PSP Projects Limited — Others, 05-08-2025: Resignation

PSP Projects reports a key development: Adani Infra (India) Limited has acquired 1,36,39,972 equity shares, representing 34.41% of the company, now acting as a co-promoter with joint control alongside the existing promoters. Following this, the Board has appointed Mr. Kattunga Srinivasa Rao as a new non-executive director, representing Adani Infra. Additionally, Ms. Pooja P. Patel has transitioned from Whole-Time Director to Chief Executive Officer, taking on a more operational role, while Mr. Prahaladbhai S Patel's designation is now Chairman and Managing Director. Amendments to the Articles of Association are also approved, subject to shareholder consent.