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

The Board has approved the re-appointments of Mr. Gaurang Shah as Managing Director, Ms. Rupal G. Shah as Whole-Time Director, and Mr. Rahul G. Shah as Executive Director, all effective from 1st February 2025 for three years, pending shareholder approval. Additionally, Mr. Yash Mehta, Mr. Ronak Mehta, and Ms. Rajkumari Udhwani were appointed as Non-Executive Independent Directors for five years. This meeting also noted the resignations of Ms. Neetu Jalan, Ms. Dipika Soni, and Ms. Raina Singh from their Independent Director positions.

These changes reflect a strategic shift in leadership that could enhance operational effectiveness and governance. Investor sentiment may view this as a positive outlook due to the stability and experience of the reappointed directors, along with fresh insights from the new appointees.