Management Change announcements

Gallantt Ispat Management Change

Gallantt Ispat Limited announced a board reshuffle effective May 05, 2026. Independent Directors Mrs. Smita Modi and Mr. Pankaj Khanna resigned due to personal reasons. Simultaneously, Mr. Sanjay Kumar Jain and Mr. Kishore Pariyar were appointed as Non-Executive Independent Directors for a two-year term, subject to shareholder approval.

Execution

2 years

Ugro Capital Management Change

UGRO Capital announced a leadership change effective May 5, 2026. Mr. Satyabrata Mohapatra, previously Head of Operations & Customer Service, has been appointed as Chief Operations Officer. He replaces Mr. Sharad Agarwal, who resigned as Chief Operations & Technology Officer to pursue alternate career opportunities.

Anya Polytech & Fertilizers Management Change

Anya Polytech & Fertilizers Limited has appointed M/s. Anju Panday & Associates as Secretarial Auditor for a 12-month term effective May 5, 2026. The firm is a registered practicing company secretary with expertise in secretarial audits and regulatory compliance.

Execution

12 months

Lloyds Metals & Energy Management Change

Lloyds Metals and Energy Limited has re-appointed Mr. Ramesh Luharuka and Ms. Seema Saini as Non-Executive Independent Directors for five-year terms effective from October 2026 and March 2027 respectively. The decisions were approved during the board meeting held on May 5, 2026.

Execution

60 months

Aerpace Industries Management Change

Aerpace Industries Limited announced the resignation of M/s Jain Preeti & Company as the Secretarial Auditor of the Company, effective May 5, 2026. The resignation is attributed to other professional commitments. The company has taken the resignation on record in compliance with SEBI Listing Regulations.

United Breweries Management Change

United Breweries Limited has re-appointed M/s. B S R & Co. LLP as its Statutory Auditor for a second term of five years (60 months), effective August 12, 2026. The decision was made during the Board Meeting held on May 05, 2026.

Execution

60 months

Anya Polytech & Fertilizers Management Change

Anya Polytech & Fertilizers Limited has appointed Mr. Govind Singh Sandhu as a Non-Executive Non-Independent Director for a 12-month term starting May 5, 2026. Mr. Sandhu brings extensive experience in agribusiness development and supply chain efficiency to the board.

Execution

12

Saj Hotels Management Change

Saj Hotels Limited has appointed Mr. Jugal Kishor Mimani as Chief Financial Officer, effective May 5, 2026. A seasoned professional with over 25 years of experience in financial management and strategic planning, Mr. Mimani's expertise in corporate governance and fiscal strategy will support the company's organizational growth and financial performance.

Cambridge Technology Enterprises Management Change

Cambridge Technology Enterprises Limited received shareholder approval via postal ballot for the appointment of Mr. Raj Kumar Sehgal as Whole-time Director. The appointment is effective from February 05, 2026, for a period of five years. The special resolution was deemed passed on May 03, 2026.

Execution

5 years

MPS Management Change

Mr. Sreenivas Trichy Venkatraman has resigned from his position as Chief Operating Officer of MPS Limited. His resignation was received on May 5, 2026, and will be effective from August 3, 2026.

Brainbees Solutions Management Change

Brainbees Solutions Limited (FirstCry) has redesignated Ms. Saloni Jain Rana as a Non-Executive Non-Independent Director, effective May 4, 2026. She previously served as a Non-Executive Additional Director.

Megastar Foods Management Change

Ms. Deepali Chhabra has resigned as Company Secretary and Compliance Officer of Megastar Foods Limited due to personal reasons. She will be relieved from her responsibilities effective from the close of business hours on May 05, 2026. The company is currently in the process of identifying a replacement.

Brainbees Solutions Management Change

Brainbees Solutions Limited (FirstCry) has appointed Ms. Saloni Jain Rana as a Non-Executive & Non-Independent Director. The appointment was approved by shareholders via postal ballot on May 4, 2026. Ms. Rana serves as a nominee of Mahindra & Mahindra Limited and is not related to any other company directors.

Primo Chemicals Management Change

Primo Chemicals Limited has appointed Mr. Dibakar Sarkar and Mr. Sobhag Mal Jain as Non-Executive Independent Directors for a 60-month term effective May 5, 2026. Both appointees bring over 35 years of experience in public sector infrastructure and finance, respectively, strengthening the board's governance and regulatory expertise.

Execution

60 months

Hero MotoCorp Management Change

Hero MotoCorp Limited has re-appointed Mr. Pawan Munjal as Executive Director and Chairperson for a five-year term starting October 1, 2026. The board approved the decision during its meeting on May 5, 2026. This move ensures leadership continuity for the company through 2031.

Execution

60 months

Primo Chemicals Management Change

Primo Chemicals Limited announced the resignation of Mr. Munish Aggarwal from his position as Senior Vice President Operations, effective May 10, 2026. The resignation is attributed to personal reasons.

United Breweries Management Change

United Breweries Limited has appointed Ms. Parul Malhotra as Chief Human Resources Officer, effective July 01, 2026. Ms. Malhotra brings over 18 years of HR leadership experience from adidas across APAC and Southeast Asia markets. This strategic hire aims to strengthen the company's leadership and HR transformation initiatives.

MPS Management Change

MPS Limited announced the resignation of Chief Operating Officer Mr. Sreenivas Trichy Venkatraman, effective August 03, 2026. The company has accepted his resignation, and he will continue in his role until the stated date. This transition marks a change in senior management for the company.

United Breweries Management Change

United Breweries Limited has appointed Ms. Parul Malhotra as Chief Human Resources Officer (Director - People) effective July 01, 2026. Ms. Malhotra, a seasoned HR leader from adidas, succeeds the previous incumbent as part of a senior management reorganization. The appointment was approved by the Board based on Nomination and Remuneration Committee recommendations.

Poonawalla Fincorp Management Change

Poonawalla Fincorp Limited has appointed M/s. B. K. Khare & Co. as its Statutory Auditor for a 36-month term effective July 24, 2026. The firm brings over six decades of experience in the NBFC and banking sectors.

Execution

36 months

Mono Pharmacare Management Change

M/s. Kaliya & Associates has resigned as the Internal Auditor of Mono Pharmacare Limited effective May 5, 2026. The resignation is attributed to inordinate delays in the finalization of accounts for FY 2025-26, which prevented the auditors from performing their duties in accordance with professional standards and independence requirements.

Just Dial Management Change

Mr. Rakesh Ojha has resigned from his position as Chief Business Officer - South and West at Just Dial Limited, effective May 5, 2026. He is leaving to explore opportunities outside the company. The transition follows his resignation letter received on February 5, 2026.

Sutlej Textiles & Industries Management Change

Sutlej Textiles and Industries Limited has appointed Mr. Alok Ohrie as a Non-Executive Independent Director for a five-year term effective May 5, 2026. Mr. Ohrie, formerly MD of Dell Technologies India, brings over 35 years of IT sector experience to the board.

Execution

60 months

Kriti Industries (India) Management Change

Kriti Industries (India) Limited re-appointed Mr. Shiv Singh Mehta as Executive Director and Managing Director. The appointment is for a 36-month term effective October 1, 2026. This leadership continuity ensures stability for the promoter-related management team.

Execution

36 months

Zee Media Corporation Management Change

Mr. Pavel Chopra has resigned as the Chief Human Resource Officer (Senior Management Personnel) of Zee Media Corporation Limited, effective May 4, 2026. He is leaving the company to pursue new opportunities outside the organization.

Poonawalla Fincorp Management Change

Poonawalla Fincorp Limited has appointed six Senior Management Personnel across its core retail lending and strategic functions. New leaders will head divisions including Commercial Vehicles, Personal Loans, Education Loans, and Consumer Durables. These strategic appointments aim to drive growth, digital transformation, and customer-first innovation within the company.

Kriti Nutrients Management Change

Kriti Nutrients Ltd. has re-appointed Shri Shiv Singh Mehta as Chairman and MD for three years effective January 2027. Additionally, Mr. Saurabh Singh Mehta was re-designated as Joint Managing Director from May 2026 and subsequently re-appointed for a three-year term starting August 2027, subject to shareholder approval.

Execution

3 years

Gayatri Sugars Management Change

Gayatri Sugars Ltd announced the sad demise of Independent Director Mr. Raghuraj Suresh Bhalerao on April 4, 2026. He had been associated with the Board since November 2016. The company received the intimation on May 5, 2026, and placed on record its appreciation for his services.

Vodafone Idea Management Change

Vodafone Idea Limited appointed Mr. Kumar Mangalam Birla as Non-Executive Chairman, effective May 5, 2026. He succeeds Mr. Ravinder Takkar, who stepped down as Chairman but remains on the board as Non-Executive Vice Chairman. These leadership changes at the board level are effective immediately.

Just Dial Management Change

Mr. Rakesh Ojha has resigned as Chief Business Officer – (South and West) of Just Dial Limited to explore external opportunities. His resignation was accepted and became effective from the close of business hours on May 5, 2026. This departure involves a member of the company's senior management personnel.