Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (for-cause resignations)
No “for cause” resignations were identified in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Skyways Air Services Ltd. (SKYWAYS)
- Change: Appointment
- Person: Mr. Yashpal Sharma
- Role: Chairman & Managing Director (CMD)
- Effective Date: 1 Jan 2027
- Context: Approved by members at AGM held 30 Sep 2026; term 1 Jan 2027 to 31 Dec 2031.
Syncom Formulations (India) Ltd. (SYNCOMF)
- Change: Appointment (confirmation/regularisation by members)
- Person: Shri Rahul Vijay Bankda
- Role: Managing Director
- Effective Date: Actual appointment w.e.f. 12 Aug 2026; confirmed by members w.e.f. 30 Sep 2026
- Context: AGM approval (30 Sep 2026) confirming MD appointment.
Commercial Syn Bags Ltd. (COMSYN)
- Change: Re-appointment
- Person: Shri Anil Choudhary
- Role: Chairman & Managing Director
- Effective Date: 20 Feb 2027
- Context: Re-appointment approved by members at AGM (29 Sep 2026); further period of 3 years.
2. Executive Management Changes (below CEO/CFO/COO)
Sagility Limited (SAGILITY)
- Resignation: Mr. Daniel B. Bailey — Global General Counsel (SMP)
- Effective Date: 2 Oct 2026
- Stated reason: “Resigned from the services of the Company due to personal reasons.”
- Appointment: Mr. Brian Clayton — Global General Counsel (SMP)
- Effective Date: 2 Oct 2026
- Context: Board approved appointment based on Nomination & Remuneration Committee recommendation.
Jubilant Ingrevia Limited (JUBLINGREA)
- Resignation: Mr. Birajeev Singh — Sr. Vice President, Supply Chain / “Chief of Supply Chain”
- Effective Date: close of business hours, 5 Nov 2026
- Stated reason (annexure): “Resigned as got better opportunity”
- Stated reason (resignation letter): “due to personal reasons.”
NHPC Limited (NHPC)
- Appointment (promotion): Shri Suresh Kumar — ED
- Effective Date: 1 Oct 2026
- Context: Filed as “Change in Senior Management Personnel (One level below the Board)” via promotion.
(Note: NHPC filing lists multiple senior management personnel with “Appointment through Promotion” but does not explicitly state separate “appointment vs resignation” events for each individual beyond the ED appointment line.)
Coffers Finvest Ltd. (COFFERS / 511543)
- Appointment: Ms. Samprati Dhadiwal — Chief Financial Officer (CFO)
- Effective Date: 1 Oct 2026
- Context: Board approved appointment on recommendation of Nomination & Remuneration Committee.
3. Board / Director Changes (Independent/NED/Additional)
Tejnaksh Healthcare Ltd. (539428)
- Re-appointment: Mr. Suhas Vasantrao Thorat (DIN: 09241231)
- Role: Independent Director
- Effective Date: AGM approval (29 Sep 2026); second term of 5 years
- Context: Approved at 18th AGM held 29 Sep 2026.
Gourmet Gateway India Ltd. (506134)
- Appointment/Re-appointment: Mr. Anubhav Dham (DIN: 02656812)
- Role: Director (Non-Independent)
- Effective Date: AGM approval (30 Sep 2026)
- Context: Re-appointment as director liable to retire by rotation.
- Regularisation: Mr. Vipul Gupta (DIN: 09064133)
- Role: Independent Director (Non-Executive)
- Effective Date: AGM approval (30 Sep 2026)
- Context: Regularised as Independent Director; earlier appointed as Additional Independent Director on 14 Aug 2026.
Tamilnad Mercantile Bank Ltd. (TMB / 543596)
- Appointment/Extension (RBI): Thiru. C.S. Ram Kumar — Additional Director
- Effective Date: 4 Oct 2026 to 3 Oct 2028 (tenure extended)
- Context: RBI order extended tenure.
- Appointment (RBI): Thiru. R. Kannan — Additional Director
- Effective Date: 4 Oct 2026 to 3 Oct 2028
- Context: RBI appointed in place of Thiru. Visvanathan Srinivasan (who ceases 4 Oct 2026).
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- Appointment (Board; subject to shareholder approval):
- Mrs. Surabhi Singh Rathod — Additional Non-Executive Independent Woman Director
- Effective Date: 1 Oct 2026 (subject to shareholders)
- Mr. Siddharth Shankar Mahajan — Additional Non-Executive Independent Director
- Effective Date: 1 Oct 2026 (subject to shareholders)
- Mrs. Gudiya Yadav — Additional Non-Executive Non-Independent Woman Director
- Effective Date: 1 Oct 2026 (subject to shareholders)
- Re-appointment/Regularisation (AGM; needs re-passing):
- AGM resolutions for the above directors were stated as not properly passed and “needs to be re-passed” (company to undertake corrective actions).
Gujarat Investa Ltd. (GUJINV / 531341)
- Appointment: Mr. Kathan Ronak Joshi (DIN: 11952378)
- Role: Additional Non-Executive Independent Director
- Effective Date: 1 Oct 2026
- Context: Board approved; subject to shareholder approval for 5 years.
Organic Coatings Ltd. (ORGCOAT / 531157)
- Appointment: Mr. Ganesh Ramanathan (DIN: 00016260)
- Role: Independent Director (Non-Executive)
- Effective Date: 14 Jul 2026
- Context: Appointed by members at AGM (29 Sep 2026).
- Appointment: Mr. Subhash Ambubhai Patel (DIN: 00535221)
- Role: Independent Director (Non-Executive)
- Effective Date: 14 Jul 2026
- Context: Appointed by members at AGM (29 Sep 2026).
Vaarad Ventures Ltd. (532320)
- Regularisation: Mr. Mahendra Jagmohan Sanghvi (DIN: 00134648)
- Role: Independent Director
- Effective Date: 30 Sep 2026
- Context: Regularised by members at 32nd AGM; term up to 30 Sep 2031.
Garodia Chemicals Ltd. (530161)
- Appointment: Mrs. Sarita Subhash Salunkhe (DIN: 11684409)
- Role: Non-Executive Non-Independent Director (filed as Additional, liable to retire by rotation)
- Effective Date: AGM approval (30 Sep 2026); appointment stated as 14 Aug 2026 in annexure
- Context: Approved at 34th AGM.
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Additional note already captured above): AGM approvals for director appointments were flagged as improperly passed and requiring re-passing.
Alfavision Overseas (India) Ltd. (ALFAVIO / 531156)
- Appointment/Regularisation: Mr. Satyam Chourasia (DIN: 11888068)
- Role: Non-Executive Independent Director
- Effective Date: 14 Aug 2026 (approved/regularised by members at AGM 30 Sep 2026)
- Context: Term of 5 years subject to shareholder approval.
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above; no further director changes in provided docs beyond the AGM re-passing issue.)
Vaarad Ventures Ltd. (532320)
- (Already included above.)
Syncom Formulations (India) Ltd. (SYNCOMF)
- Re-appointment: Smt. Ruchi Jindal (DIN: 09633465)
- Role: Woman Independent Director
- Effective Date: 28 Jun 2027
- Context: Second term approved at AGM (30 Sep 2026).
Oval Projects Engineering Ltd. (544498)
- Re-appointment: Ms. Sneha Banik (DIN: 08968107)
- Role: Whole Time Director
- Effective Date: Re-appointed at AGM on 29 Sep 2026
- Context: Re-appointed as director liable to retire by rotation.
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Commercial Syn Bags Ltd. (COMSYN)
- Re-appointment: Smt. Ranjana Choudhary (DIN: 03349699)
- Role: Whole-time Director
- Effective Date: 1 Jun 2027
- Context: Re-appointment approved by members at AGM (29 Sep 2026).
Skyways Air Services Ltd. (SKYWAYS)
- (No separate director change beyond CMD appointment in this filing.)
Citichem India Ltd. (544324)
- Resignation: Mr. Vijay Kumar Bhatt (DIN: 10046766)
- Role: Independent Director
- Effective Date: 1 Oct 2026
- Stated reason: “due to personal reasons.” (resignation letter also confirms no material reason other than stated)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- (Already included above.)
Ashtasidddhi Industries Ltd. (ASHTASIDHHI / 531341)
- Appointment: Mr. Kathan Ronak Joshi (DIN: 11952378)
- Role: Additional Non-Executive Independent Director
- Effective Date: 1 Oct 2026
- Context: Board approved; subject to shareholder approval.
- Resignation (KMP/CS): Ms. Vaishaliben Sanjaybhai Jain (ACS 75985)
- Role: Company Secretary & Compliance Officer
- Effective Date: close of business hours, 30 Sep 2026
- Context: Board “took note of resignation”.
Organic Coatings Ltd. (ORGCOAT / 531157)
- Appointment (Whole-time directors approved by members):
- Mr. Parth Meenesh Patel — Whole-time Director (effective 13 Oct 2025)
- Mr. Nikhil Sadarangani — Whole-time Director (effective 13 Oct 2025)
- (Both approvals reflected as AGM outcomes; not core CEO/CFO/COO roles.)
4. Notable Company-Specific Situations
Flexituff Ventures International Ltd. (FLEXITUFF / 533638)
- AGM voting issue: Company stated that resolutions for appointment/regularisation of directors at the AGM “were not properly passed” and “needs to be re-passed,” with corrective actions planned.
5. Reappointments / Extensions (side notes)
- Tamilnad Mercantile Bank Ltd. (TMB / 543596): RBI extended tenure of Additional Director Thiru. C.S. Ram Kumar for 2 years (from 4 Oct 2026).
- Oval Projects Engineering Ltd. (544498): Re-appointed Ms. Sneha Banik as Whole Time Director at 13th AGM (29 Sep 2026).
- Commercial Syn Bags Ltd. (COMSYN): Re-appointed Chairman & MD (Anil Choudhary) and Whole-time Director (Ranjana Choudhary) for further terms starting 20 Feb 2027 and 1 Jun 2027 respectively.
- Syncom Formulations (India) Ltd. (SYNCOMF): Re-appointment of Woman Independent Director Ruchi Jindal for second term effective 28 Jun 2027.
- Tejnaksh Healthcare Ltd. (539428): Independent Director Suhas Vasantrao Thorat re-appointed for second term of 5 years.
