Kalpataru Projects International Limited — Others, 20-02-2025: Shareholders meeting

Kalpatru Projects International Limited has announced a board meeting to seek shareholder approval via postal ballot for the re-appointment of Mr. Manish Mohnot as Managing Director & CEO for three years, from April 1, 2025, to March 31, 2028. The e-voting period will run from February 24, 2025, to March 25, 2025. Given Mr. Mohnot's 19-year tenure and significant contributions, including overseeing notable growth and successful acquisitions, this move is expected to bolster operational continuity and investor confidence. While the proposed remuneration of ₹50 lakh per month reflects industry standards, the outcome will be closely watched by shareholders.