UMIYA BUILDCON LIMITED — Others, 13-11-2024: Change in Management

MRO-TEK Realty Limited has appointed Mr. Vairavan Vanniarajan as Chief Financial Officer following the resignation of Mr. G. Rengarajan. Additionally, Mr. Prashanth S has been appointed as Company Secretary after Mr. Venkatesh Sunduru's resignation. The Board also re-appointed Mr. H S Venkatesh and Ms. Nicola Neeladri as Independent Directors for their second terms, effective June 15, 2025. Furthermore, Dr. Raghu Nambiar is recommended for appointment as an Independent Director, pending shareholder approval.

This reshuffling in management may enhance operational efficiency, reflecting a strategic focus on strengthening governance. Investor sentiment could view these updates favorably, indicating potential stability and continuity in leadership, which may mitigate risks associated with management transitions.