Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
No “for cause” resignations with governance/ethical/mismanagement-type reasons were found in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Oracle Financial Services Software Limited (OFSS)
- Change: Resignation (CEO/MD)
- Person: Mr. Makarand Padalkar (DIN: 02115514)
- Role: Managing Director & Chief Executive Officer
- Effective Date: end of day July 23, 2026
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Context: Resignation tendered; board accepted; he will continue temporarily for handover.
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Change: Appointment (CEO/MD)
- Person: Mr. Avadhut Ketkar (DIN: 02353654)
- Role: Managing Director & Chief Executive Officer
- Effective Date: July 24, 2026
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Context: Appointed as Additional Director in MD/CEO capacity for 3 years (subject to shareholder approval).
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Change: Appointment (CFO)
- Person: Mr. Manish Bhandari
- Role: Chief Financial Officer (Key Managerial Personnel)
- Effective Date: July 24, 2026
- Context: Board approved appointment (subject to standard KMP processes).
Geojit Financial Services Limited (GEOJITFSL)
- Change: Designation change (MD → Executive Chairman)
- Person: Mr. C J George (DIN: 00003132)
- Role: Executive Chairman (ceases MD)
- Effective Date: October 1, 2026
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Context: Succession plan; will continue as Executive Chairman.
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Change: Appointment (MD)
- Person: Mr. Jones George (DIN: 06674021)
- Role: Managing Director
- Effective Date: October 1, 2026
- Context: Appointed for 5 years (subject to shareholder approval).
Trio Mercantile & Trading Limited (534755)
- Change: Resignation (MD)
- Person: Mr. Deepak Ratilal Mehta (DIN: 00046696)
- Role: Managing Director / Executive Director
- Effective Date: July 22, 2026
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Context: Resignation approved by board.
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Change: Designation change (Chairman & MD)
- Person: Mr. Kaushik Jagannath Joshi (DIN: 00410595)
- Role: Chairman & Managing Director (Additional Director designated as CMD)
- Effective Date: July 22, 2026
- Context: Appointed for 3 years (subject to shareholder approval).
2. Executive Management Changes (below CEO/CFO/COO)
Lumax Auto Technologies Limited (LUMAXTECH)
- Appointment: Mr. Sunil Shantaram Koparkar
- Role: Designated as Senior Management Personnel (CEO – Intelligent Ambient Comfort (IAC) Division)
- Effective Date: July 22, 2026
- Context: Board circular resolution; designation as SMP.
Dr. Reddy’s Laboratories Limited (DRREDDY)
- Appointment: Dr. Sridevi Khambhampaty
- Role: Global Head of Biologics; Senior Management Personnel
- Effective Date: July 22, 2026
- Context: Induction as Member of Management Council.
Music Broadcast Limited (RADIOCITY)
- Appointment (designation/identification as SMP): Ms. Anurita Patel
- Role: Senior Management Personnel (National Programming)
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Effective Date: July 22, 2026
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Appointment (designation/identification as SMP): Ms. Milli Shah
- Role: Senior Management Personnel (Commercial and Administration)
- Effective Date: July 22, 2026
Bank of Baroda (BANKBARODA)
- Appointment: Mr. Shailendra H Singh
- Role: CGM, Marketing & HR Automation, BCC, Mumbai
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Effective Date: July 22, 2026 (date of orders)
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Appointment: Mr. Ashwini Kumar
- Role: CGM, HRM, BCC, Mumbai
- Effective Date: July 22, 2026 (date of orders)
R. S. Software (India) Limited (RSSOFTWARE)
- Appointment: M/s. Deoki Bijay & Co. (Registration No. 313105E)
- Role: Internal Auditor
- Effective Date: August 1, 2026 (for FY 2026-27)
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Context: Consequent to resignation of existing Internal Auditor.
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Resignation: M/s. Chaturvedi & Partners (Registration No. 307068E)
- Role: Internal Auditor
- Context: Resignation submitted (no further reason stated).
Jagatjit Industries Limited (507155)
- Resignation: Mr. Shashi Bhushan Singh
- Role: Director – HR (Senior Management Personnel)
- Effective Date: accepted w.e.f. July 21, 2026
- Context: Resignation to pursue career outside the Group.
Safecure Services Limited (544596)
- Resignation: Mr. Revati Raman Sharma
- Role: Chief Financial Officer (KMP)
- Effective Date: relieved close of business hours July 19, 2026
- Context: Resigned due to personal reasons / new professional opportunities.
Kretto Syscon Limited (531328)
- Resignation: Ms. Kapadia Kruti Kevin (DIN: 07746940)
- Role: Non-Executive Independent Director
- Effective Date: July 22, 2026
- Context: Personal reasons and other professional commitments (no material reasons beyond stated).
Music Broadcast Limited (RADIOCITY)
- (Covered above under SMP designations.)
3. Board / Director Changes (Independent/NED/Additional)
Gandhar Oil Refinery (India) Limited (GANDHAR)
- Appointment: Mr. Shyam Chandrabhan Agrawal (DIN not stated)
- Role: Additional (Non-Executive Independent) Director
- Effective Date: July 22, 2026
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Context: To fill casual vacancy caused by resignation of Mrs. Deena Asit Mehta; term 5 years (subject to shareholders).
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Reconstitution note: Appointed as Chairman of Risk Management Committee (to fill casual vacancy).
UTI Asset Management Company Limited (UTIAMC)
- Resignation/Cessation: Mr. Deepak Kumar Chatterjee (DIN: 03379600)
- Role: Non-Executive Independent Director & Chairperson
- Effective Date: close of business hours July 28, 2026
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Context: Completion of second term.
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Appointment: Ms. P. V. Bharathi (DIN: 06519925)
- Role: Chairperson (Non-Executive Independent Director)
- Effective Date: July 29, 2026
- Context: Selected as Chairperson by board.
Biocon Limited (BIOCON)
- Cessation: Mr. Bobby Kanubhai Parikh (DIN: 00019437)
- Role: Independent Director
- Effective Date: close of business hours July 22, 2026
- Context: Completion of second term.
Elitecon International Limited (ELITECON)
- Appointment: Mr. Vipin Sharma (DIN: 01739519)
- Role: Additional Director
- Effective Date: July 22, 2026
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Context: Appointed to restore quorum after independent director cessations; shareholder approval required.
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Appointment: Mr. Pradeep Kumar (DIN: 00209355)
- Role: Additional Director
- Effective Date: July 22, 2026
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Context: Same quorum-restoration purpose; shareholder approval required.
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Earlier independent director resignations (disclosed with delay):
- Resignation: Dr. Venkata Ramesh Penumaka (DIN: 02836069) — effective April 7, 2026
- Resignation: Mr. Edward Michael Bourgoin (DIN: 10412710) — effective April 27, 2026
- Stated reasons (as per annexures):
- Governance/corporate governance and “recent regulatory developments” (Penumaka)
- “availability of information concerning the affairs of the Company” and governance-related developments (Bourgoin)
- Note: Company states resignation communications were “inadvertently not processed” earlier.
Bhagwati Autocast Limited (504646)
- Re-appointment: Mr. Shantanu Chitranjan Mehta (DIN: 08930872)
- Role: Non-executive Independent Director (not liable to retire by rotation)
- Effective Date: from Sept 23, 2026 (term starts)
- Context: 2nd term of 5 years (subject to shareholders).
Kesar Terminals & Infrastructure Limited (533289)
- Re-appointment: Mrs. Natasha Harsh Kilachand (DIN: 02422120)
- Role: Director (retires by rotation; re-appointment)
- Effective Date: July 22, 2026
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Context: Re-appointment approved by shareholders.
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Re-appointment: Shri Harsh R. Kilachand
- Role: Whole-Time Director designated as Executive Chairman
- Effective Date: Dec 20, 2026 to Mar 31, 2031
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Context: Re-appointment approved.
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Continuation: Mrs. Nilima Ashok Mansukhani (DIN: 06964771)
- Role: Independent Director
- Context: Continued as Independent Director.
Supershakti Metaliks Limited (541701)
- Resignation: Mrs. Bhawna Khanna (DIN: 06886294)
- Role: Independent Director
- Effective Date: close of business hours July 22, 2026
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Context: Personal reasons.
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Resignation: (Board-level) CFO resignation also disclosed (covered under key exec changes below).
Ontic Finserve Limited (540386)
- Resignation: Ms. Kapadia Kruti Kevin (DIN: 07746940)
- Role: Non-Executive Independent Director
- Effective Date: close of business hours July 22, 2026
- Context: Resignation accepted by board.
Oracle Financial Services Software Limited (OFSS)
- Appointment: Mr. Andrew Mark Morawski (DIN: 11775252)
- Role: Additional Director (Non-Executive, Non-Independent)
- Effective Date: July 22, 2026
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Context: Subject to shareholder approval.
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Resignation (board role): Mr. Makarand Padalkar
- Role: MD & CEO (also chair/committee roles ceased as per filing)
- Effective Date: end of day July 23, 2026
Kretto Syscon Limited (531328)
- Resignation: Ms. Kapadia Kruti Kevin (DIN: 07746940)
- Role: Non-Executive Independent Director
- Effective Date: July 22, 2026
- Context: Personal reasons and other professional commitments.
Elitecon International Limited (ELITECON)
- (Covered above.)
4. Notable Company-Specific Situations
Supershakti Metaliks Limited (541701)
- Simultaneous clustering: Independent Director resignation (July 22, 2026) and CFO resignation (July 31, 2026) disclosed together.
Elitecon International Limited (ELITECON)
- Multiple independent director resignations (effective April 7 and April 27, 2026) were disclosed later; company cites transition/compliance processing delay.
- Quorum restoration appointments made on July 22, 2026 due to independent director cessations.
Oracle Financial Services Software Limited (OFSS)
- Coordinated leadership transition: CEO/MD resignation effective July 23, 2026; MD/CEO appointment effective July 24, 2026; CFO appointment also effective July 24, 2026.
Trio Mercantile & Trading Limited (534755)
- Broad simultaneous exits: multiple independent directors, MD/ED, CFO, and CS/Compliance Officer resigned effective July 22, 2026, alongside designation changes/appointments.
5. Reappointments / Extensions (side notes)
Bhagwati Autocast Limited (504646)
- Re-appointment: Mr. Shantanu Chitranjan Mehta as Independent Director for 5 years starting Sept 23, 2026 (subject to shareholders).
Kesar Terminals & Infrastructure Limited (533289)
- Re-appointment: Mrs. Natasha Harsh Kilachand (director) approved July 22, 2026.
- Re-appointment: Whole-Time Director designated as Executive Chairman (Harsh R. Kilachand) for Dec 20, 2026–Mar 31, 2031.
Biocon Limited (BIOCON)
- No reappointment; independent director term completion and cessation.
If you want, I can also provide a one-page “changes by role” table (CEO/CFO/Chairman/Independent/NED/SMP/KMP) for faster scanning.