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Management Changes

Aarti Drugs reshuffles top leadership from Oct 1

August 1, 2026 5 mins read Firehose Gupta

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)

Aarti Drugs Limited (AARTIDRUGS)

  • Change: Resignation (Chairman, Managing Director & CEO)
  • Person: Shri Prakash M. Patil
  • Role: Chairman, Managing Director & CEO
  • Effective Date: Close of business hours on September 30, 2026
  • Context: Board notes his request for early retirement (“intention to get early retirement” for an “orderly leadership transition”).

  • Change: Appointment (Chairman)

  • Person: Shri Rashesh C. Gogri
  • Role: Chairman (in addition to existing Managing Director)
  • Effective Date: October 1, 2026
  • Context: Elevated as part of leadership transition.

  • Change: Appointment (Managing Director)

  • Person: Shri Adhish P. Patil
  • Role: Managing Director
  • Effective Date: October 1, 2026 (subject to shareholder approval)
  • Context: Appointed based on Nomination & Remuneration Committee recommendation.

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

JK Agri Genetics Limited (JKAGL)

  • Appointment: Ms. Varsha Singh as Company Secretary, Compliance Officer & KMP
  • Effective Date: 12 August 2026
  • Resignation/Cessation: Mr. Anoop Singh Gusain as Company Secretary, Compliance Officer & KMP
  • Effective Date: 11 August 2026
  • Context: Transfer of services within group company.

Jayant Agro-Organics Limited (JAYAGROGN)

  • Appointment: Mr. Krunal Girish Veni as Company Secretary & Compliance Officer (KMP)
  • Effective Date: August 1, 2026
  • Resignation/Cessation: Mr. Dinesh Mathuradas Kapadia relinquishes Company Secretary & Compliance Officer
  • Effective Date: July 31, 2026
  • Context: Change in designation to Additional Director (Whole-Time Director).

Physicswallah Limited (PWL)

  • Resignation: Mr. Pulkit Swarup, Senior Vice President – Tech (Senior Management Personnel)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: Personal and family commitments.

Reliance Infrastructure Limited (RELINFRA)

  • Resignation: Shri Ivan Saha, Senior Management Personnel (resignation letter references CEO – Renewable business)
  • Effective Date: July 31, 2026
  • Context: Resignation “due to my own personal reasons.”

iValue Infosolutions Limited (IVALUE)

  • Resignation: Mr. Shrikant Manohar Shitole, Chief Executive Officer (KMP)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: Resignation letter dated July 15, 2026 (reason stated as personal reasons; no other reasons per filing).

Tierra Agrotech Limited (TIER)

  • Resignation: Mr. Kishan Dumpeta, Chief Executive Officer (KMP)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: Personal exigencies; company waived notice period as requested.

Info Edge (India) Limited (NAUKRI)

  • Resignation: Mr. Shailesh Chandra, Executive Vice President – Platform Enhancement (SMP)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: To pursue other passion.

KFin Technologies Limited (KFINTECH)

  • Retirement/Cessation: Mr. Giridhar G, Chief Business Officer – Corporate Registry (SMP)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: Superannuation.

Allied Digital Services Limited (ADSL)

  • Retirement/Cessation: Mr. Adil Keki Wadia, Country Manager – Technology Support (SMP)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: Retirement.

Shriram Pistons & Rings Limited (SHRIPISTON) (formerly SPR Auto Technologies Limited filing references old name)

  • Superannuation/Cessation: Mr. Sandeep Agrawal, Executive Director & Chief Marketing Officer (Senior Management Personnel)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: Superannuation
  • Additional responsibility: Mr. Rajan Nanda to assume additional responsibility for marketing
  • Effective Date: August 1, 2026

Heera Ispat Limited (HEERAISPAT)

  • Resignation: Chirag Dinesh Chandan, Whole-time Director
  • Effective Date: July 31, 2026
  • Context: Personal reasons.

RPG Life Sciences Limited (RPGLIFE)

  • Cessation (superannuation): Mr. Samir Rane, Vice President – Sales & Marketing (Main Division)
  • Effective Date: Close of business hours on July 31, 2026
  • Context: Retirement upon attaining age of superannuation.

Power Grid Corporation of India Limited (POWERGRID)

  • Cessation (superannuation): Shri Rajesh Gupta, Executive Director (ED)
  • Effective Date: July 31, 2026
  • Context: Superannuation.

KFin / NIIT / Others (SMP cessations by tenure/superannuation)

  • NIIT Limited (NIITLTD): Mr. Udai Singh (SMP) completed tenure; cessation July 31, 2026.
  • (No CEO/CFO/COO changes in these SMP-only notices.)

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

Ashika Global Securities Limited (ASHIKAGLOB)

  • Appointment: Ms. Meenaa Sharma as CHRO (SMP) (not a director appointment; included here only as board-approved senior management—no director change stated).

Jayant Agro-Organics Limited (JAYAGROGN)

  • Appointment: Mr. Nilesh Bhadrakumar Shah as Additional Director (Non-Executive & Independent)
  • Effective Date: July 31, 2026
  • Term: 5 years (to July 30, 2031), subject to shareholder approval
  • Appointment/Designation change: Mr. Dinesh Mathuradas Kapadia to Additional Director (Whole-Time Director)
  • Effective Date: August 1, 2026
  • Term: 5 years (to July 31, 2031), subject to shareholder approval

Jindal Poly Investment and Finance Company Limited (JPOLYINVST)

  • Appointment: Ms. Geeta Gilotra as Additional Director (Non-Executive, Non-Independent)
  • Effective Date: July 31, 2026
  • Term: up to ensuing AGM / last date AGM required

Artemis Medicare Services Limited (ARTEMISMED)

  • Appointment (shareholder-approved): Dr. Girdhar Jessaram Gyani as Independent Director
  • Effective Date: August 1, 2026
  • Term: 3 years (to July 31, 2029)

India Nippon Electricals Limited (INDNIPPON)

  • Re-appointment: Ms. Gangapriya Chakraverti as Independent Director (2nd term)
  • Effective Date: 10 August 2026 to 09 August 2031
  • Re-appointment: Mr. Heramb Ravindra Hajarnavis as Independent Director (2nd term)
  • Effective Date: 10 August 2026 to 09 August 2031
  • Context: Shareholders approved at AGM held July 30, 2026.

Oriental Hotels Limited (ORIENTHOT)

  • Appointment (shareholder-approved): Mr. Venkatesh Rajagopal as Independent Director
  • Effective Date: May 05, 2026 to May 04, 2031
  • Appointment (shareholder-approved): Mr. Suraj Krishna Moraje as Independent Director
  • Effective Date: May 05, 2026 to May 04, 2031

IKIO Technologies Limited (IKIO)

  • Appointment (shareholder-approved): Ms. Madhu Pandit as Non-Executive Woman Independent Director
  • Effective Date: May 02, 2026 to May 01, 2031
  • Appointment (shareholder-approved): M/s Agarwal & Saxena as Statutory Auditors (not a director change)

Indus Towers Limited (INDUSTOWER)

  • Appointment (shareholder-approved via postal ballot): Mr. Randeep Singh Sekhon as Director liable to retire by rotation
  • Effective Date: Board appointment w.e.f. May 01, 2026; shareholder approval via postal ballot July 29, 2026

Remi Edelstahl Tubulars Limited (REMI)

  • Resignation: Shri Vishwambhar C. Saraf as Non-Executive Non-Independent Director
  • Effective Date: 01.08.2026
  • Context: Resignation due to advanced age (87 years).
  • Appointment/Designation change: Shri Ritvik Saraf appointed as Promoter Non-Executive Non-Independent Director
  • Effective Date: August 1, 2026
  • Context: Appointed in place of resigning director.
  • Designation: Shri Rajendra C. Saraf designated as Non-Executive Chairman
  • Effective Date: 01.08.2026
  • Appointment: Shri Vishwambhar C. Saraf appointed as Chairman Emeritus
  • Effective Date: 01.08.2026

4. Notable Company-Specific Situations

Aarti Drugs Limited (AARTIDRUGS)

  • Clustered leadership transition: simultaneous planned exit of Chairman/MD/CEO (Prakash M. Patil) effective Sep 30, 2026, and elevation/appointments of Rashesh C. Gogri (Chairman) and Adhish P. Patil (MD) effective Oct 1, 2026.

Remi Edelstahl Tubulars Limited (REMI)

  • Board reshuffle on same effective date: resignation of Vishwambhar C. Saraf and appointment of Ritvik Saraf plus designation of Rajendra C. Saraf as Non-Executive Chairman, all effective 01.08.2026.

5. Reappointments / Extensions (Side Notes)

Gufic Biosciences Limited (GUFFICBIO)

  • Re-appointment: Mr. Pankaj Jayakumar Gandhi as Whole Time Director
  • Effective Date: September 07, 2026 to September 06, 2031 (subject to shareholder approval)

India Nippon Electricals Limited (INDNIPPON)

  • Re-appointments: Independent directors Gangapriya Chakraverti and Heramb Ravindra Hajarnavis for second terms (10 Aug 2026–09 Aug 2031).

(Other reappointments/AGM approvals present in filings)

  • No CEO/CFO/COO reappointments were explicitly stated in the provided set beyond the above director-level reappointments.

If you want, I can also provide a separate table view (Company → Change type → Person → Effective date) for faster internal scanning.