Daily Management Changes Report (Last 24 hours)
0. Critical Alerts (Resignation “for cause”)
No “for cause” resignations were explicitly stated in the provided filings (i.e., no resignation reasons indicating governance/ethical/mismanagement concerns).
1. Key Leadership Changes (CEO/CFO/COO/Chairman/MD)
General Insurance Corporation of India (GICRE)
- Change: Appointment (additional charge extension)
- Person: Shri Hitesh Ramesh Chandra Joshi
- Role: Chairman-cum-Managing Director (CMD) – additional charge
- Effective Date: w.e.f. 1 April 2026 (for 3 months)
- Context: Ministry of Finance approved extension of additional charge; till assumption by regular incumbent / until further orders / whichever earliest.
Zaggle Prepaid Ocean Services Limited (ZAGGLE)
- Change: Re-appointment
- Person: Mr. Avinash Ramesh Godkhindi
- Role: Managing Director & Chief Executive Officer (MD & CEO)
- Effective Date: 7 May 2026 to 6 May 2028
- Context: Approved by shareholders via postal ballot.
2. Executive Management Changes (below CEO/CFO/COO)
Bank of Baroda (BANKBARODA)
- Appointment: Mr. Dhar Shashi Jaikishore — Head, Treasury & Global Markets, Mumbai Special Treasury
- Effective Date: 06.05.2026
- Context: Appointment (as per SMP/functional head disclosure).
Mindteck (India) Limited (517344)
- Resignation: Mr. Pradeep K — Senior Vice President – Human Resources
- Effective Date: Last working day: 02 July 2026
- Context: Resignation “due to his willingness to pursue his interests outside the organisation.”
3. Board / Director Changes
Whirlpool of India Limited (WHIRLPOOL)
- Appointment: Re-designation (board role change)
- Person: Mr. Arvind Uppal
- Role: Re-designated as Non-Executive Non-Independent Director
- Effective Date: 06 May 2026 (immediate effect; subject to shareholders approval)
- Context: Board approved re-designation; audit/NRC/Risk committees reconstituted accordingly.
Sai Silks (Kalamandir) Limited (KALAMANDIR)
- Resignation: Ms. Sirisha Chintapalli
- Role: Independent Director
- Effective Date: 06 May 2026
- Context: Resignation submitted; company states no material reasons other than those mentioned in resignation letter.
Muthoot Microfin Limited (MUTHOOTMF)
- Resignation: Mr. Akshaya Prasad
- Role: Non-Executive Director
- Effective Date: 06 May 2026
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Context: Resignation; letter states “personal reasons”.
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Resignation: Ms. Sirisha Chintapalli
- Role: Independent Director
- Effective Date: 06 May 2026
- Context: Resignation; company states no material reasons other than those mentioned.
Solar Industries India Limited (SOLARINDS EQ)
- Resignation: Shri Kirit Ramesh Kamdar
- Role: Additional, Non-Executive Independent Director
- Effective Date: 06 May 2026
- Context: Resignation due to “unavoidable professional commitments.”
Panasonic Carbon India Co. Limited (508941)
- Appointment (recommended): Mr. Prasad Bala Nagendra Venkatavara Vadlapatla
- Role: Non-Executive Independent Director
- Effective Date: 30 June 2026 (subject to shareholder approval at AGM)
- Context: Board recommended appointment as term of Mr. Kola Paul Jayakar concludes on 29 June 2026.
eMudhra Limited (EMUDHRA)
- Re-appointment: Mrs. Chandra Lakshminarayan Iyer
- Role: Independent Director (2nd term)
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Effective Date: 13 Aug 2026 to 12 Aug 2031 (subject to shareholder approval)
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Re-appointment: Mr. Chandrasekar Padmanabhan
- Role: Independent Director (2nd term)
- Effective Date: 03 Nov 2026 to 02 Nov 2031 (subject to shareholder approval)
TANFAC Industries Limited (506854)
- Appointment: Dr. L. Ravichandran
- Role: Additional Director & Whole-time Director
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Effective Date: 06 May 2026 to 05 May 2028 (subject to shareholder approval)
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Appointment: Dr. Ajay Kumar Singh
- Role: Additional Director (Non-executive Independent Director)
- Effective Date: 06 May 2026 to 05 May 2031 (subject to shareholder approval)
Raymond Lifestyle Limited (RAYMONDLSL)
- Appointment: Mr. Satyaki Ghosh
- Role: Additional Director & Whole-time Director (CEO as WTD)
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Effective Date: 06 May 2026 to 05 May 2031 (subject to shareholder approval)
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Resignation: Mr. Shantilal Pokharna
- Role: Non-Executive Non-Independent Director
- Effective Date: 06 May 2026 (accepted on retirement from service)
Panasonic Carbon India Co. Limited (508941)
- (covered above)
Indian Railway Finance Corporation Limited (IRFC)
- Appointment: Ms. Laya Madduri
- Role: Part-time Government Nominee Director
- Effective Date: Immediate effect (in place of Sh. Alok Tiwari)
- Context: Ministry of Railways order; tenure till she holds the Joint Secretary post or further orders.
Parle Industries Limited (532911)
- Resignation: Mr. Bharat Kumar Bohra
- Role: Company Secretary
- Effective Date: 06 May 2026
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Context: Resignation letter cites “better future prospects and other professional commitments.”
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Appointment: Ms. Rajshree V. Chimbaikar
- Role: Company Secretary & Compliance Officer
- Effective Date: 06 May 2026
Bajaj Auto Limited (BAJAJ-AUTO)
- Appointment: Mr. Rakesh Sharma
- Role: Joint Managing Director (re-designation from Executive Director)
- Effective Date: 01 June 2026 to 31 March 2029 (subject to shareholder approval)
- Context: Board approved re-designation/appointment.
Akme Fintrade (India) Limited (AFIL)
- Appointment: Mr. Kamlesh Jain
- Role: Additional Executive Director
- Effective Date: 06 May 2026
- Context: Appointment by Board (subject to standard director compliances).
TANFAC Industries Limited (506854)
- (covered above)
Panth Infinity Limited (PANTH)
- Regularization of appointments (subject to shareholder approval):
- Appointment: Mr. Rahilahmed Jafarbhai Shaikh — Managing Director
- Effective Date: regularization for w.e.f. 06 Dec 2025 (recommended on 06 May 2026; term 5 years)
- Appointment: Mr. Tushar Rameshbhai Bhatt — Independent Director
- Effective Date: w.e.f. 13 Jan 2026 (term 5 years)
- Appointment: Mr. Akash Prakash Patil — Executive Director
- Effective Date: w.e.f. 05 Feb 2026 (term 5 years)
- Appointment: Ms. Asha Pravin Ughade — Independent Director
- Effective Date: w.e.f. 05 Feb 2026 (term 5 years)
- Appointment: Mr. Debu Sardar — Executive Director
- Effective Date: w.e.f. 05 Feb 2026 (term 5 years)
4. Notable Company-Specific Situations
Muthoot Microfin Limited (MUTHOOTMF)
- Multiple director resignations on the same date:
- Mr. Akshaya Prasad (Non-Executive Director) — effective 06 May 2026
- Ms. Sirisha Chintapalli (Independent Director) — effective 06 May 2026
- Company also notes committee cessation for Ms. Sirisha Chintapalli.
5. Reappointments / Extensions (Side Notes)
Zaggle Prepaid Ocean Services Limited (ZAGGLE)
- MD & CEO re-appointed: Mr. Avinash Ramesh Godkhindi for 2 years (07 May 2026–06 May 2028).
eMudhra Limited (EMUDHRA)
- Independent director re-appointments (2nd terms):
- Mrs. Chandra Lakshminarayan Iyer — 13 Aug 2026–12 Aug 2031
- Mr. Chandrasekar Padmanabhan — 03 Nov 2026–02 Nov 2031
General Insurance Corporation of India (GICRE)
- CMD additional charge extended: Shri Hitesh Ramesh Chandra Joshi for 3 months from 01 April 2026 (or until earlier triggers).