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)
Power Grid Corporation of India Limited (POWERGRID)
- Change: Extension (additional charge)
- Person: Shri Burra Vamsi Rama Mohan
- Role: Director (Projects) (additional charge)
- Effective Date: w.e.f. 01 July 2026 (for a further period of three months / until specified conditions)
- Context: Extension in pursuance of Ministry of Power order dated 23 July 2026.
2. Executive Management Changes (below CEO/CFO/COO)
3i Infotech Limited (3IINFOLTD)
- Appointment: Mr. Venu Gopal Reddy — Business Head – Infrastructure Services (appointed as Senior Management Personnel)
- Effective: immediate effect (as per filing dated 23 July 2026)
Trident Limited (TRIDENT)
- Appointment: Mr. Pardeep Kumar Markanday — designated Chief Executive Officer – Yarn (Punjab and Madhya Pradesh) (SMP)
- Effective: 23 July 2026
Allied Blenders and Distillers Limited (ABDL)
- Appointment: Mr. Bikram Basu — Group Chief Marketing and Innovation Officer (SMP)
- Effective: 1 August 2026
- Cessation (SMP classification): Dr. Pradipta Basu — ceases to be classified as SMP (continues as Chief Marketing Officer)
- Effective: 31 July 2026
IIFL Capital Services Limited (IIFLCAPS)
- Change (re-designations):
- Mr. Raghav Gupta → Joint Chief Executive Officer – Private Wealth
- Mr. Prakash Bulusu → Joint Chief Executive Officer – Private Wealth
- Mr. Hardik Sanghavi → Chief Technology Officer – Institutional Equities
- Mr. Chintan Modi → Head – Growth & Business Partners
- Mr. Aditya Sisodia → Chief Technology Officer – Private Wealth
- Effective Date: 23 July 2026
Computer Age Management Services Limited (CAMS)
- Resignation (SMP): Mr. Kaushik Narayan Badri — CEO, Fintuple Technologies Private Limited (SMP)
- Cessation: close of business hours, 20 July 2026
- Context: Resignation “consequent to the sale of his shares as a founder” (as stated in annexure).
JM Financial Limited (JMFINANCIL)
- Cessation (SMP): Mr. Chirag Negandhi — ceased to be Senior Management Person
- Effective: close of business hours, 23 July 2026
- Context: Resignation letter dated 22 July 2026; stated reason: “personal reasons.”
3. Board / Director Changes
Dr. Reddy’s Laboratories Limited (DRREDDY)
- Re-appointment: Dr. K P Krishnan — Independent Director
- Term: Jan 7, 2027 to Jan 6, 2032 (second term of five years)
- Appointment: Mr. Srikanth Velamakanni — Independent Director
- Term: July 1, 2026 to June 30, 2031
3i Infotech Limited (3IINFOLTD)
- Resignation/Retirement: Mr. Ambarish Dasgupta — Non-Independent Non-Executive Director
- Nature: Intention not to seek re-appointment; will retire by rotation at conclusion of the 33rd AGM
- Stated reason (filing summary): potential conflict of interest due to consulting firm’s proposed expansion into IT/IT security
- Appointment: Mr. Sanjay Vatsa — Additional Director (Non-Independent Non-Executive)
- Effective: 24 July 2026 (subject to shareholder approval at AGM)
Supershakti Metaliks Limited (541701)
- Resignation: Mrs. Bhawna Khanna — Independent Director
- Effective: close of business hours, 22 July 2026
- Stated reason: “personal reasons” (as per resignation letter)
Kuber Udyog Limited (539408)
- Appointment: Mrs. Purvi Samir Patel — Additional Director (Non-Executive Independent)
- Effective: 23 July 2026
- Term: 1 year (subject to shareholder approval)
Spandana Sphoorty Financial Limited (SPANDANA)
- Appointment: Ms. Dipali Hemant Sheth — Independent Director appointed as Non-Executive Chairperson
- Effective: 23 July 2026
Retro Green Revolution Limited (519191)
- Resignation: Mr. Motibhai Vaniya — from directorship and all committees
- Effective: 23 July 2026
- Resignation: Mr. Akash Popat Pawar — from directorship and all committees
- Effective: 23 July 2026
V.S.T. Tillers Tractors Limited (VSTTILLERS)
- Appointment: Mrs. Shuba Kumar — Additional & Independent Director
- Term: 5 years, effective 27 July 2026 (subject to shareholder approval)
Triton Corp / HOMRE Limited (523387)
- Appointment: Mr. Ashok Chopra — Non-Executive Independent Director
- Effective: 23 July 2026 (1 year)
- Appointment: Mrs. Puneeta K Sharma — Non-Executive Independent Director
- Effective: 23 July 2026 (1 year)
- Change in designation (director category):
- Mr. Rohit Inder Himatsingani — from Non-Executive Non-Independent to Non-Executive Independent
- Mr. Abhishek Bhagwat Bharad — from Non-Executive Non-Independent to Non-Executive Independent
- Effective: 23 June 2026 (as stated)
- Resignation: Mr. Sachin Kumar Bhimrajka — Executive Director
- Effective: close of business hours, 22 June 2026
- Stated reason: personal reasons
Aayush Art and Bullion Limited (AAYUSHBULL)
- Appointment: Mr. Mehal Bipinchandra Raval — Additional Executive Director designated as Managing Director
- Effective: 23 July 2026
- Resignation: Mr. Maulik Rajendrabhai Shah — Managing Director
- Effective: 23 July 2026
Jagjanani Textiles Limited (532825)
- Resignation: Mr. Shiv Kumar Singhal — Whole Time Director
- Effective: 23 July 2026
Brandbucket Media & Technology Limited (539291)
- Appointment: Ms. Sonali Mahesh Kamble — Additional Director
- Effective: 15 July 2026 (till conclusion of upcoming EGM/AGM)
- Cessation: Ms. Nishigandha Keluskar — Director and Managing Director
- Effective: 15 June 2026 (under Companies Act Section 167(1)(b) for absence from board meetings)
- Note taken: Resignation of Mr. Sanjiv Hasmukh Shah — from directorship
- Effective: 15 June 2026
Arco Leasing Limited (511038)
- Appointment: Mr. Atul Ramshankar Jaiswal — Additional Director and Whole-Time Director
- Effective: 23 July 2026; WTD term 5 years (to 22 July 2031)
- Appointment: Mr. Jitesh Kothari — Additional Director and Whole-Time Director
- Effective: 23 July 2026; WTD term 5 years (to 22 July 2031)
Sungold Capital Limited (531433)
- Resignation: Ms. Shruti Santosh Asati — Company Secretary & Compliance Officer
- Effective: 23 July 2026
- Appointment: Ms. Muskan Gurjar — Company Secretary & Compliance Officer
- Effective: 23 July 2026
- Stated reason for resignation: pre-occupied schedule
Hindustan Composites Limited (HINDCOMPOS)
- Appointment (to be recommended to shareholders): M/s. R M Mimani & Associates LLP — Secretarial Auditors
- Term: 5 years from FY 2026-27 to FY 2030-31
- Context: Recommended for appointment at the ensuing 62nd AGM
ITC Limited (ITC)
- Re-appointment: Mr. Hemant Bhargava — Independent Director
- Term: 5 years, effective 20 December 2026 (approved at 115th AGM)
Dr. Reddy’s Laboratories Limited (DRREDDY) / FSN E-Commerce Ventures Limited (NYKAA) / Rajshree Sugars & Chemicals Limited (RAJSREESUG) / Hindustan Composites Limited (HINDCOMPOS)
- Note: These filings also include statutory auditor / secretarial auditor appointments, but they are not included in the director-change section above except where explicitly tied to board roles (as per your scope).
4. Notable Company-Specific Situations (within-company clustering)
Retro Green Revolution Limited (519191)
- Two director resignations (Motibhai Vaniya and Akash Popat Pawar) effective the same date: 23 July 2026.
Allied Blenders and Distillers Limited (ABDL)
- SMP role change cluster: Bikram Basu appointed as Group Chief Marketing & Innovation Officer while Pradipta Basu ceases SMP classification (but continues as CMO), with overlapping effective dates (Aug 1 / Jul 31).
5. Reappointments / Extensions (side notes)
Dr. Reddy’s Laboratories Limited (DRREDDY)
- Independent Director re-appointment: Dr. K P Krishnan for Jan 7, 2027–Jan 6, 2032.
ITC Limited (ITC)
- Independent Director re-appointment: Mr. Hemant Bhargava for 5 years from 20 Dec 2026.
Power Grid Corporation of India Limited (POWERGRID)
- Additional charge extension: CMD (Shri Burra Vamsi Rama Mohan) extended as Director (Projects) additional charge for 3 months from 1 July 2026 (or until specified conditions).