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

HEC Infra Projects Limited's Board has held a meeting where significant decisions were made, including the re-appointment of Mr. Gaurang Shah as Managing Director, Ms. Rupal G. Shah as Whole-Time Director, and Mr. Rahul G. Shah as Executive Director, each starting from February 1, 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, effective January 25, 2025. The resignations of three Independent Directors, with no material reasons other than pre-occupations, were also accepted. This restructuring aims to enhance governance and operational strategy, likely generating a positive outlook for shareholders as management continuity and fresh insights are introduced.