Jaypee Infratech Limited — Others, 14-11-2024: Change in Auditors

Jaypee Infratech's Board has approved the resignation of Mr. Aalok Champak Dave as Managing Director and Chief Executive Officer, effective at the end of November 2024, due to personal reasons. Mr. Abhijit Gohil will take over as CEO starting November 25, 2024, bringing 33 years of experience in leadership roles. Additionally, the Board has initiated the removal of the statutory auditor, M/s. Dass Gupta & Associates, pending shareholder approval, to align with new strategic directions. This leadership transition and auditor change may foster a positive outlook, enhancing operational stability and aligning governance with shareholder interests.