Daily Management Change Report (Last 24 hours)
0. Critical Alerts (for-cause resignations)
No “for cause” resignations were found in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Shivansh Finserve Limited (Scrip: 539593)
- Change: Resignation (CFO)
- Person: Mr. Jignesh Sudhirbhai Shah
- Role: Chief Financial Officer (CFO)
- Effective Date: 22 September 2026
- Context: Resigned citing “increasing personal and professional commitments requiring my dedicated attention.”
Ghushine Fintrrade Ocean Limited (Scrip: 539864)
- Change: Appointment (CFO)
- Person: Mr. Samyak Alok Jain
- Role: Chief Financial Officer (CFO)
- Effective Date: 22 September 2026
-
Context: Appointed as CFO for a term of five years following cessation of the previous CFO.
-
Change: Resignation (CFO)
- Person: Mr. Pavan Jain
- Role: Chief Financial Officer (CFO)
- Effective Date: Close of business hours, 22 September 2026
- Context: Resigned due to “personal commitments.”
Systematix Corporate Services Limited (Scrip: 526506)
- Change: Re-appointment (MD)
- Person: Mr. Nikhil Khandelwal
- Role: Managing Director (MD)
- Effective Date: 01 September 2026 (w.e.f.)
- Context: Re-appointed for a further period of three years.
Asian Warehousing Limited (Scrip: 543927)
- Change: Re-appointment (Chairman & MD)
- Person: Mr. Bhavik Bhimjyani
- Role: Chairman & Managing Director
- Effective Date: 25 February 2027
- Context: Re-appointed for 3 years on expiry of current term.
Glittek Granites Limited (Scrip: 513528)
- Change: Appointment/Regularisation (Chairperson & WTD; MD)
- Person: Mr. Maheshkumar Jatashankar Thanki
- Role: Chairperson and Whole-Time Director
- Effective Date: 25 June 2026
-
Context: Regularisation of appointment for 5 years.
-
Change: Appointment/Regularisation (MD)
- Person: Mr. Bhargav Girjashankar Thanki
- Role: Managing Director
- Effective Date: 25 June 2026
-
Context: Regularisation of appointment for 5 years.
-
Change: Appointment/Regularisation (WTD)
- Person: Mr. Bhavin Harihar Thanki
- Role: Whole-Time Director
- Effective Date: 25 June 2026
- Context: Regularisation of appointment for 5 years.
Lakhotia Polyesters (India) Limited (Scrip: 535387)
- Change: Appointment (Director)
- Person: Mr. Murli Harishkumar Lakhotia
- Role: Non-Executive, Non-Independent Director
- Effective Date: 18 August 2026
- Context: Appointed by shareholders at AGM.
(Note: MD/CEO/Chairman changes were not explicitly stated in the provided text for this company beyond the director appointments.)
2. Executive Management Changes (below CEO/CFO/COO)
Cipla Limited (CIPLA)
- Appointment: Transition of Mr. Venkata Sai Mungara (Global Head Supply Chain) to Chief of Manufacturing and Supply Chain Operations, Cipla USA Inc.
- Effective Date: 01 October 2026
- Resignation/cessation (from company senior management): He “will cease to be a Senior Management Personnel of the Company” from 01 October 2026.
- Context: Role transition to wholly owned subsidiary (Cipla USA Inc.).
Sterlite Technologies Limited (STLTECH)
- Appointment: Ms. Lakshmi Iyer as Chief M&A, Investor Relations and Capital Markets Strategy Officer (Senior Management Personnel)
- Effective Date: 23 September 2026
- Context: Board approved appointment on 22 September 2026.
3. Board / Director Changes
Capri Global Capital Limited (CGCL)
- Re-appointment: Dr. Nupur Mukherjee — Independent Director (2nd term)
- Effective Date: 27 January 2027
- Term: 3 years
- Re-appointment: Mr. Shishir Priyadarshi — Independent Director (2nd term)
- Effective Date: 27 January 2027
- Term: 5 years
- Context: Approved at 32nd AGM held 22 September 2026.
SBI Life Insurance Company Limited (SBILIFE)
- Appointment: Mr. Nihar Niranjan Jambusaria — Additional Independent Director
- Effective Date: 22 September 2026
- Term: 3 years
- Context: Board approved via outcome of meeting held 22 September 2026.
Jammu & Kashmir Bank Limited (J&KBANK)
- Resignation/cessation: Mr. R K Chhibber — Director (rotational)
- Effective Date: 22 September 2026 (conclusion of 88th AGM)
-
Context: “Retired by rotation” under Companies Act provisions.
-
Appointment: Mr. Rajeev Gupta — Additional Director (Rotational), subject to shareholders’ approval
- Effective Date: 23 September 2026
- Context: Board approved appointment subject to shareholder approval.
Lakhotia Polyesters (India) Limited (535387)
- Appointment: Ms. Kajal Dubey — Non-Executive Independent Director
- Effective Date: 17 July 2026
- Term: 5 years
- Appointment: Mr. Murli Harishkumar Lakhotia — Non-Executive, Non-Independent Director
- Effective Date: 18 August 2026
- Context: Approved by members at AGM.
Balmer Lawrie & Co. Ltd. (BALMLAWRIE)
- Appointment: Shri Aditya Shekhar Singh — Government Nominee Director
- Effective Date: 18 March 2026 (as per filing)
- Term: upto 8 March 2029 (co-terminus basis / subject to MoPNG)
- Appointment: Adv. Dominic Tadar — Non-Executive Independent Director
- Effective Date: 18 August 2026 (from communication dated 12 August 2026)
- Term: 3 years (or until further orders)
- Appointment: CA Vivek Mittal — Non-Executive Independent Director
- Effective Date: 18 August 2026 (from communication dated 12 August 2026)
- Term: 3 years (or until further orders)
- Context: Approved at 109th AGM.
Balmer Lawrie Investments Limited (532485)
- Appointment: Shri Aditya Shekhar Singh — Government Nominee Director
- Effective Date: 13 August 2026
- Term: 3 years from nomination date (co-terminus / subject to MoPNG)
- Appointment: Shri Romon Sebastian Louis — Government Nominee Director
- Effective Date: 13 August 2026
- Term: 3 years from nomination date (co-terminus / subject to MoPNG)
- Context: Approved at 25th AGM.
MAFIA TRENDS LIMITED (543613)
- Appointment (subject to shareholder approval): Mr. Dharmesh Mithabhai Patel — Non-Executive Independent Director
- Effective Date: 28 November 2025 (commencing)
- Term: 5 years (up to 27 November 2030)
- Context: Board approved regularisation proposal.
AAYUSH ART AND BULLION LIMITED (AAYUSHBULL / 540718)
- Resignation: Mr. Piyush Parmar — Non-Executive Director
- Effective Date: 22 September 2026
- Reason (as stated): “Resignation due to personal reasons”
- Appointment: Mr. Bikash Rasily — Additional Director (Non-executive)
- Effective Date: 22 September 2026
- Context: Board meeting outcome; committees reconstituted from 22 September 2026.
Tirupati Starch & Chemicals Limited (TIRUSTA / 524582)
- Re-appointment: Mr. Yogesh Kumar Agrawal — Whole-time Director
- Effective Date: 01 January 2027
- Term: 3 years
- Re-appointment: Mr. Ramesh Chandra Goyal — Whole-time Director
- Effective Date: 28 June 2027
- Term: 3 years
- Re-appointment: Mr. Yashwant Jain Nandecha — Independent Director
- Effective Date: 07 July 2027
- Term: 5 years
- Re-appointment: Mr. Sandeep Agrawal — Independent Director
- Effective Date: 07 July 2027
- Term: 5 years
- Context: Approved at 40th AGM (21 September 2026).
GMR Power and Urban Infra Limited (GMRP&UI / 543490)
- Re-appointment: Dr. Siva Kameswari Vissa — Independent Director
- Re-appointment: Mr. Suresh Lilaram Narang — Independent Director
- Re-appointment: Dr. Satyanarayana Beela — Independent Director
- Re-appointment: Dr. Emandi Sankara Rao — Independent Director
- Effective Date: From conclusion of 7th AGM (21 September 2026) / upto 12th AGM (whichever earlier)
- Context: Shareholders approved re-appointments at 7th AGM.
Mafia Trends / Glittek / Others
- Glittek Granites Limited (513528): Multiple director appointments/regularisations including Independent Directors (Dr. Deependra Singh, Mr. Sunil Kumar Bansal, Mrs. Kavita Rakesh Shah) effective 25 June 2026 (as per filing).
- Note: These are board-level changes but not repeated here under “Key Leadership” unless explicitly CEO/CFO/COO/Chairman/MD.
OnEMI Technology Solutions Limited (KISSHT / 544754)
- Appointment (not board-level): Secretarial Auditor approved (not included in director section).
Baron Infotech Limited (532336)
- Board reconstitution (CIRP-related): Monitoring Committee took note of appointment of multiple additional directors (including Chairman & Managing Director category) effective 22 September 2026, subject to shareholder approval (as stated).
- Context: CIRP resolution plan implementation; not a routine board refresh.
4. Notable Company-Specific Situations
Ghushine Fintrrade Ocean Limited (539864)
- Simultaneous KMP churn: CFO resignation (Pavan Jain) and CFO appointment (Samyak Alok Jain) both effective 22 September 2026.
AAYUSH ART AND BULLION LIMITED (540718)
- Board composition change on same day: Non-executive director resignation (Piyush Parmar) and appointment of additional director (Bikash Rasily) both effective 22 September 2026, followed by committee reconstitution.
Glittek Granites Limited (513528)
- Clustered governance changes at AGM: Multiple director regularisations/appointments (including MD and Chairperson/WTD) approved at the same AGM (36th AGM).
5. Reappointments / Extensions (Side Notes)
Systematix Corporate Services Limited (526506)
- MD re-appointment: Nikhil Khandelwal for 3 years w.e.f. 01 September 2026.
Asian Warehousing Limited (543927)
- Chairman & MD re-appointment: Bhavik Bhimjyani for 3 years from 25 February 2027.
GMR Power and Urban Infra Limited (543490)
- Independent director re-appointments: second term of 5 years (effective from conclusion of 7th AGM / upto 12th AGM).
Capri Global Capital Limited (CGCL)
- Independent director re-appointments: second terms starting 27 January 2027.
Tirupati Starch & Chemicals Limited (524582)
- Whole-time and Independent director re-appointments: multiple tenures starting Jan/Jun/Jul 2027.