Generic Engineering Construction and Projects Limited — Others, 23-01-2025: Cessation

Mr. Vishesh Mahesh Nihalani has resigned as an Independent Director of Generic Engineering Construction and Projects Limited, effective January 22, 2025, citing personal and professional commitments. Following this, the board has approved the appointment of Mr. Ashok Laxmikant Tiwari as an Additional Independent Director, effective immediately, pending shareholder approval. Mr. Tiwari brings significant expertise in finance and accounting. This leadership transition may signal a refreshing strategic direction, potentially enhancing operational governance and investor confidence. Investors might view this as a positive outlook for future board effectiveness and company stability.