Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
No “for cause” resignations were explicitly stated in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)
Vedant Fashions Limited (NSE: MANYAVAR; BSE: 543463)
- Change: Re-appointment
- Person: Mr. Ravi Modi
- Role: Chairman & Managing Director (Chairman and Managing Director)
- Effective Date: Aug 28, 2026 (term from Aug 28, 2026 to Aug 27, 2031)
- Context: Re-appointment approved by Board based on Nomination & Remuneration Committee recommendation; subject to shareholders’ approval.
Deepak Chemtex Limited (BSE: 544036)
- Change: Re-appointment
- Person: Mr. Saurabh Deepak Arora
- Role: Chairman & Managing Director
- Effective Date: Jul 28, 2026 (to Jul 27, 2029)
- Context: Re-appointment approved by Board; subject to Members’ approval.
2. Executive Management Changes (senior executives below CEO/CFO/COO)
Dolphin Medical Services Limited (BSE: 526504)
- Resignation: Mr. Vaishnavi Sharma
- Role: Company Secretary cum Compliance Officer & Chief Financial Officer (CFO)
- Effective Date: Accepted with effect from close of business hours on 24th July, 2026
- Context: Board accepted resignation (reasons not stated beyond “resignation”).
Harikanta Overseas Limited (BSE: 544769)
- Appointment: Mr. Abhishek Nileshkumar Gotawala
- Role: Chief Financial Officer (CFO) (KMP), in addition to existing Whole-time Director role
- Effective Date: Jul 25, 2026
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Context: Board approved appointment (CFO responsibilities consolidated with financial leadership).
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Resignation: Shafali Narendrakumar Jain
- Role: Chief Financial Officer (CFO) (KMP)
- Effective Date: close of business hours on Jul 25, 2026
- Context: Resignation letter cites “better career prospects” (no other stated cause).
Surana Solar Limited (NSE: SURANASOL; BSE: 533298)
- Appointment: Buvankar Shekarnath
- Role: Chief Financial Officer (CFO) (KMP)
- Effective Date: Jul 25, 2026
- Context: Board appointed CFO; profile notes association with the Group for 30+ years.
3. Board / Director Changes (Independent/NED/Additional directors)
Five-Star Business Finance Limited (NSE: FIVESTAR; BSE: 543663 / 974905 / 975246 / 975598)
- Appointment: Mr. Sreeram Ranganathan Iyer (DIN: 00472961)
- Role: Additional Director, Non-Executive Independent Director
- Effective Date: Jul 25, 2026
- Context: First term of 5 years, subject to shareholders’ approval at ensuing AGM.
Billwin Industries Limited (BSE: as per filing; ticker not provided in text)
- Appointment: Mr. Anand Kumar Jha (DIN: 09706572)
- Role: Additional Director, Non-Executive Independent Director
- Effective Date: Jul 25, 2026
- Context: Term of 5 years, subject to shareholders’ approval.
Zen Technologies Limited (NSE: ZENTEC; BSE: 533339)
- Appointment: Mr. Jasthi Krishna Kishore (DIN: 08001625)
- Role: Additional Director, Non-Executive Independent Director
- Effective Date: Jul 25, 2026
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Context: 3 years, subject to shareholders’ approval.
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Re-appointment (Whole-time Director): Mrs. Shilpa Choudari (DIN: 06646539)
- Role: Whole-time Director
- Effective Date: Nov 01, 2026
- Context: 3 years, subject to shareholders’ approval.
Kati Patang Lifestyle Limited (BSE: 531126)
- Change: Designation change
- Person: Mr. Sanjay Kumar Jain (DIN: 01014176)
- Role: From Non-Executive Independent Director → Non-Executive Non-Independent Director
- Effective Date: Jul 25, 2026
- Context: Board approved change; subject to shareholders’ approval.
Magnanimous Trade & Finance Limited (BSE: 512377)
- Appointment: Mr. Darvin Maheshbhai Kiyada (DIN: 11849750)
- Role: Additional Director, Non-Executive Independent Director
- Effective Date: Jul 25, 2026
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Context: 5 years, subject to regulatory/statutory authorities and shareholders’ approval.
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Appointment: Mr. Rushi Arvindbhai Savliya (DIN: 11847074)
- Role: Additional Director, Non-Executive Independent Director
- Effective Date: Jul 25, 2026
- Context: 5 years, subject to regulatory/statutory authorities and shareholders’ approval.
Super Bakers (India) Limited (BSE: 530735)
- Appointment: Mr. Parth B. Thakkar (DIN: 10709057)
- Role: Additional Director, Non-Executive Independent Director
- Effective Date: Sep 01, 2026
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Context: Subject to shareholders’ approval at ensuing AGM.
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Appointment: Ms. Rajkumari R. Udhwani (DIN: 02636225)
- Role: Additional Director, Non-Executive Independent Director
- Effective Date: Sep 01, 2026
- Context: Subject to shareholders’ approval at ensuing AGM.
Foseco Crucible (India) Limited (BSE: 523160)
- Appointment (by circulation):
- Christopher Graham Lewis (DIN: 11847319) – Additional Director, Non-Executive, Non-Independent (effective Jul 25, 2026; till ensuing AGM)
- Juliette Catherine Lowes (DIN: 11845679) – Additional Director, Non-Executive, Non-Independent (effective Jul 25, 2026; till ensuing AGM)
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Sunil Kumar Chaturvedi (DIN: 02183147) – Additional Director, Non-Executive, Independent (effective Jul 25, 2026; till ensuing AGM)
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Resignations (all effective Jul 24, 2026):
- Henry Knowles (DIN: 08751453) – Non-Executive, Non-Independent
- Mark Collis (DIN: 10054384) – Non-Executive, Non-Independent
- Rashmi Joshi (DIN: 06641898) – Non-Executive, Independent
- Stated reason (tight summary): “create more bandwidth… to focus on other projects and commitments” (no other material reasons stated beyond that).
Vedant Fashions Limited (NSE: MANYAVAR; BSE: 543463)
- Re-appointment: Mr. Manish Mahendra Choksi (DIN: 00026496)
- Role: Non-Executive Independent Director
- Effective Date: Sep 06, 2026 (to Sep 05, 2031)
- Context: Second term of 5 years, subject to shareholders’ approval.
4. Notable Company-Specific Situations
Harikanta Overseas Limited (BSE: 544769)
- Simultaneous CFO transition:
- CFO resignation accepted (Shafali Narendrakumar Jain) effective close of business hours Jul 25, 2026
- CFO appointment approved (Abhishek Nileshkumar Gotawala) effective Jul 25, 2026
- Indicates same-day handover/continuity planning (no further stated issues).
Foseco Crucible (India) Limited (BSE: 523160)
- Clustered director exits: 3 directors resigned effective Jul 24, 2026 (Henry Knowles, Mark Collis, Rashmi Joshi), with three new directors appointed effective Jul 25, 2026.
5. Reappointments / Extensions (side notes)
Vedant Fashions Limited (NSE: MANYAVAR; BSE: 543463)
- Re-appointment: Mrs. Shilpi Modi (DIN: 00361954) – Whole-time Director
- Effective: Aug 28, 2026 to Aug 27, 2031 (subject to shareholders’ approval)
Five-Star Business Finance Limited (NSE: FIVESTAR; BSE: 543663 / 974905 / 975246 / 975598)
- Extension: Mr. R. Vijayaraghavan
- Role: Chief Compliance Officer
- Tenure extended: 3 years w.e.f. Oct 1, 2026
Deepak Chemtex Limited (BSE: 544036)
- Re-appointment: Mrs. Trishla Baid Arora (DIN: 07063446) – Whole-time Director
- Effective: Jul 28, 2026 to Jul 27, 2029 (subject to Members’ approval)
Zen Technologies Limited (NSE: ZENTEC; BSE: 533339)
- Re-appointment: Mrs. Shilpa Choudari (DIN: 06646539) – Whole-time Director
- Effective: Nov 01, 2026 for 3 years (subject to shareholders’ approval)
