Daily Management Change Report (Last 24 hours)
0. Critical Alerts (for-cause resignations)
No “for cause” resignations with governance/ethics/mismanagement-type reasons were found in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Diamond Power Infrastructure Limited (522163)
- Change: Appointment (COO / SMP)
- Person: Mr. Ashwani Saraf
- Role: Chief Operating Officer (COO) & Senior Management Personnel (SMP)
- Effective Date: October 3, 2026
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Context: Board approved appointment as COO/SMP.
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Change: Cessation (COO / SMP)
- Person: Mr. Kalpesh Patel
- Role: Chief Operating Officer (COO) & SMP
- Effective Date: close of business hours, October 3, 2026
- Context: Ceased due to health reasons (“inability to continue… on account of health reasons”).
ACME Solar Holdings Limited (544283)
- Change: Appointment (Joint MD)
- Person: Mr. Nikhil Dhingra
- Role: (Joint) Managing Director
- Effective Date: October 3, 2026 (to October 2, 2031)
- Context: Board appointment for 5 years; CEO continues (“Mr. Dhingra continues as Chief Executive Officer”).
Hindusthan Insulators & Industries Limited (539984)
- Change: Resignation (CFO)
- Person: Mr. Shailendra Jhalani
- Role: Chief Financial Officer (CFO)
- Effective Date: October 3, 2026
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Context: Resigned “consequent to his proposed appointment as a Whole-time Director… with effect from October 04, 2026.”
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Change: Appointment (Whole-time Director / Deputy MD)
- Person: Mr. Shailendra Jhalani
- Role: Whole-time Director (designated as Deputy Managing Director) & KMP
- Effective Date: October 4, 2026 (to October 3, 2029)
- Context: Board approved appointment as Whole-time Director (subject to member approval).
Gujarat Credit Corporation Limited (511441)
- Change: Re-appointment (MD)
- Person: Mr. Amam Shreyans Shah
- Role: Managing Director
- Effective Date: September 30, 2026 (tenure stated as 5 years; 04 Sep 2026 to 03 Sep 2031)
- Context: AGM approval for re-appointment.
RCC Cements Limited (531825)
- Change: Re-appointment (MD)
- Person: Mr. Sachin Garg
- Role: Managing Director
- Effective Date: July 8, 2027 to July 7, 2032
- Context: AGM approved second term of 5 years.
2. Executive Management Changes (below CEO/CFO/COO)
CMR Green Technologies Limited (544777)
- Resignation: Mr. Yugal Kishor Garg
- Role: Chief Financial Officer (CFO) & KMP
- Effective Date: October 23, 2026
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Context: Resignation due to “personal commitments and priorities.”
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Appointment (proposed / subject to Board approval): Mr. Satish Kumar Kaushik
- Role: President – Finance → proposed designation as CFO & KMP
- Effective Date: President Finance from September 28, 2026; CFO designation in November 2026 (subject to Board approval)
- Context: Company proposes designation as CFO/KMP in ensuing Board meeting.
3. Board / Director Changes (Independent / Non-executive / Additional)
Clara Industries Limited (543435)
- Appointment: Ms. Noor Kukreja
- Role: Non-Executive Director & Chairperson
- Effective Date: September 29, 2026
- Context: Approved by members at AGM.
G.S. Auto International Limited (513059)
- Appointment: Mr. Joga Singh
- Role: Independent Director
- Effective Date: August 29, 2026 (term to August 28, 2031)
- Appointment: Mr. Vineet Gupta
- Role: Independent Director
- Effective Date: August 29, 2026 (term to August 28, 2031)
Filatex Fashions Limited (532022)
- Appointment: Mr. Pratik Bharatbhai Panchal
- Role: Non-Executive Independent Director
- Effective Date: July 7, 2026 (term to July 6, 2031)
- Appointment: Ms. Smitaben Suthar
- Role: Non-Executive Independent Director
- Effective Date: July 17, 2026 (term to July 16, 2031)
Filatex Fashions Limited (532022)
- Change in designation (Director): Mr. Rutvikbhai Mukeshbhai Beladiya
- Role: Non-Executive Non-Independent Director → Joint Managing Director
- Effective Date: September 30, 2026 (term 5 years, liable to retire by rotation)
- Context: Approved by members at AGM.
Galaxy Surfactants Limited (540935)
- Appointment: Mr. Uday K. Kamat
- Role: Additional Non-Executive, Non-Independent Director
- Effective Date: October 5, 2026 (subject to shareholder approval)
- Context: Board approved appointment as Additional Director.
Prime Fresh Limited (540404)
- Resignation: Mr. Gaurav R. Meena
- Role: Independent Director
- Effective Date: close of business hours, October 3, 2026
- Context: Resigned due to “pre-occupations and other commitments”; company also confirmed “no material reasons other than those mentioned.”
Ravinder Heights Limited (543251)
- Resignation: Mr. Namdeo Narayan Khamitkar
- Role: Independent Director
- Effective Date: close of business hours, October 3, 2026
- Context: Resignation due to “age and health reasons.”
GDL Leasing & Finance Limited (530855)
- Appointment: Mr. Pankaj Bansal
- Role: Independent Director
- Effective Date: Effective from date of initial appointment (term approved for 5 years; AGM approval referenced)
- Context: AGM approved appointment/regularization via special resolution.
Gallard Steel Limited (544616)
- Appointment: Shri Praveen Sinha
- Role: Non-Executive Independent Director
- Effective Date: September 8, 2026 (term to September 7, 2031)
- Appointment: Shri Habib Khandwala
- Role: Non-Executive Independent Director
- Effective Date: September 8, 2026 (term to September 7, 2031)
Hindusthan Insulators & Industries Limited (539984)
- Appointment: Mr. Mool Chand Gauba
- Role: Additional Director (Non-Executive Independent) → Independent Director (first term)
- Effective Date: October 3, 2026 (additional director until next GM / 3 months, whichever earlier); independent term Oct 3, 2026 to Oct 2, 2031 (subject to member approval)
- Context: Board approved appointment.
4. Notable Company-Specific Situations
Hindusthan Insulators & Industries Limited (539984)
- Clustered CFO transition: CFO resignation (Oct 3, 2026) followed by same person’s appointment as Whole-time Director/Deputy MD (from Oct 4, 2026), indicating an internal role shift rather than an external replacement.
Diamond Power Infrastructure Limited (522163)
- Same-day COO/SMP change: COO/SMP cessation (Kalpesh Patel) and COO/SMP appointment (Ashwani Saraf) both effective October 3, 2026.
5. Reappointments / Extensions (Side Notes)
Gujarat Credit Corporation Limited (511441)
- MD re-appointment: Mr. Amam Shreyans Shah for 5 years (tenure stated 04 Sep 2026 to 03 Sep 2031).
RCC Cements Limited (531825)
- MD re-appointment: Mr. Sachin Garg for 5 years (July 8, 2027 to July 7, 2032).
Clara Industries Limited (543435)
- MD re-appointment: Ms. Parry Kukreja re-appointed as Managing Director for 5 years effective September 29, 2026 (term length stated in filing).