Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (Highest Priority)
No “for cause” resignations were explicitly stated in the provided filings (i.e., no resignation reasons citing governance/ethics/mismanagement/lack of access/disagreements).
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)
GHV Infra Projects Limited (Scrip: 505504)
- Change: Appointment (CFO)
- Person: Mr. Salim Yahoo
- Role: Chief Financial Officer (Key Managerial Personnel)
- Effective Date: October 22, 2026
- Context: Board approved appointment based on recommendations of Nomination & Remuneration Committee and Audit Committee.
JMJ Fintech Limited (Scrip: 538834)
- Change: Re-designation / Appointment (Chairman & MD)
- Person: Mr. Joju Madathumpady Johny (DIN: 02712125)
- Role: Chairman & Managing Director
- Effective Date: December 09, 2026 (subject to Postal Ballot approval)
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Context: Board approved re-appointment and re-designation from Managing Director to Chairman & Managing Director.
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Change: Re-designation (Executive Director)
- Person: Mr. Johny Madathumpady Lonappan (DIN: 00017895)
- Role: Executive Director (Whole-time Director)
- Effective Date: December 01, 2026 (subject to Postal Ballot approval)
- Context: Re-designation from Executive Chairman (WTD) to Executive Director.
2. Executive Management Changes (senior executives below CEO/CFO/COO)
Lupin Limited (LUPIN)
- Appointment: Mr. Brian Savage as President, Chief Legal Officer
- Effective Date: October 22, 2026
- Context: Oversees Global Legal, Compliance and IP functions.
Pitti Engineering Limited (PITTIENG)
- Re-designation: Shri Sandip Agarwala — COO (Motor & Generator Components Business) → Deputy Chief Executive Officer
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Effective Date: October 22, 2026
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Re-designation: Shri Chaitra Sundaresh — Deputy COO → COO (Motor & Generator Components Business)
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Effective Date: October 22, 2026
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Appointment/Promotion: Shri Avinash Arun Patil — President (Maharashtra Operations) → Deputy Chief Operating Officer
- Effective Date: October 22, 2026
Capillary Technologies India Limited (CAPILLARY)
- Appointment: Mr. William Swift as President – Americas Region (Senior Management Personnel)
- Effective Date: October 22, 2026
- Context: To oversee operations across US/Canada/Mexico/Central & South America.
Adani Energy Solutions Limited (ADANIENSOL)
- Appointment: Mr. Arvind Sharma as Chief Information Security Officer (CISO)
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Effective Date: October 22, 2026
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Appointment: Mr. Rahul Bhutiani as Chief – Strategic Customer Acquisition
- Effective Date: October 22, 2026
Max Estates Limited (MAXESTATES)
- Resignation: Mr. Dharmender Kumar — Director & Chief Corporate Affairs Officer (Senior Management)
- Effective Date: Close of business hours, October 21, 2026
- Context: Resignation to pursue a new professional opportunity.
Elantas Beck India Limited (500123)
- Resignation: Mr. Sanjay Kulkarni — Chief Financial Officer (CFO) & KMP
- Effective Date: October 21, 2026
- Context: Resigned to “focus on personal priorities & commitments.”
Ashok Leyland Limited (ASHOKLEY)
- Resignation: Mr. Raja Radhakrishnan — Head (Special Projects – Human Resource) (Senior Management Personnel)
- Effective Date: Close of business hours, October 21, 2026
- Context: Resignation (no further reason stated in the filing text).
3. Board / Director Changes (Independent / Non-executive / Additional directors)
GHV Infra Projects Limited (505504)
- Resignation: Mr. Ravi Kumar Seth (DIN: 02427404) — Independent Director
- Effective Date: Close of business hours, October 22, 2026
- Context: Also ceased to be member of Audit Committee and Nomination & Remuneration Committee.
HDB Financial Services Limited (HDBFS)
- Re-appointment: Mr. Jayesh Chakravarthi (DIN: 08345495) — Independent Director
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Effective Date: January 25, 2027 to January 24, 2032
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Re-appointment: Ms. Arundhati Mech (DIN: 09177619) — Independent Director
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Effective Date: February 11, 2027 to February 10, 2030
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Appointment: Mr. Jimmy Tata (DIN: 06888364) — Additional (Non-Executive) Director (Nominee of HDFC Bank)
- Effective Date: October 22, 2026 to July 31, 2028
Balmer Lawrie & Company Limited (BALMLAWRIE)
- Appointment: Shri Durg Vijay Singh Deo (DIN: 12005387) — Additional Non-Executive Director in designation of Independent Director
- Effective Date: October 22, 2026 (until next General Meeting; subject to shareholder approval)
Neelkanth Rock-Minerals Limited (NEELKAN)
- Appointment: Mr. Swapan Mohit Goli (DIN: 12006048) — Additional Director & Whole-time Director (Executive Director)
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Effective Date: October 21, 2026 (for 5 years; subject to member approval)
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Appointment: Mr. Mahendra Kumar (DIN: 12004279) — Additional Non-Executive Non-Independent Director
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Effective Date: October 21, 2026
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Appointment: Mr. Ankur Khedar (DIN: 11768298) — Additional Non-Executive Independent Director
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Effective Date: October 21, 2026 (for 5 years; subject to member approval)
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Appointment: Ms. Pravita Khandelwal (DIN: 10831291) — Additional Non-Executive Independent Director
- Effective Date: October 21, 2026 (for 5 years; subject to member approval)
Responsive Industries Limited (RESPONIND)
- Resignation: Mr. Sanjiv Swarup (DIN: 00132716) — Independent Director
- Effective Date: October 22, 2026
- Context: Resignation letter cites “personal and professional reasons… and statutory limitation on number of companies/directorships.”
Veer Global Infraconstruction Limited (543210)
- Resignation: Mr. Subodh Jain (DIN: 09203940) — Independent Director
- Effective Date: Close of business hours, October 22, 2026
- Context: Resignation due to “pre-occupation with other personal and professional commitments” (also stepped down from committee roles and Vigilance Officer under whistle-blower policy).
JMJ Fintech Limited (538834)
- Board changes are captured under Key Leadership above (Chairman & MD re-designation; Executive Chairman → Executive Director).
Mitshi India Limited (MITSHI)
- Resignation (KMP): CFO resignation (not a director change), see Section 2.
Shivamshree Businesses Limited (538520)
- Resignation: Mrs. Arunaben Prafulkumar Bavishiya (DIN: 07385551) — Director
- Effective Date: Close of business hours, October 22, 2026
- Context: Resignation due to “other pre-existing commitments.”
Amit Securities Limited
- Tenure completion (Independent Director): Mr. Pradeep Kumar Sharma (DIN: 09296525)
- Effective Date: Tenure completed (intimation dated October 22, 2026)
- Context: Completion of tenure as Independent Director (no resignation stated).
Bharat Heavy Electricals Limited (BHEL)
- Appointment: Shri Manepalli Sridhar — Director (Human Resources)
- Effective Date: October 22, 2026
- Context: Assumed charge; tenure until superannuation (31.08.2028) or earlier.
4. Notable Company-Specific Situations
GHV Infra Projects Limited (505504)
- Clustering: Same board meeting approved CFO appointment (Salim Yahoo) and Independent Director resignation (Ravi Kumar Seth) effective the same day (Oct 22, 2026).
JMJ Fintech Limited (538834)
- Clustering: Multiple director re-designations approved together (Executive Chairman → Executive Director; Managing Director → Chairman & MD), with both effective dates in December 2026 and subject to Postal Ballot.
5. Reappointments / Extensions (side notes)
HDB Financial Services Limited (HDBFS)
- Re-appointment: Independent directors Jayesh Chakravarthi (5 years) and Arundhati Mech (3 years) with start dates in Jan/Feb 2027.
If you want, I can also provide a separate appendix listing all CFO/CFO-KMP resignations and internal auditor appointments from these filings (not limited to the strict CEO/CFO/COO/Chairman/MD set).