India Management Changes Report

CEO and CFO Turnover at Afloat Enterprises

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

0. Critical Alerts (for-cause resignations)

  • None identified in the provided filings.
    (All resignations cited “personal reasons/medical reasons/professional commitments/other opportunities” without governance/ethical/mismanagement allegations.)

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

Afloat Enterprises Limited (Formerly Adishakti Loha and Ispat Limited) (BSE: 543377)

  • Change: Resignation (CEO & CFO)
  • Person: Ms. Anshu Aggarwal
  • Role: CEO & CFO (KMP)
  • Effective Date: Close of business hours, Oct 14, 2026 (immediate effect stated)
  • Context: Resigned “due to personal reasons” (no other material reasons stated).

  • Change: Appointment (CEO)

  • Person: Mr. Ashish Kumar
  • Role: CEO (KMP)
  • Effective Date: Oct 14, 2026
  • Context: Board approved appointment with immediate effect.

Net Pix Shorts Digital Media Limited (BSE: 543247)

  • Change: Appointment (CFO)
  • Person: Mr. Ritesh Tiwari
  • Role: CFO (also stated as Managing Director of the company)
  • Effective Date: Oct 14, 2026
  • Context: Board approved appointment of MD as CFO with effect from Oct 14, 2026.

NIIT Limited (BSE: 500304)

  • Change: Resignation (CEO)
  • Person: Mr. Pankaj Prabhakar Jathar
  • Role: CEO (KMP)
  • Effective Date: Oct 14, 2026 (resignation accepted effective Oct 14; relieved by close of business hours Oct 22, 2026)
  • Context: Resigned “as he wishes to pursue other interests.”

  • Change: Appointment (CEO)

  • Person: Mr. Anish Kumar Sarkar
  • Role: CEO (KMP)
  • Effective Date: Oct 14, 2026
  • Context: Appointed as CEO and KMP w.e.f. Oct 14, 2026.

PRO CLB Global Limited (BSE: 540703)

  • Change: Appointment (CEO)
  • Person: Mr. Het Kalpeshkumar Shah
  • Role: CEO (additional responsibility; existing Director)
  • Effective Date: Oct 14, 2026
  • Context: Board approved appointment of existing Director as CEO w.e.f. Oct 14, 2026.

  • Change: Resignation (CEO)

  • Person: Mr. Monil Navinchandra Vora
  • Role: CEO
  • Effective Date: Oct 14, 2026
  • Context: Resigned “due to his other professional opportunities and commitments.”

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

Muthoot Capital Services Limited (BSE: 511766)

  • Resignation: Mrs. Umadevi Pazhoor Unnikrishnan
  • Role: Chief Risk Officer
  • Effective Date: Close of business hours, Oct 14, 2026
  • Context: Resigned “due to personal reasons.”

JTL Defence Limited (BSE: 537254)

  • Resignation: Mr. Ankit Singla
  • Role: Company Secretary & Compliance Officer (KMP)
  • Effective Date: Close of business hours, Oct 13, 2026
  • Context: Resignation recorded (no reason stated in the outcome; resignation letter attached).
  • Resignation: Mr. Naveen Kumar Laroiya
  • Role: Chief Financial Officer (KMP)
  • Effective Date: Close of business hours, Oct 13, 2026
  • Context: Resigned “due to personal reasons” (no other material reason stated).
  • Appointment: Ms. Devangna Jain
  • Role: Company Secretary & Compliance Officer (KMP)
  • Effective Date: Oct 14, 2026
  • Context: Board appointment with immediate effect.
  • Appointment: Mr. Saurabh Jain
  • Role: Chief Financial Officer (KMP)
  • Effective Date: Oct 14, 2026
  • Context: Board appointment with immediate effect.

Suraksha Diagnostic Limited (BSE: 544293)

  • Appointment: Ms. Shreya Arora
  • Role: Company Secretary & Compliance Officer
  • Effective Date: Oct 14, 2026
  • Context: Board approved appointment w.e.f. Oct 14, 2026.

Afloat Enterprises Limited (BSE: 543377)

  • Appointment: Ms. Seema Kushwaha
  • Role: Company Secretary & Compliance Officer (KMP)
  • Effective Date: Oct 14, 2026
  • Context: Board approved appointment w.e.f. Oct 14, 2026.

3. Board / Director Changes (Independent/NED/Additional)

Texel Industries Limited (BSE: 526638)

  • Resignation: Mr. Naresh Ramniklal Mehta
  • Role: Non-Executive Non-Independent Director
  • Effective Date: Close of business hours, Oct 14, 2026
  • Context: Resigned “due to personal and professional reasons.”

INDO-MIM Limited (BSE: 544837)

  • Re-appointment: Mrs. Rajni Anil Mishra
  • Role: Non-Executive Independent Director
  • Effective/Term: Mar 30, 2027 to Mar 29, 2032 (subject to shareholder approval via postal ballot)
  • Re-appointment: Mrs. Meera Shankar
  • Role: Non-Executive Independent Director
  • Effective/Term: Mar 30, 2027 to Mar 29, 2032 (subject to shareholder approval)
  • Re-appointment: Mrs. Sujitha Karnad
  • Role: Non-Executive Independent Director
  • Effective/Term: Mar 30, 2027 to Mar 29, 2032 (subject to shareholder approval)

Vineet Laboratories Limited (BSE: 543298)

  • Appointment: Mr. Avula Navaneeswara Reddy
  • Role: Additional Director (Non-Executive Non-Independent)
  • Effective Date: Oct 14, 2026 (subject to member approval)
  • Context: Circular resolution approval; subject to shareholders’ approval at next general meeting.

CEAT Limited (BSE: 500878)

  • Appointment: Mr. Sumeet Narang
  • Role: Additional Director (Non-Executive Independent)
  • Effective/Term: Oct 14, 2026 to Oct 13, 2031 (subject to shareholder approval)
  • Context: Board approved appointment for a consecutive 5-year term.

Bajaj Consumer Care Limited (BSE: 533229)

  • Appointment: Mr. Jitendra Ananda Mahajan
  • Role: Additional Director (Non-Executive Independent)
  • Effective/Term: Oct 14, 2026 for 5 years (subject to shareholder approval)
  • Resignation: Mr. K. S. Narayanan
  • Role: Non-Executive Independent Director
  • Effective Date: Close of business hours, Oct 14, 2026
  • Context: Resigned “due to personal medical reasons and professional commitments.”

Indiqube Spaces Limited (BSE: 544454)

  • Resignation: Mr. Avalur Gopalaratnam Muralikrishnan
  • Role: Independent Director
  • Effective Date: Close of business hours, Oct 19, 2026
  • Context: Resigned “due to health reasons.”

Paragon Finance Limited (BSE: 531255)

  • Appointment: Mrs. Deepa Kumari Saha
  • Role: Additional Director (Non-Executive Independent)
  • Effective Date: Oct 14, 2026
  • Context: Board approved appointment w.e.f. Oct 14, 2026.

Shahi Shipping Limited (BSE: 526508)

  • Appointment: Ms. Reshma Ram Sanjivan Yadav
  • Role: Additional Director (Non-Executive Independent)
  • Effective Date: Oct 14, 2026 (subject to shareholder approval)
  • Context: Board approved appointment based on N&R committee recommendation.

Infomedia Press Limited (BSE: 509069)

  • Resignation: Mr. Karanvir Singh Gill
  • Role: Director
  • Effective Date: Oct 14, 2026
  • Context: Resigned “due to other professional commitments.”

Farm Peace Limited (BSE: 544905)

  • No director change reported in the provided filing (board approved auditors/auditor appointments).

Infomedia Press / Vineet / others

  • Vineet Laboratories: director resignation/cessation also referenced in another filing (Document 23) but not treated as a board change here beyond the provided “Additional Director” appointment (Document 5).

4. Notable Company-Specific Situations

Afloat Enterprises Limited (BSE: 543377)

  • Clustered leadership exits and replacements on the same day:
  • CEO & CFO (Ms. Anshu Aggarwal) resigned effective Oct 14, 2026
  • Non-executive director (Mr. Pawan Kumar Mittal) resigned effective Oct 14, 2026
  • CEO appointed (Mr. Ashish Kumar) effective Oct 14, 2026
  • Company Secretary appointed (Ms. Seema Kushwaha) effective Oct 14, 2026

NIIT Limited (BSE: 500304)

  • CEO transition effective immediately: resignation accepted Oct 14, 2026 with appointment of new CEO also w.e.f. Oct 14, 2026.

5. Reappointments / Extensions (Side Notes)

INDO-MIM Limited (BSE: 544837)

  • Re-appointment of three Independent Directors for 5-year terms from Mar 30, 2027 to Mar 29, 2032 (subject to postal ballot approval).

CEAT Limited (BSE: 500878)

  • Appointment of an Independent Director for a 5-year term (Oct 14, 2026 to Oct 13, 2031) subject to shareholder approval.