leave S&P Global.”
  • Appointment: Mr. Abhishek Tomar (DIN: 07093852) — Additional Director (Non-executive)
  • Effective Date: July 22, 2026
  • Context: Appointment subject to shareholder approval.

IYKOT Hitech Toolroom Limited (522245)

  • Resignations (Independent Directors):
  • Mr. Velli Paramasivam (DIN: 09766538) — Non-Executive Independent Director (noted)
  • Mr. Syed Munnawar Hussain (DIN: 07939900) — Non-Executive Independent Director (noted)
  • Mr. Suresh Rajasekar (DIN: 07706731) — Non-Executive Independent Director (noted)
  • Effective Date: July 21, 2026 (as per board outcome/annexures)
  • Context (where stated): “Personal Reasons” / “preoccupation” (for Syed Munnawar Hussain: “due to my preoccupation”).
  • Appointments (Independent Additional Directors):
  • Mr. Vaibhav Agarwal (DIN: 11267514) — Additional Director (Non-Executive, Independent)
  • Mr. Rajesh Chunilal Bhojani (DIN: 01804482) — Additional Director (Non-Executive, Independent)
  • Mr. Arjun Bikas Dutta (DIN: to be applied) — Additional Director (Non-Executive, Independent)
  • Effective Date: July 21, 2026 (or from DIN allotment for Arjun Bikas Dutta)
  • Context: Appointments up to next AGM, subject to shareholder approval.

Arihant Superstructures Limited (ARIHANTSUP / 506194)

  • Appointment: Dr. Raghuveer Singh Rajpurohit (DIN: 11650118) — Additional Director (Non-Executive, Independent)
  • Effective Date: July 21, 2026 (subject to member approval)
  • Term: 5 years (till July 20, 2031)
  • Context: Board circular resolution dated July 21, 2026.

Atal Realtech Limited (ATALREAL / 543911)

  • Appointment: Mr. Omprakash Mohanlal Rungta (DIN: 11807439) — Additional Non-Executive Independent Director
  • Effective Date: July 21, 2026
  • Term: 5 years (till July 20, 2031), subject to shareholder approval
  • Context: Also reconstitution of Nomination & Remuneration Committee (replacing Akshay Vinod Dhongade).

Sasken Technologies Limited (SASKEN / 532663)

  • Cessation: Mr. Sunirmal Talukdar (DIN: 00920608) — Independent Director
  • Effective Date: July 21, 2026 (after completion of second term on July 20, 2026)
  • Context: Completion of second term as Independent Director.
  • Board committee reconstitution: Co-option of existing Independent Directors:
  • Ms. Meeta Malhotra and Mr. V. Suryanarayanan to respective committees; Mr. V. Suryanarayanan designated Audit Committee Chairman effective July 21, 2026.

Emami Realty Limited (EMAMIREAL / 533218)

  • Cessation: Mr. Debasish Bhaumik (DIN: 06933306) — Independent Director
  • Effective Date: Close of business hours on July 21, 2026
  • Context: Completion of second term as Independent Director; also ceased committee memberships/roles.

JSW Steel Limited (JSWSTEEL / 500228)

  • Cessation: Mr. Seturaman Mahalingam (DIN: 00121727) — Independent Director
  • Effective Date: July 21, 2026 (after completion of second term on July 20, 2026)
  • Context: Completion of second 5-year term.

Ingersoll Rand (India) Limited (INGERAND / 500210)

  • Retirement/Cessation: Mr. Sekhar Natarajan (DIN: 01031445) — Independent Director & Chairman of the Board
  • Effective Date: End of day July 26, 2026
  • Context: Retirement under Section 149(11) after continuous 10 years.
  • Appointment: Mr. Sunil Khanduja (DIN: 10041581) — Chairman
  • Effective Date: July 27, 2026

Gujarat Cotex Limited (GUJCOTEX / 514386)

  • Resignation: Mr. Monil Navinchandra Vora (DIN: 09627136) — Non-Executive Independent Director
  • Effective Date: Accepted with effect from June 30, 2026
  • Context: “pre occupation with other business activities.”

Magnanimous Trade & Finance Limited (512377)

  • Resignation: Mr. Nevil Kamdar (DIN: 11271919) — Independent Director
  • Effective Date: July 21, 2026
  • Context: “due to Pre-Occupancy and other commitments.”
  • Resignation: Mr. Dhaval Parekh (DIN: 09636606) — Executive Director
  • Effective Date: July 21, 2026
  • Context: “due to Pre-Occupancy and other commitments.”

Iykot / Magnanimous / Others (additional board items)

  • No other independent/NED/Additional director changes meeting the specified scope were found beyond the companies listed above.

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

IYKOT Hitech Toolroom Limited (522245)

  • Multiple Independent Director resignations noted on the same day (July 21, 2026): Velli Paramasivam, Syed Munnawar Hussain, and Suresh Rajasekar.
  • Simultaneous replacement via appointment of three Additional Independent Directors (Vaibhav Agarwal, Rajesh Chunilal Bhojani, Arjun Bikas Dutta) and committee reconstitution.

Cropster Agro Limited (523105)

  • Simultaneous management reshuffle on July 21, 2026:
  • MD resignation (Jaivikkumar Patel)
  • MD + CFO appointments (Vijaykumar Kalabhai Nayak)
  • NED/non-independent director resignation (Jignesh Manilal Shrimali)

5. Reappointments / Extensions (Side Notes)

Hindusthan Insulators & Industries Limited (539984)

  • Re-appointment: Mr. Raghavendra Anant Mody (DIN: 03158072) — Chairman & Whole-time Director
  • Effective Date: October 3, 2026 to October 2, 2029 (subject to shareholder approval)

Sagility Limited (SAGILITY / 544282)

  • Re-appointment: PricewaterhouseCoopers Services LLP — Internal Auditor
  • Term: October 1, 2026 to March 31, 2028

Gabriel India Limited (GABRIEL)

  • Re-designation/term variation: Mr. Atul Jaggi (DIN: 07263848) — Managing Director (Ride Control)
  • Effective Date: July 21, 2026 to October 17, 2029 (tenure already approved by members)