Garuda Construction and Engineering Limited — Others, 21-12-2024: Change in Director(s)

The Board of Directors of Garuda Construction and Engineering Limited has approved the appointment of Mr. Rohit Ramanand Pareek as an Additional Whole Time Director for five years, effective immediately, subject to shareholder approval. This follows the resignation of Mr. Mohit Kapoor, who stepped down for personal reasons. Pareek, currently serving as the Chief Financial Officer, brings significant experience to his new role.

This leadership change could stabilize governance and enhance financial oversight, possibly resulting in a positive outlook among investors. The move signals a commitment to maintaining continuity in management during a transitional phase.