Manaksia Coated Metals & Industries’ CEO Rajendra Kumar Lodhi Resigned
Rajendra Kumar Lodhi resigned from the post of Chief Executive Officer (CEO) of Manaksia Coated Metals & Industries Limited and accordingly resigned from the company with effect from May 23, 2024, due to personal reasons and obligations.
Grasim Industries Appoints Ashvin Parekh & Haigreve Khaitan as Independent Directors
On May 22, 2024, the Board of Directors of Grasim Industries Limited approved the appointments of Ashvin Parekh and Haigreve Khaitan as Independent Directors for five years, with effect from August 23, 2024, and September 26, 2024, respectively.
SBI Life’s Dy CEO Srinivasan to lead SBI DFHI Limited as MD & CEO
SBI Life Insurance Company Limited’s Deputy Chief Executive Officer (Dy. CEO), Veeraraghavan Srinivasan, is being posted as Managing Director and CEO of SBI DFHI Limited.
Independent Director of CCL Products (India) Kata Chandrahas Retired
Kata Chandrahas has completed his second term as an Independent Director of CCL Products (India) Limited on May 22, 2024, and has consequently ceased to be a Non-Executive, Independent Director on the Board of Directors of the company.
Zensar Technologies’ Sr. VP Rajat Sharma Resigns
Rajat Sharma, Senior Vice President and Senior Managerial Personnel (SMP) of Zensar Technologies Limited, has tendered his resignation to pursue opportunities outside the organisation.
Independent Director Arpit Patel Passes Away
The Boards of Directors of Arvind Ltd., Anup Engineering Ltd., and Johnson Controls-Hitachi Air Conditioning India have communicated to the exchanges the sad demise of Arpit Patel, an Independent Director on May 21, 2024, due to illness.
JK Tyre appoints Krishna Bangur as Independent Director
Krishna Kumar Bangur is appointed as Non-Executive Independent Director of JK Tyre & Industries Limited, with effect from June 1, 2024.
Mahesh Rajaraman appointed Chief Risk Officer at Mahindra & Mahindra Financial
Mahindra & Mahindra Financial Services Limited appointed Mahesh Rajaraman as the Chief Risk Officer, with effect from August 1, 2024, for five years.
Simplex Realty appoints Satyan Israni & Anil Lohia as Independent Directors
Simplex Realty Limited appointed Satyan S. Israni and Anil Lohia as additional Directors under the category of Non-Executive Independent Directors for five years, with effect from May 21, 2024.
Guidelines issued by Sebi to combat market rumours
Listed companies must confirm, deny, or clarify any media-reported information that causes significant price movement in their shares. Stock exchanges will provide a framework for identifying these material price movements.
