Alpha Tribe

Garuda Construction and Engineering LimitedOthers, 17-03-2025: Shareholders meeting

17-03-2025 · 08:14 pm

Garuda Construction and Engineering Limited has announced a board meeting on a postal ballot to seek member approval for two key appointments: Mr. Krishnakumar Laxman Bangera as an Independent Non-Executive Director for five years starting April 1, 2025, and the regularization of Mr. Rohit Ramanand Pareek as Whole-Time Director and CFO for five years starting December 21, 2024, with an annual remuneration of up to ₹10,00,000. This move reflects the company's strategy to strengthen governance and enhance operational efficiency. Investors may view this as a positive outlook, signaling a commitment to solid leadership and stability. Remote e-voting is scheduled from March 19 to April 18, 2025.

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