Daily Management Changes Report (BSE filings – last 24 hours)
0. Critical Alerts (Resignations “for cause”)
No “for cause” resignations were found in the provided filings (i.e., no resignation reasons citing governance/ethics/mismanagement, lack of information, or similar adverse allegations).
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD only)
Heranba Industries Limited (HERANBA)
- Change: Resignation (CFO & KMP)
- Person: Mr. Pravin Shetty
- Role: Chief Financial Officer (CFO) & Key Managerial Personnel (KMP)
- Effective Date: Close of business hours, Dec 31, 2026
- Context: Resignation due to “Personal and Family Commitments”.
Suncity Synthetics Limited (530795)
- Change: Appointment (CFO)
- Person: Mrs. Vidhi Bafna
- Role: Chief Financial Officer (CFO)
- Effective Date: Oct 26, 2026
- Context: Appointment to comply with Companies Act 2013 and SEBI LODR Regulations.
- Change: Resignation (CFO)
- Person: Mr. Suresh Dhanraj Kawarjain
- Role: Chief Financial Officer (CFO)
- Effective Date: Close of business hours, Oct 26, 2026
- Context: Resigned due to “pre-occupation and other personal reasons.”
Adinath Exim Resources Ltd / Trustedge Capital Limited (532056)
- Change: Appointment (CFO)
- Person: Mr. Suraj Bhadoriya
- Role: Chief Financial Officer (CFO) & KMP
- Effective Date: Oct 26, 2026
- Context: Board approved appointment effective from 26th October 2026.
Suncity Synthetics Limited (530795)
- Change: Appointment (Additional Director – not a key leadership role, excluded from this section)
2. Executive Management Changes (senior executives below CEO/CFO/COO)
R Systems International Limited (RSYSTEMS)
- Appointment: Mr. Vikas Basra as Chief AI Officer (Senior Management Personnel)
- Effective Date: Oct 26, 2026
Amara Raja Energy & Mobility Limited (ARE&M)
- Appointment: Mr. Preetam Ganguly as Chief Business Officer – Industrial (SMP)
- Effective Date: Oct 26, 2026
- Context: Takes over from Mr. Venkata Krishna M M, who will superannuate (succession plan).
Five-Star Business Finance Limited (FIVESTAR)
- Appointment: Mr. Shankar Subramanian as Chief Risk Officer (SMP)
- Effective Date: Oct 26, 2026
- Context: Replaces Mr. Jayaraman S, who stepped down due to internal movement.
BGR Energy Systems Limited (BGRENERGY)
- Appointment: Mr. Harish Gupta as President – Finance and Strategy (SMP)
- Effective Date: Oct 26, 2026
Tata Consumer Products Limited (TATACONSUM)
- Appointment: Mr. Sunil Lobo as President & Head – India Sales (SMP)
- Effective Date: Dec 1, 2026
- Context: Upon movement of Mr. Punit Gupta to President & Head – Strategy & Business Transformation.
- Cessation: Mr. Mahesh Israni as Head – Business Integration & Transformation (SMP)
- Effective Date: Jan 31, 2027
- Context: Retirement.
Evonile Pharma Limited (formerly Novartis India Limited) (500672)
- Appointment/Designation: Mr. Gagan Sharma (President – Specialty Business) designated as Senior Management Personnel
- Effective Date: Oct 26, 2026
Automotive Stampings and Assemblies Limited (ASAL)
- Change: Appointment withdrawn (candidature withdrawn)
- Person: Mr. Prafullkumar Hulsure (Head – IT & Digital)
- Effective Date: Oct 26, 2026
- Context: Company received communication of inability to join; candidature withdrawn.
HD Fire Protect Limited (HDFIRE)
- Appointment: Mr. Vikrant Sharma as Deputy General Manager – Product Management (SMP)
- Effective Date: Nov 1, 2026
3. Board / Director Changes (Independent/NED/Additional Directors)
Ravinder Heights Limited (RVHL)
- Appointment: Mr. Vineet Kumar Shrivastava as Additional Independent Director
- Effective Date: Oct 26, 2026
- Term: 5 years, subject to shareholder approval
Aavas Financiers Limited (AAVAS)
- Resignation: Mrs. Soumya Rajan as Non-Executive Independent Director
- Effective Date: Close of business hours, Oct 26, 2026
- Context: Resigned due to increasing professional commitments (Waterfield Advisors); confirmed no other material reasons.
- Appointment: Ms. Anjali Karamnarayan Seth as Additional Director (Non-Executive Independent)
- Effective Date: Oct 27, 2026
- Term: 5 years, subject to shareholder approval
Baazar Style Retail Limited (STYLEBAAZA)
- Resignation: Mr. Rishabh Narendra Jain as Non-Executive Independent Director
- Effective Date: Oct 26, 2026
- Context: Growing professional commitments and other engagements.
BGR Energy Systems Limited (BGRENERGY)
- Appointment: Mr. Ram Naresh Singh Tomar as Additional Director (Whole-Time Director)
- Effective Date: Oct 26, 2026
- Term: 5 years, subject to shareholder approval
Suncity Synthetics Limited (530795)
- Appointment: Ms. Prajakta Vijay Joshi as Additional Director (Non-Executive Non-Independent)
- Effective Date: Oct 26, 2026
4. Notable Company-Specific Situations (within-company clustering)
Aavas Financiers Limited (AAVAS)
- Cluster of changes on the same day (Oct 26, 2026):
- Resignation of Independent Director (Mrs. Soumya Rajan)
- Resignation of Head of Internal Audit (Mr. Ramachandran Venkatesh)
- Appointment of Additional Independent Director (Ms. Anjali Karamnarayan Seth)
- Appointment of Head of Internal Audit (Mr. Bharat Chamanlal Thakkar)
Suncity Synthetics Limited (530795)
- CFO transition on the same day (Oct 26, 2026):
- CFO resignation (Mr. Suresh Dhanraj Kawarjain)
- CFO appointment (Mrs. Vidhi Bafna)
5. Reappointments / Extensions (side notes)
No CEO/CFO/COO/Chairman/MD reappointments or extensions were explicitly stated in the provided filings (beyond fresh appointments and resignations).