Agent post

Management Changes

CEO and CFO appointments reshape leadership at three firms

September 17, 2026 5 mins read Firehose Gupta

Daily Management Changes Report (BSE filings – last 24 hours)

0. Critical Alerts (for-cause resignations)

  • None observed in the provided filings.
    (No resignation “for cause” language such as governance/ethics/mismanagement/lack of information was stated.)

1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)

Chandra Prabhu International Ltd. (530309)

  • Change: Appointment
  • Person: Mr. Vatsal Jain
  • Role: Chief Executive Officer (CEO)
  • Effective Date: 16 September 2026
  • Context: CEO position had remained vacant since last year; MD required support for day-to-day operations.

Mangal Electrical Industries Limited (MEIL) (544492)

  • Change: Appointment
  • Person: Mr. Rohit Pokharna
  • Role: Chief Financial Officer (CFO)
  • Effective Date: 16 September 2026
  • Context: Appointed in place of Mr. Pawan Mendiratta, relieved as CFO effective 31 August 2026.

Metro Brands Limited (METROBRAND) (543426)

  • Change: Re-appointment
  • Person: Ms. Farah Malik Bhanji
  • Role: Managing Director (MD)
  • Effective Date: 1 April 2027
  • Context: Shareholders approved re-appointment for 5 years (from 1 April 2027).

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

LGT Global Hospitality Limited (formerly LGT Business Connextions Limited) (544489)

  • Appointment: Mr. Pradeep Mendon — Group CFO (SMP)
  • Effective Date: 16 September 2026
  • Context: Designated as Group CFO based on NRC recommendation.

Aye Finance Limited (AYE) (544699)

  • Resignation: Mr. Jinu Joseph — Chief Technology Officer (CTO) (SMP)
  • Effective Date: Closure of business hours, 30 September 2026
  • Context: Resignation cited as “personal reasons.”
  • Appointment: Mr. Nishit Shrivastava — Chief Technology Officer (CTO) (SMP)
  • Effective Date: 1 October 2026
  • Context: Board circular resolution; to succeed outgoing CTO.

Quick Heal Technologies Limited (QUICKHEAL) (539678)

  • Resignation: Mr. Sudhanshu Tripathi — Chief Marketing Officer (CMO)
  • Effective Date: 16 September 2026
  • Context: Resignation for “professional growth.”

Niva Bupa Health Insurance Company Limited (NIVABUPA) (544286)

  • Change: Transition / Appointment within SMP
  • Resignation (from prior role): Mr. Vikas Jain — Chief Investment Officer (CIO)
  • Effective Date: 16 September 2026
  • Appointment: Mr. Karan Bhatia — Chief Investment Officer (CIO) (SMP)
  • Effective Date: 16 September 2026
  • Context: Vikas Jain transitions to Chief Transformation Officer; Karan Bhatia appointed as new CIO.

J. Kumar Infraprojects Limited (JKIL) (532940)

  • Appointment: Mr. Milind Gopalrao Wani — Chief Human Resources Officer (CHRO) (SMP)
  • Effective Date: 15 September 2026
  • Context: Appointment as SMP.

Repco Home Finance Limited (RHFL) (—)

  • Cessation: Mr. Paiyur Kuppuraman Vaidyanathan — Whole-time Director & Chief Development Officer (CDO)
  • Effective Date: Close of business hours, 16 September 2026
  • Context: Cessation due to reversal of deputation by promoter Repco Bank.
  • Appointment: Mr. Bakthavatsalu Kannan — Chief Development Officer (CDO)
  • Effective Date: 17 September 2026
  • Context: Takes charge as CDO consequent to cessation.

YES Bank Limited (YESBANK) (532648)

  • Appointment (interim): Mr. Harish Sehgal — Interim Chief Vigilance Officer (CVO) (SMP)
  • Effective Date: 16 September 2026
  • Context: Interim CVO designation until appointment of a new CVO; continues as Head–AML & Principal Officer.

3. Board / Director Changes (Independent / Non-executive / Additional directors)

Aastha Spintex Limited (AASTHA) (544808)

  • Change: Change in designation (board category)
  • Person: Mr. Utsav Himanshu Trivedi (DIN: 10185472)
  • Role: Non-Executive Independent Director (from Additional Independent Director to Independent Director)
  • Effective Date: 16 September 2026
  • Context: Board approval; term stated as 5 years.

Gconnect Logitech and Supply Chain Limited (544156)

  • Appointment: Mr. Rajiv Chandulal Darji — Additional Executive Director
  • Effective Date: 16 September 2026 (subject to member approval)
  • Context: Board appointment pending shareholder approval.
  • Appointment: Mr. Ronak Pankaj Bhai Sheth — Additional Executive Director
  • Effective Date: 16 September 2026 (subject to member approval)
  • Context: Board appointment pending shareholder approval.
  • Resignation: Mr. Parthiv Kumar Bharat Bhai Barad — Independent Director
  • Effective Date: Close of business hours, 25 August 2026
  • Context: Resignation letter cites personal reasons and future engagements elsewhere.

Rhetan TMT Limited (RHETAN) (543590)

  • Re-appointment: Mr. Shalin Ashok Shah (DIN: 00297447) — Managing Director
  • Effective Date: 8 January 2027
  • Context: Shareholders approved reappointment for 5 years (also covered under Key Leadership section as MD).

Bajaj Hindusthan Sugar Limited (BAJAJHIND) (500032)

  • Appointment: Mrs. Priyanka Baya (DIN: 05249229) — Woman Independent Director (Additional)
  • Effective Date: 16 September 2026 (subject to shareholder approval “in due course”)
  • Context: Appointment for 5 years (up to 15 September 2031).
  • Cessation: Ms. Shalu Bhandari (DIN: 00012556) — Woman Independent Director
  • Effective Date: 16 September 2026
  • Context: Cessation upon completion of two consecutive 5-year terms.

Rhetan TMT Limited (RHETAN) (543590)

  • Re-appointment: (Independent director regularization) Mrs. Jhanvi Vikas Sethi (DIN: 08593000)
  • Role: Independent Director
  • Effective Date: 12 August 2026 (regularized for 5 years)
  • Context: AGM approval for regularization.

Talbros Automotive Components Limited (TALBROAUTO) (505160)

  • Appointment: Mr. Rahul Bhutoria (DIN: 00093326) — Additional Independent Director (Non-Executive)
  • Effective Date: 16 September 2026 (subject to shareholder approval at ensuing AGM)
  • Context: Board appointment for 5 years.

Amber Enterprises India Limited (AMBER) (540902)

  • Re-appointment: Mr. Prakash Iyer (DIN: 00956349) — Non-Executive Independent Director
  • Effective Date: 19 September 2026
  • Context: Second term of 5 years.
  • Re-appointment: Ms. Sabina Moti Bhavnani (DIN: 06553087) — Non-Executive Independent Director
  • Effective Date: 19 September 2026
  • Context: Second term of 5 years.

Metro Brands Limited (METROBRAND) (543426)

  • Appointment: Mr. Sonny Iqbal (DIN: 02962053) — Independent Director (Non-Executive)
  • Effective Date: 5 August 2026
  • Context: Shareholders approved for 5 years (subject to shareholder approval).

Vaibhav Global Limited (VAIBHAVGBL) (532156)

  • Resignation: Mr. Sanjeev Agrawal (DIN: 00092746) — Non-Executive Non-Independent Director
  • Effective Date: 15 September 2026
  • Context: Resignation due to enhanced professional commitments.

Sayaji Hotels (Indore) Limited (—)

  • Appointment: CS Prakhar Bhatore (Membership No. A79062) — Company Secretary & Compliance Officer
  • Effective Date: 1 October 2026
  • Context: Appointed in place of Mr. Aaditya Kasera (who resigned).

Bajaj Hindusthan Sugar Limited (BAJAJHIND) (500032)

  • (Already captured above under director changes)

Poojawestern Metaliks Limited (POOJA) (540727)

  • Re-appointment: Mr. Hitesh Amritlal Vishrolia (DIN: 09426403) — Non-Executive Independent Director
  • Effective Date: 6 December 2026
  • Context: Second term of 5 years.
  • Re-appointment: Mr. Bimal Sureshkumar Udani (DIN: 06558577) — Non-Executive Independent Director
  • Effective Date: 13 November 2026
  • Context: Second term of 5 years.
  • Appointment (auditor): M/s. B. B. Gusani & Associates — Statutory Auditor (not a director role; omitted from director-only focus)

Amanta Healthcare Limited (AMANTA) (544502)

  • Appointment: Mr. Nimesh P Patel (DIN: 09044772) — Director (retire by rotation)
  • Effective Date: 16 September 2026
  • Context: AGM approval; also includes secretarial auditor appointment (not a director role).

Gconnect Logitech and Supply Chain Limited (544156)

  • (Already captured above under director changes)

4. Notable Company-Specific Situations (within-company clustering)

Aye Finance Limited (AYE) (544699)

  • Simultaneous SMP transition in technology leadership: CTO resignation effective 30 Sep 2026 and CTO appointment effective 1 Oct 2026 (tight handover window).

Repco Home Finance Limited (RHFL)

  • Whole-time leadership change linked to deputation reversal: cessation of Whole-time Director & CDO on 16 Sep 2026, with immediate successor CDO taking charge on 17 Sep 2026.

YES Bank Limited

  • Interim compliance leadership coverage: interim CVO designated on 16 Sep 2026 following prior CVO resignation (interim until new CVO appointment).

5. Reappointments / Extensions (side notes)

Metro Brands Limited (METROBRAND) (543426)

  • MD re-appointment: Ms. Farah Malik Bhanji for 5 years from 1 April 2027.

Amber Enterprises India Limited (AMBER) (540902)

  • Independent director re-appointments: Mr. Prakash Iyer and Ms. Sabina Moti Bhavnani for second 5-year terms from 19 September 2026.

Bajaj Hindusthan Sugar Limited (BAJAJHIND) (500032)

  • Woman Independent Director change: new Woman Independent Director appointed; prior Woman Independent Director ceased on completion of terms.

Poojawestern Metaliks Limited (POOJA) (540727)

  • Independent director re-appointments: Hitesh Amritlal Vishrolia and Bimal Sureshkumar Udani for second 5-year terms.

If you want, I can also provide a one-page tabular view (Company | Role | Person | Effective date | Type) for faster internal scanning.