Daily Management Change Report (Last 24 hours)
0. Critical Alerts (Highest Priority)
No “for cause” resignations/removals were reported in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Salzer Electronics Limited (517059)
- Change: Re-appointment (subject to shareholders’ approval)
- Person: D Rajesh Kumar
- Role: Joint Managing Director
- Effective Date: 01 Oct 2026
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Context: Board approved re-appointment for another term of five consecutive years (effective from 01 Oct 2026), subject to AGM approval.
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Change: Re-appointment (recommended to shareholders)
- Person: N. Rangachary
- Role: Chairman (Non-Executive, Non-Independent)
- Effective Date: From AGM approval / retirement cycle (filing states re-appointment at the 41st AGM on 12 Sep 2026)
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Context: Board recommended re-appointment of directors retiring by rotation at the ensuing AGM.
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Change: Re-appointment (recommended to shareholders)
- Person: V. Sankaran
- Role: Non-Executive, Non-Independent Director
- Effective Date: From AGM approval / retirement cycle (41st AGM on 12 Sep 2026)
- Context: Board recommended re-appointment of directors retiring by rotation at the ensuing AGM.
2. Executive Management Changes (below CEO/CFO/COO)
Mahindra & Mahindra Limited (500520)
- Appointment: Ms. Shveta Arya
- Role: Group Chief Strategy Officer (Group) / part of Senior Management of the Company
- Effective Date: 15 Sep 2026
- Context: Appointment as Group Chief Strategy Officer; will report to Dr Anish Shah, Group CEO & MD.
3. Board / Director Changes (Independent / Non-executive / Additional directors)
Dhunseri Investments Limited (533336)
- Resignation/Cessation: Mr. Raj Vardhan Kejriwal (DIN: 00449842)
- Role: Independent Director
- Effective Date: 09 Aug 2026 (close of business hours)
- Context: Completion of tenure; ceased to be Independent Director.
IndusInd Bank Limited (532187)
- Resignation/Cessation: Mrs. Akila Krishnakumar (DIN: 06629992)
- Role: Non-Executive Independent Director
- Effective Date: 09 Aug 2026
- Context: Completion of tenure.
Emkay Global Financial Services Limited (EMKAY / 532737)
- Resignation/Cessation: Dr. Satish Ugrankar (DIN: 00043783)
- Role: Independent Director
- Effective Date: 09 Aug 2026
- Context: Completion of second term (5 consecutive years); ceased to be a member of the Board.
Selan Exploration Technology Limited / Antelopus Selan Energy Limited (530075)
- Resignation/Cessation: Mr. Manjit Singh (DIN: 07585638)
- Role: Independent Director
- Effective Date: 09 Aug 2026 (after closure of business hours)
- Context: Completion of second term; also ceased committee roles (Audit, Stakeholder Relationship, Nomination & Remuneration, CSR).
Suryoday Small Finance Bank Limited (SURYODAY / 543279)
- Resignation/Cessation: Mr. John Arunkumar Diaz (DIN: 00493304)
- Role: Non-Executive Independent Director
- Effective Date: 09 Aug 2026
- Context: Retirement upon attaining age of 75; ceased after completion of second term (effective from 09 Aug 2026).
4. Notable Company-Specific Situations
Suryoday Small Finance Bank Limited (543279)
- Multiple governance/role exits in close proximity: Independent director retirement (09 Aug 2026) plus resignation of Company Secretary & Compliance Officer (KMP) effective 11 Aug 2026 (reason stated: to pursue career opportunities outside the organisation).
5. Reappointments / Extensions (Side Notes)
Salzer Electronics Limited (517059)
- Re-appointment: D Rajesh Kumar as Joint Managing Director for 5 years from 01 Oct 2026 (subject to AGM approval).
- Re-appointment (recommended): N. Rangachary as Chairman (Non-Executive, Non-Independent) and V. Sankaran as Non-Executive, Non-Independent Director, for the AGM cycle (41st AGM on 12 Sep 2026).