India Management Changes Report

Kotak Mahindra Bank names Anup Kumar Saha CEO/MD

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

0. Critical Alerts (for-cause resignations)

  • None found in the provided filings.
    (All resignations cited “personal/unavoidable/unavoidable personal commitments” or similar wording; no governance/ethics/mismanagement “for cause” reasons were stated.)

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

Kotak Mahindra Bank Limited (KOTAKBANK)

  • Change: Appointment (CEO/MD)
  • Person: Mr. Anup Kumar Saha (DIN: 07640220)
  • Role: Managing Director & CEO
  • Effective Date: January 1, 2027
  • Context: Board appointed him for 3 years, subject to member approval (RBI approval referenced).

  • Change: Re-appointment

  • Person: Mr. Pradeep Natarajan (not applicable here—belongs to IDFC FIRST Bank; excluded)

  • Change: Re-appointment (Independent Director, not in scope for “key leadership”)

  • (Excluded from this section per your role filter.)

IDFC FIRST Bank Limited (IDFCFIRSTB)

  • Change: Re-appointment
  • Person: Mr. Pradeep Natarajan (DIN: 10499651)
  • Role: Whole-Time Director (Executive Director)
  • Effective Date: June 1, 2027 (term for 3 years)
  • Context: Re-appointed for 3 years, subject to RBI and regulatory approvals.

  • Change: Appointment (Chairperson)

  • Person: Mr. S. Ganesh Kumar (DIN: 07635860)
  • Role: Part-Time Non-Executive Chairperson (Independent Director)
  • Effective Date: May 10, 2027
  • Context: Appointment following expiry of Mr. Sanjeeb Chaudhuri’s term; subject to RBI/regulatory approvals.

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

Stratmont Industries Limited (530495)

  • Appointment: Mr. Arjun Kharva — CFO (KMP)
  • Effective Date: 24th October, 2026
  • Appointment: Ms. Tejashree Sonar — Company Secretary & Compliance Officer (KMP)
  • Effective Date: 24th October, 2026

Goyal Associates Limited (530663)

  • Resignation: Ms. Munige Radhika — CFO
  • Effective Date: 24th October, 2026 (after close of business hours)
  • Appointment: Mr. Ajay Solanki — CFO (additional-charge)
  • Effective Date: 25th October, 2026

Seemax Resources Limited (544813)

  • Resignation: Mr. Sanjay Chindu Patil — CFO
  • Effective Date: conclusion of business hours, 24th October, 2026
  • Stated reason: “Due to Personal Reason”

CWD Limited (543378)

  • Appointment: CS Muskan Kachhawaha — Company Secretary & Compliance Officer
  • Effective Date: 24th October, 2026

S V Global Mill Limited (535621)

  • Appointment: Sri K. Vijayasarathi — CFO
  • Effective Date: 26th October, 2026

Horizon Industrial Parks Limited (544880)

  • Resignation: Mr. Mitesh Vishnu Garg — Executive Vice President – IT (SMP)
  • Effective Date: 31st October, 2026
  • Stated reason: “To pursue new challenges and opportunities outside the company”

Fluidomat Limited (522017)

  • Change (designation within executive roles):
  • Mrs. Radhica Sharma — from Jt. Managing Director to Managing Director (w.e.f. 24th October, 2026; remaining tenure until 9th February, 2028)
  • Mr. Kunal Jain — from Executive Director to Joint Managing Director (w.e.f. 24th October, 2026; remaining tenure until 30th April, 2029)
  • (Appointment of Mrs. Pramila Jain as Executive Director is covered under directors below.)

North Eastern Carrying Corporation Limited (534615)

  • Change (designation): Mr. Utkarsh Jain
  • From: Whole-time Director (Executive)
  • To: Non-Executive, Non-Independent Director
  • Effective Date: 24th October, 2026
  • Context: due to “on-going commitments and responsibilities in external assignments.”

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

Fluidomat Limited (522017)

  • Appointment: Mrs. Pramila Jain (DIN: 12011353) — Additional Director; Whole-time Director designated as Executive Director
  • Effective Date: 24th October, 2026
  • Term: 3 years (to 23rd October, 2029)
  • Context: Board approved on 24th October, 2026; subject to member approval.

Stratmont Industries Limited (530495)

  • Appointment: Mr. Arjun Kharva (DIN: 12017552) — Additional Director (Executive Director category)
  • Effective Date: 24th October, 2026
  • Context: subject to required approvals (member approval referenced).

Scintilla Commercial & Credit Limited (538857 / 029467)

  • Resignation (Independent Directors):
  • Mrs. Pooja Kalanouria (DIN: 09056683) — Non-Executive Independent Director
  • Mrs. Ritu Agarwal (DIN: 08143534) — Non-Executive Independent Director
  • Mrs. Meena Agarwal (DIN: 11276790) — Non-Executive Independent Director
  • Effective Date: close of business hours, 24th October, 2026
  • Stated reason (common): “unavoidable circumstances” / “unavoidable personal commitments” (as per confirmations)
  • Resignation (Non-Independent Director):
  • Ms. Manisha Khandelwal (DIN: 10299567) — Non-Executive Director
  • Effective Date: close of business hours, 24th October, 2026
  • Stated reason: “pre-occupation in other assignments”

Arco Leasing Limited (511038)

  • Resignation: Mr. Keyur Atul Shah (DIN: 09420459) — Non-Executive Independent Director
  • Effective Date: close of business hours, 22nd October, 2026
  • Stated reason: “Personal and Professional reasons”

Decillion Finance Limited (539190 / 013097)

  • Resignation (Independent Directors):
  • Mrs. Pooja Kalanouria (DIN: 09056683)
  • Mr. Vidhu Bhushan Verma (DIN: 00555238)
  • Effective Date: close of business hours, 24th October, 2026
  • Stated reason (common): “unavoidable personal circumstances/commitments” (as per confirmations)

Home First Finance Company India Limited (543259)

  • Appointment: Mr. Vineet Taneja (DIN: 07567421) — Additional Non-Executive Independent Director
  • Effective Date: 24th October, 2026
  • Term: 5 years (subject to shareholder approval)
  • Context: Board circular resolution approval.

Chembond Chemicals Limited (544450)

  • Appointment: Mrs. Mamta Nirmal Shah (DIN: 07831153) — Non-Executive Non-Independent Director
  • Effective Date: 24th October, 2026
  • Context: Board approved; postal ballot notice also referenced for member approval.

Dipna Pharmachem Limited (543594)

  • Note: The provided Dipna filings relate to board meeting dated 10th August, 2026 (not “last 24 hours” leadership changes).
  • No new director changes clearly dated 24th Oct, 2026 were included in the provided Dipna content.

DIPNA PHARMACHEM LIMITED (543594)

  • (Excluded from “last 24 hours” changes due to mismatch in meeting date in the provided documents.)

4. Notable Company-Specific Situations (within-company clustering)

Scintilla Commercial & Credit Limited (538857 / 029467)

  • Clustered board exits: 4 directors resigned on the same day (3 Independent + 1 Non-Independent), effective close of business hours on 24th October, 2026.

Decillion Finance Limited (539190 / 013097)

  • Clustered board exits: 2 Independent directors resigned on the same day (effective close of business hours, 24th October, 2026).

Goyal Associates Limited (530663)

  • CFO transition: CFO resignation (24th Oct) followed by appointment of a new CFO on additional-charge basis from 25th Oct.

5. Reappointments / Extensions (side notes)

IDFC FIRST Bank Limited (IDFCFIRSTB)

  • Re-appointment: Mr. Pradeep Natarajan — Whole-Time Director (Executive Director) for 3 years (from June 1, 2027).

Kotak Mahindra Bank Limited (KOTAKBANK)

  • Appointment: Mr. Anup Kumar Saha as MD & CEO (from Jan 1, 2027, 3 years; subject to member approval).
  • Re-appointment: Ms. Ashu Suyash as Independent Director for 3 years (from Jan 24, 2027 to Jan 23, 2030) (not in your “key leadership” filter but included as it is a board extension).

If you want, I can also provide a one-line “changes count” per company (appointments vs resignations) for quick scanning.