HEC Infra Projects Limited — Others, 25-01-2025: Appointment

HEC Infra Projects Limited has announced a board meeting where key appointments and changes were approved. Mr. Gaurang Shah has been re-appointed as Managing Director, with Ms. Rupal G. Shah and Mr. Rahul G. Shah also re-appointed as Whole-Time Director and Executive Director, respectively, all effective February 1, 2025, pending shareholder approval. Additionally, Yash Mehta, Ronak Mehta, and Rajkumari Udhwani are appointed as Additional Independent Directors for five years. The board acknowledged the resignations of Independent Directors Neetu Jalan, Dipika Soni, and Raina Singh effective January 25, 2025. The restructuring may boost investor confidence and streamline governance; however, the loss of experienced directors poses a potential risk.