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Every management change announcement on NSE and BSE that our alert engine sent, newest first.
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Ms. Namrata Thakker has resigned as Independent Director of Arihant Superstructures Ltd, effective close of business on May 7, 2026, due to personal reasons. She consequently ceases to be a member of the Audit and Stakeholder Relationship Committees. The company confirmed there are no other material reasons for her departure.
Mrs. Ritika Agarwal has resigned as Company Secretary and Compliance Officer of Jeyyam Global Foods Limited effective May 07, 2026, citing health issues. The management has accepted her resignation. The company confirmed there are no other material reasons for her departure.
RCC Cements Limited has appointed Mr. Sandeep Singh as Company Secretary and Compliance Officer, effective May 07, 2026. He succeeds Mrs. Charu Varshney, who resigned from the position on May 04, 2026. The transition ensures continuity in the company's statutory compliance and secretarial functions.
Max Financial Services announced board changes at its subsidiary, Axis Max Life Insurance. Mr. Mitsuru Yasuda resigned as Non-executive Director effective May 6, 2026. Mr. Toru Nakabayashi, a senior insurance executive with over 20 years of experience, was appointed as an Additional Director (Non-executive) effective May 7, 2026, representing the company on the board.
REC Limited has appointed Shri Rajesh Kumar Agarwal as a Nominee Director of Power Finance Corporation (PFC) effective May 1, 2026. The appointment follows a nomination by the Ministry of Power. Shri Agarwal currently serves as Director (Finance) at PFC and possesses over 31 years of experience in the power and financial sectors.
Indian Railway Finance Corporation Ltd (IRFC) has appointed Ms. Laya Madduri, Joint Secretary in the Department of Economic Affairs, as a Part-time Government Nominee Director. Effective May 7, 2026, the appointment follows a Ministry of Railways order. Ms. Madduri is an IAS officer with extensive experience in public finance and governance.
Indian Railway Finance Corporation Limited announced the cessation of Mr. Alok Tiwari as a Non-Executive Nominee Director. The change was effective from May 6, 2026, following a directive from the Ministry of Railways, Government of India.
Megastar Foods Limited announced the resignation of Ms. Deepali Chhabra from her position as Company Secretary and Compliance Officer. The cessation is effective as of May 5, 2026. This move represents a change in the company's Key Managerial Personnel (KMP) group.
Aryan Share & Stock Brokers Ltd appointed Ms. Nidhi Shastri as Company Secretary and Compliance Officer effective May 1, 2026. Simultaneously, Independent Director Mrs. Jyoti Mukesh Nalawade resigned due to personal reasons. These leadership changes were approved during the board meeting held on the same day.
Coromandel International Limited has re-appointed M/s. S.R. Batliboi & Associates LLP as Statutory Auditors for a five-year term (60 months) effective July 23, 2026. This decision was confirmed during the board meeting held on May 7, 2026, ensuring continuity in the company's external audit and financial reporting processes.
BF Utilities Limited members have approved the appointment of Mrs. Mugdha Rajesh Vartak as a Non-Executive, Independent Director via postal ballot. Mrs. Vartak is an HR leader with over 20 years of experience across IT, consulting, and automotive sectors. Her appointment is effective from March 17, 2026, for a term not liable to retire by rotation.
Bizotic Commercial Limited appointed Mr. Dipak Hariprasad Dave as Chief Financial Officer and Key Managerial Personnel, effective May 7, 2026. Dave brings over 36 years of banking experience, previously serving as Senior Vice President at Axis Bank.
Polycab India Limited announced a leadership reorganization following a board meeting on May 6, 2026. The changes involve seven senior executives, including CFO Niyant Maru and several Senior Management Personnel across B2C, EPC, Telecom, and Digital domains. These designation updates reflect internal restructuring to align management roles with the company's strategic objectives.
BF Investment Limited has appointed Mrs. Mugdha Rajesh Vartak as a Non-Executive Independent Director for a three-year term effective March 17, 2026. The appointment was approved by shareholders via postal ballot with a requisite majority. Mrs. Vartak brings over 20 years of HR leadership experience across various sectors to the board.
Denis Chem Lab Limited announced the resignation of its Secretarial Auditors, M/s. Nishant Pandya & Associates, effective May 6, 2026. The resignation is attributed to personal reasons and applies from the Financial Year 2025-26 onwards. The company confirmed there are no other material reasons for the departure.
Vardhman Textiles Limited has appointed Mrs. Suchita Jain as Vice-Chairperson & Managing Director and Mr. Neeraj Jain as Managing Director. Both appointments are for five-year terms commencing April 1, 2026. These leadership transitions, effective until March 2031, aim to steer the company's long-term growth and strategic expansion.
Cyber Media Research & Services Limited has re-appointed M/s. CMG & Company, Chartered Accountants, as its Internal Auditor. The appointment is for a term of 12 months, effective April 1, 2026. This follows an outcome of the board meeting held on May 6, 2026.
LT Foods Ltd announced the resignation of two Independent Directors, Mrs. Neeru Singh and Mr. Satish Chander Gupta, effective May 6, 2026. The directors cited personal reasons and feedback regarding board composition, confirming no other material reasons exist. This leadership transition follows standard governance practices and regulatory requirements under SEBI (LODR) Regulations.
TAC Infosec Limited has appointed M/s Chandrasekaran Associates as its Secretarial Auditors for the financial year 2025-26. The appointment was approved by the Board of Directors on May 7, 2026, following the recommendation of the Audit Committee. This change ensures continued regulatory compliance and secretarial oversight for the company.
TAC Infosec Limited appointed Mr. Hector Hugo Balderas as an Independent Director for a three-year term effective May 7, 2026. Simultaneously, Mr. Sanjiv Swarup resigned from the board due to statutory limits on the number of directorships held. These changes align with SEBI management disclosure regulations.
Maithan Alloys Ltd announced the resignation of Mr. Sreejith Ariyanthari Thazhemadam, General Manager (Operations) and Plant Head of its Vishakhapatnam Unit, effective May 6, 2026. The resignation is due to personal reasons. Management has accepted the resignation and confirmed a smooth transition of responsibilities.
M.M. Rubber Company Limited announced the demise of Promoter Mr. Mammen Philip on December 8, 2025. He held 95,363 equity shares (1.53%), which have been transmitted to his daughter, Ms. Kavita Philip. The company has updated its shareholding pattern accordingly and filed the information with the BSE.
General Insurance Corporation of India has appointed Mr. Hitesh Rameshchandra Joshi, the current Executive Director, to the additional charge of Chairman Cum Managing Director. The appointment became effective on April 1, 2026. This leadership update ensures executive continuity at the helm of the Corporation.
One 97 Communications Limited (Paytm) has re-appointed Mr. Ashit Ranjit Lilani as a Non-Executive Independent Director for a second term of five years, effective July 5, 2026. The appointment, approved during the board meeting on May 6, 2026, ensures continuity in the company's independent board oversight.
Vishvprabha Ventures Limited appointed Mrs. Isha Mahesh Gavaskar as Company Secretary and Compliance Officer, effective May 6, 2026. She fills the vacancy created by the resignation of the previous officer. Mrs. Gavaskar is an associate member of ICSI and holds a Bachelor of Commerce degree.
Zaggle Prepaid Ocean Services Limited has reappointed Mr. Avinash Ramesh Godkhindi as Managing Director and CEO for a two-year term starting May 07, 2026. The reappointment, approved by shareholders via postal ballot, ensures leadership continuity through May 06, 2028.
R Systems International Limited has appointed Mr. Piyush Jain as Company Secretary and Compliance Officer, effective May 7, 2026. Mr. Jain, a qualified Company Secretary and law graduate with over a decade of experience, has been with the company since 2019. The board approved the appointment during its meeting on May 6, 2026.
Whirlpool of India Limited has approved the re-designation of Mr. Arvind Uppal as a Non-Executive Non-Independent Director effective May 6, 2026. Consequently, the Board reconstituted its Audit, Nomination and Remuneration, and Risk Management Committees. Mr. Uppal, a veteran with over 36 years of experience, has served on the company's board since 2005.
Bajaj Auto Limited has redesignated Mr. Rakesh Sharma as Joint Managing Director, effective June 1, 2026. Previously serving as a Whole Time Director, this change in senior leadership was approved during the board meeting held on May 6, 2026.
Muthoot Microfin Limited announced the resignation of Non-Executive Director Akshaya Prasad due to personal reasons, effective May 6, 2026. Simultaneously, the company reported the tenure completion of Internal Auditor M/s. Ernst & Young LLP. These leadership and oversight changes were finalized during the board meeting concluded on the same date.