Daily Management Change Report (BSE filings – last 24 hours)
0. Critical Alerts (Highest Priority)
No “for cause” resignations/removals with governance/ethical/mismanagement-type reasons were found in the provided filings.
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
Bank of Maharashtra (532525)
- Change: Appointment (Executive Director)
- Person: Shri Sushanta Kumar Mohanty
- Role: Executive Director (ED) on the Board
- Effective Date: Assumed charge 15.04.2026
- Context: Appointed by Government of India/DFS notification; tenure three years from assumption (or until further orders).
PTC India Limited (532524)
- Change: Appointment (Chairman)
- Person: Sh. Sukhdev Singh
- Role: Non-Executive Chairman
- Effective Date: w.e.f. date of receipt of consent of CMDs of all four promoter companies (as per filing)
- Context: Board appointed existing Independent Director as Non-Executive Chairman following bifurcation of Chairman & CMD posts.
2. Executive Management Changes (senior executives below CEO/CFO/COO)
Indian Bank (INDIANB / 532814)
- Appointment: General Manager, CO: KYC — Ms. Aruna M (effective 16.04.2026)
- Appointment: General Manager, CO: IBD — Shri Vineet Bajpai (effective 16.04.2026)
Life Insurance Corporation of India (LICI / 543526)
- Appointment: Ms. Mamta Meena elevated to Additional Director, Zonal Training Centre, Bhopal (effective 16.04.2026)
- Context: Elevated to SMP position (as per filing).
Endurance Technologies Limited (ENDURANCE / 540153)
- Appointment: Mr. Ashish Nainawatee — Chief Strategy Officer elevated/appointed as Senior Management Personnel (SMP) (effective 16.04.2026)
Keystone Realtors Limited (RUSTOMJEE / 543669)
- Appointment: Mr. Salil Chinchore — Group Chief Human Resources Officer as SMP (effective 16.04.2026)
Globtier Infotech Limited (Globtier / 544494)
- Resignation: Mr. Sandeep Gupta — Chief Financial Officer (CFO) (KMP)
- Effective Date: Resignation effective after close of business hours on 13.05.2026 (continues till then)
Tipco Engineering India Limited (TIPCO / 544740)
- Resignation: Ms. Neha Sharma — CFO & KMP
- Effective Date: Ceased after close of business hours on 16.04.2026
LIC Housing Finance Limited (LICHSGFIN / 500253)
- Cessation: Shri Debakanta Padhi — General Manager (HR, Staff Discipline and Legal)
- Effective Date: close of business hours on 16.04.2026
- Context: “Cessation as repatriated back to LIC of India.”
WSFx Global Pay Limited (WSFX / 511147)
- Appointment: Mr. Ravi Dubey — Sr. Vice President & Head – D2C (effective 16.04.2026)
Amanta Healthcare Limited (AMANTA / 544502)
- Resignation: Shri Vimal Shrimali — AVP – HR & Admin (SMP)
- Effective Date: Relieved after close of business hours on 16.04.2026
- Context: Resignation due to personal reasons.
Powerica Limited (POWERICA / 544744)
- Resignation (Independent Director): Not an executive role, but note: Mr. Maheswar Sahu resigned as Independent Director (immediate effect) due to urgent family commitments.
Kalyani Steels Limited (KSL / 500235)
- Resignation: Mr. Bal Mukand Maheshwari — CFO
- Effective Date: Relieved after close of business hours on 08.05.2026
- Context: Resignation due to personal reasons.
Aayush Art and Bullion Limited (AAYUSHBULL / 540718)
- Removal: Mr. Pankaj Kumar Rawat — Company Secretary & Compliance Officer (KMP)
- Effective Date: after close of business hours on 15.04.2026
- Context: Board decided termination/removal; filing states “several attempts… however, no response has been received.”
MPF Systems Limited (MPFSL / 532470)
- Appointment: Ms. Nidhi Joshi — Additional Director (Non-Executive Independent) (effective 16.04.2026; subject to approvals)
- Note: Internal Auditor appointment also approved (not an executive role).
SG Finserve Limited (SGFIN / 539199)
- Appointment (Board-level, but also senior): Mr. Deepak Kumar appointed Additional Director (Non-Executive – Non-Independent Chairperson) (effective 16.04.2026, subject to member approval)
Power Grid Corporation of India Limited (POWERGRID / 532898)
- Board-level only: Independent director tenure completion (not executive role).
3. Board / Director Changes
Powerica Limited (POWERICA / 544744)
- Resignation: Mr. Maheswar Sahu — Independent Director
- Effective Date: 16.04.2026 (immediate effect)
- Context: “Urgent family commitments”; also ceases as Chairman/member of board committees.
SJVN Limited (SJVN-EQ / 533206)
- Cessation: Dr. Udeeta Tyagi — Independent Director
- Effective Date: 16.04.2026
- Context: Completion of tenure.
NHPC Limited (NHPC / 533098)
- Cessation (Independent Directors): Tenure completion on 16.04.2026
- Dr. Uday Sakharam Nirgudkar
- Shri Jiji Joseph
- Shri Anil Kumar Sood
- Context: As per MoP letter.
Endurance Technologies Limited (ENDURANCE / 540153)
- Re-appointment: Mr. Anant Talaulicar — Independent Director (2nd term)
- Effective Date: 12.07.2026 (subject to postal ballot approval)
- Context: Re-appointment for second term of five years.
Sun Retail Limited (SUN RETAIL / 542025)
- Appointment: Mrs. Khyati Bhavya Shah — Additional Non-Executive Independent Director
- Effective Date: 16.04.2026 (subject to shareholder approval in ensuing AGM)
- Resignation (noted by board): Nisha Sukhdevbhai Parmar — Non-executive Independent Director
- Effective Date: 15.04.2026
- Context: Resignation due to “pre-occupation of work.”
SK Minerals & Additives Limited (SKM / 544584)
- Resignation: Mr. Kapil Khera — Independent Director
- Effective Date: after close of business hours on 16.04.2026
- Context: “Due to personal reasons.”
Wipro Limited (WIPRO / 507685)
- Re-appointment: Ms. Tulsi Naidu — Independent Director (second term)
- Effective Date: 01.07.2026 (to 30.06.2031; subject to shareholder approval)
- Context: First term ends 30.06.2026.
Power Grid Corporation of India Limited (POWERGRID / 532898)
- Cessation: Independent directors completed tenure on 15.04.2026
- Shri Shiv Tapasya Paswan
- Shri Rohit Vaswani
- Context: Tenure completed as per MoP orders.
MPF Systems Limited (MPFSL / 532470)
- Appointment: Ms. Nidhi Joshi — Additional Independent Director (Non-Executive)
- Effective Date: 16.04.2026 (subject to regulatory/statutory and shareholder approvals)
SG Finserve Limited (SGFIN / 539199)
- Appointment: Mr. Deepak Kumar — Additional Director (Non-Executive – Non-Independent Chairperson)
- Effective Date: 16.04.2026 (subject to member approval)
Aayush Art and Bullion Limited (AAYUSHBULL / 540718)
- Note: Filing is for KMP removal (CS/Compliance Officer), not a director change.
4. Notable Company-Specific Situations (within-company clustering)
Endurance Technologies Limited (540153)
- Cluster: Board meeting approved (i) re-appointment of an Independent Director (postal ballot subject) and (ii) elevation of Chief Strategy Officer to SMP in the same disclosure set.
Aayush Art and Bullion Limited (540718)
- Cluster/Process issue: Board decided termination/removal of CS & Compliance Officer citing “several attempts… however, no response has been received,” indicating an abrupt KMP exit.
Tipco Engineering India Limited (544740)
- Cluster: CFO resignation effective same day as filing (ceased after close of business hours on 16.04.2026).
5. Reappointments / Extensions (side notes)
Endurance Technologies Limited (540153)
- Re-appointment: Mr. Anant Talaulicar as Independent Director for second term of five years (effective 12.07.2026, subject to postal ballot).
Wipro Limited (507685)
- Re-appointment: Ms. Tulsi Naidu as Independent Director for second term of five years (effective 01.07.2026, subject to shareholder approval).
If you want, I can also provide a one-page “changes table” (company → role → effective date) for quick scanning.
