Ashima Ltd has appointed Mr. Malay Jayendra Dalal as an Additional Non-Executive Independent Director for a five-year term starting May 1, 2026. Simultaneously, Mr. Sanjay Shaileshbhai Majmudar has resigned as a Non-Executive Director due to personal professional pursuits. These leadership changes aim to maintain board composition and regulatory compliance.
Ashima Limited has appointed Mr. Malay Jayendra Dalal as an Additional Independent Director for a five-year term starting May 01, 2026. Consequently, the Board reconstituted its Audit, Stakeholders' Relationship, and other Sub-Committees. Mr. Dalal, a Chartered Accountant with 35 years of experience, strengthens the board's governance and advisory capabilities.
REC Limited announced the cessation of Mr. Rajiv Ranjan Jha (Nominee Director) and Ms. Saraswathi (Executive Director) effective May 1, 2026. Both departures are due to superannuation. These changes represent routine leadership transitions at the board and senior management levels.
REC Limited announced the cessation of Smt. Saraswathi as Executive Director effective May 1, 2026, following her superannuation. This transition in senior management is part of routine retirement cycles and is disclosed under SEBI listing regulations.
Aishwarya Anil Lohkare has resigned as Company Secretary and Compliance Officer of Photoquip (India) Ltd, effective April 30, 2026. The resignation is attributed to pre-occupation with other work. The company will need to appoint a successor to ensure continued regulatory compliance.
AAVAS Financiers announced a leadership transition as Chief Business Officer Selvin Uthaman resigned effective May 01, 2026. The company appointed Ripudaman Bandral, formerly Chief Credit Officer with over 25 years of experience, as the new Chief Business Officer effective May 02, 2026. This internal redesignation ensures continuity in the company's senior management team.
Mr. Karan Kanika Verma ceased to be the Managing Director of Oscar Global Limited effective April 30, 2026. This follows the conclusion of his 20-day extended tenure, which began after his initial resignation on April 10, 2026. The departure marks the formal end of his leadership term with the company.
City Union Bank Limited has appointed Shri. R. Vijay Anandh as its Managing Director & CEO for a three-year term starting May 1, 2026. A retail banker with 28 years of experience, he previously served as the bank's Executive Director. This leadership transition follows necessary regulatory approvals.
Shri Ranvir Singh Chopra, Executive Director (Offg) at BEML Limited's HO Cell Delhi, will cease to hold office on April 30, 2026. His departure is consequent to superannuation.
Hindustan Aeronautics Limited (HAL) has appointed Mr. Kota Ravi as Chairman and Managing Director, effective May 1, 2026. Previously Director (Operations), Mr. Ravi has over 30 years of experience and was instrumental in securing HAL's Maharatna status and operationalizing the LCA Tejas fleet.
SBEC Sugar Limited has appointed Mr. Madhur Agarwal as Company Secretary and Compliance Officer, effective May 01, 2026. He succeeds as the Key Managerial Personnel as per the Companies Act, 2013.
Hindustan Aeronautics Limited (HAL) has appointed Mr. Kota Ravi as Chairman and Managing Director, effective May 1, 2026. Previously Director (Operations), Mr. Ravi has over 30 years of experience and was instrumental in securing HAL's Maharatna status and key LCA Tejas contracts.
Hindustan Aeronautics Ltd appointed Shri Kota Ravi as Chairman & Managing Director effective May 1, 2026. He succeeds his previous role as Director (Operations) and will serve until June 2029. The appointment follows a Ministry of Defence directive.
TTI Enterprise Limited announced the resignation of Mr. Valath Sreenivasan Ranganathan as Executive Director, effective April 30, 2026. This follows his prior disqualification under Section 164 of the Companies Act, 2013, as previously disclosed on December 3, 2025.
Mr. Anil Kumar Goel has resigned as Company Secretary and Compliance Officer of SBEC Sugar Limited, effective April 30, 2026. He will continue to serve the company in his capacity as Chief Financial Officer. This transition marks a change in the company's key managerial personnel structure.
ONGC announced the retirement of four senior officials effective May 1, 2026, due to superannuation. Departures include Mr. Vivek Chandrakant Tongaonkar (Director & CFO), and Executive Directors Mr. Rajan Asthana and Mr. Shibu Augustine Manuel. This is a routine leadership transition resulting from reaching retirement age.
Hindustan Petroleum Corporation Limited announced the superannuation of Mr. Krushna Mahapatra as Chief Risk Officer effective May 1, 2026. Mr. Sitaram G Taparia has been designated to succeed him in the same capacity. This transition ensures continuity in the company's risk management leadership.
REC Limited announced that Shri Rajiv Ranjan Jha, Nominee Director of Power Finance Corporation (PFC), ceased to be a Director effective May 1, 2026. This follow's his superannuation from PFC on April 30, 2026. The change is part of routine board turnover following retirement from the nominating entity.
Shri Vivek Chandrakant Tongaonkar has retired as Director (Finance) and CFO of Oil and Natural Gas Corporation Ltd (ONGC) effective May 1, 2026. His departure follows the attainment of superannuation age.
Oil and Natural Gas Corporation Ltd announced the superannuation of two Executive Directors, Rajan Asthana and Shibu Augustine Manuel, effective May 1, 2026. These changes occur at the senior management level immediately below the Board.
Hindustan Petroleum Corporation Ltd announced senior management changes effective May 01, 2026. Shri Krushna Mahapatra retired due to superannuation, and Shri Sitaram G Taparia, a qualified CA and CS, was designated as the new Chief Risk Officer and Additional Charge of IFS.
Mr. Gagan Kothari will cease to be a Senior Management Person at JM Financial Limited effective May 1, 2026. This departure follows his internal transfer to the company's wholly owned subsidiary, JM Financial Services Limited, where he will serve as Executive Director & COO of the Integrated Investment Bank.
Fluidomat Limited has re-appointed Shri Kunal Jain as Whole-Time Director (Executive Director) for a three-year term effective May 1, 2026. The re-appointment was previously approved by shareholders during the company's 49th Annual General Meeting.
Surat Trade and Mercantile Limited announced the resignation of Ms. Mahek Gaurav Jaju as Company Secretary and Compliance Officer, effective April 30, 2026. She resigned to pursue alternate career opportunities. The company is currently in the process of identifying a suitable replacement for the role.
Shri Niladri Roy has ceased to be a Director and Key Managerial Personnel of Bharat Coking Coal Limited effective April 30, 2026. This follows his relinquishment of additional charge as Director (Technical) Project & Planning upon reaching the age of superannuation.
Alembic Pharmaceuticals Limited has appointed Mr. Amit Nayak as Vice President - Commercial Excellence, effective May 1, 2026. Mr. Nayak brings 12 years of experience from firms including Cipla and EY. He will lead commercial excellence initiatives through digital enablement and optimized sales operations.
Alembic Pharmaceuticals Limited has appointed Mr. Amit Nayak as Vice President - Commercial Excellence, effective May 1, 2026. Mr. Nayak brings 12 years of experience from firms like Cipla and EY. He will lead commercial excellence through optimized sales operations and digital enablement.
Alembic Pharmaceuticals has designated Mr. Amit Nayak, Vice President - Commercial Excellence, as Senior Management Personnel effective May 1, 2026. Mr. Nayak brings 12 years of experience from firms including J B Chemicals, Cipla, and EY. This designation aligns with SEBI listing regulations regarding senior management disclosures.
Rajasthan Tube Manufacturing Company Management Change
Rajasthan Tube Manufacturing Company Limited announced the resignation of Mr. Pankaj Joshi as Additional Director, effective March 21, 2026. The Board of Directors formally considered and accepted the resignation in its meeting held on May 1, 2026. Mr. Joshi cited ill health and new opportunities as the reasons for his departure.
Coal India Limited announced that Shri P. Madhusudan Rao, Executive Director (Excavation), retired on attaining superannuation effective May 1, 2026. He has relinquished his charge accordingly. This is a routine senior management departure due to retirement.