Ashoka Buildcon Limited — Others, 26-05-2025: Shareholders meeting

Ashoka Buildcon Limited has announced a board meeting to seek shareholder approval via postal ballot for the re-appointment of Mr. Satish Parakh as Managing Director and Mr. Sanjay Londhe as Whole-time Director for three years. Both hold key leadership roles central to the company’s growth and operations. Their annual gross compensation for FY 2025-26 is capped at Rs. 7.13 Cr and Rs. 6.66 Cr respectively, with possible annual increments up to 20%. Electronic voting will be conducted to enable shareholder participation.