Capacit'e Infraprojects Limited — Others, 26-05-2025: Change in Director(s)

Capacit’e Infraprojects Limited has announced a board meeting where it approved the financial results for the quarter and half-year, with a qualified audit opinion due to uncertainty over recoverability of INR 11.56 Cr in trade receivables linked to one party under legal proceedings. The company is pursuing legal action to recover long outstanding dues of INR 63.62 Cr and remains confident about realization. Rahul Katyal was re-appointed as Managing Director & CEO for five years, subject to shareholder approval. New statutory auditors, M/s MSKA & Associates, were appointed for five years, replacing the previous auditors. The company also removed common seal requirements from its Articles of Association.