Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (Highest Priority)
No resignations “for cause” (as per provided text) were identified in the filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Utkarsh Small Finance Bank Limited (UTKARSHBNK)
- Change: Appointment
- Person: Mr. Manmohan Shetty
- Role: Chief Financial Officer (CFO) & Key Managerial Personnel (KMP)
- Effective Date: 19 September 2026
- Context: Board approved appointment based on recommendations of Audit Committee and Nomination & Remuneration Committee.
Gopal Snacks Limited (GOPAL)
- Change: Re-appointment
- Person: Mr. Bipinbhai Vithalbhai Hadvani
- Role: Chairman & Managing Director (CMD)
- Effective Date: 01 October 2026 (term to 30 September 2031)
- Context: Re-appointment approved as his current tenure concluded on 30 September 2026.
Vishal Mega Mart Limited (VMM)
- Change: Re-appointment / Re-designation
- Person: Mr. Gunender Kapur
- Role: Founder, Managing Director & Chief Executive Officer (FMD & CEO)
- Effective Date: 01 September 2026 (term to 31 August 2031)
- Context: AGM approved re-appointment and re-designation.
2. Executive Management Changes (below CEO/CFO/COO)
Orient Cement Limited (ORIENTCEM)
- Resignation: Ms. Kajal Saxena — Chief Financial Officer (CFO)
- Effective Date: 18 September 2026 (cessation after closure of business hours)
Rana Sugars Limited (RANASUG)
- Resignation: Mr. Indrajeet Kushwaha — General Manager (Senior Management Personnel)
- Effective Date: 18 September 2026
Karnataka Bank Limited (KTKBANK)
- Appointment/Change (promotion): Multiple senior officials promoted from Assistant General Manager to Deputy General Manager
- Effective Date: 19 September 2026
- Mr. Akshayaraj Ramakrishna Rao
- Mr. Adiga Praveen Chakrapani
- Mr. Danish
- Mr. Krishna Prasad K J
- Mr. Jayaprakash Udupa H
- Mr. Vishwanath S R
3. Board / Director Changes
CRP Risk Management Limited (534563)
- Resignation: Mrs. Kinjal Darshit Parkhiya — Independent Director
- Effective Date: 19 September 2026
- Context: Resignation due to “non-receipt of payment/ Fees for consecutively three meetings.”
Venlon Enterprises Limited (524038)
- Resignation: Mr. Mysuru Devaraju Dhanush — Independent Director
- Effective Date: 19 September 2026
- Context: Registration with IDDB expiring + other commitments; stated no other material reason.
Pasari Spinning Mills Limited (521080)
- Re-appointment: Mr. Byadarahally Lakshmaiah Pundareeka — Non-executive Independent Director
- Effective Date: 20 September 2026 to 19 September 2031 (second term)
P N Gadgil Jewellers Limited (PNGJL) (544256)
- Re-appointment: Dr. Vaijayanti Pandit — Independent Director
- Effective Date: 14 March 2027 to 13 March 2029 (second term; not liable to retire by rotation)
Gujarat Industries Power Company Limited (GIPCL) (517300)
- Resignation/Cessation: Shri Narendra Nath Misra — Independent Director
- Effective Date: 19 September 2026
- Context: Completed maximum tenure (second term of five years).
Suvidha Infraestate Corporation Limited (531640)
- Appointment (conversion): Mr. Abhijeet Ashokkumar Goswami — Non-Executive Non-Independent Director
- Effective Date: 01 November 2025 (as per AGM approval; appointment conversion)
- Context: AGM approved appointment of a director who was earlier Additional Director (Non-Executive Non-Independent).
DAPS Advertising Limited (543651)
- Change in designation (Director category): Ms. Srishti Chaturvedi — Non-Executive Director → Executive Director
- Effective Date: 01 April 2026
- Context: AGM approved change in designation.
J&K Bank Limited (J&KBANK) (532209)
- No director change reported in the provided filing; disclosure relates to Statutory Central Auditors (C&AG appointment).
Saraswati Saree Depot Limited (SSDL) (544230)
- No director change reported as a resignation/cessation; filing confirms shareholder approval of previously proposed appointments:
- Statutory Auditor appointment (PPC & Co)
- Independent Additional Directors (Mr. Amar Thorat; Mr. Yatiraj Marda) — approved by shareholders at AGM (18 Sept 2026)
Paul Merchants Limited (539113)
- No director change reported as appointment/resignation; filing confirms re-appointment of Mr. Ritesh Vaid as Director and Designated Whole Time Director (approved at AGM).
4. Notable Company-Specific Situations
CRP Risk Management Limited (534563)
- Independent director resignation tied to non-receipt of fees/payment for three consecutive meetings (explicit reason provided).
Gujarat Industries Power Company Limited (GIPCL) (517300)
- Independent director cessation due to completion of maximum tenure (second term of five years) on 19 September 2026, alongside a separate board appointment of an additional director on the same date (see below).
5. Reappointments / Extensions (Side Notes)
P N Gadgil Jewellers Limited (PNGJL) (544256)
- Independent Director re-appointment: Dr. Vaijayanti Pandit for 2 years (14 Mar 2027–13 Mar 2029), not liable to retire by rotation.
Pasari Spinning Mills Limited (521080)
- Independent director re-appointment: Mr. Byadarahally Lakshmaiah Pundareeka for 5 years (20 Sep 2026–19 Sep 2031).
Gopal Snacks Limited (GOPAL)
- CMD re-appointment: Mr. Bipinbhai Vithalbhai Hadvani for 5 years (01 Oct 2026–30 Sep 2031).
Vishal Mega Mart Limited (VMM)
- FMD & CEO re-appointment/re-designation: Mr. Gunender Kapur for 5 years (01 Sep 2026–31 Aug 2031).
Additional (Not in leadership/board categories requested, but notable)
Jammu & Kashmir Bank Limited (J&KBANK) (532209)
- Statutory Central Auditors (C&AG appointment): New auditors appointed for FY 2026–27; two firms ceased as statutory central auditors (as per filing).
Karnataka Bank Limited (KTKBANK)
- Senior management promotions (AGM → DGM) effective 19 Sep 2026 (already captured above).
If you want, I can also provide a one-line “top changes only” version for quick internal scanning.
