Management Change18 May 2026, 08:41 pm
Afcons Infrastructure Reappoints Director & MD, Changes SMPs
AI Summary
Afcons Infrastructure Ltd. announces the re-appointment of Mr. Subramanian Krishnamurthy as Executive Chairman and Mr. Srinivasan Paramasivan as Managing Director for a term of two years, effective July 1, 2026, subject to shareholder approval. Additionally, Mr. Gokul Javalikar will step down as Business Unit Head and SMP on June 30, 2026, due to retirement. Mr. Satish Tengeri is elevated to Business Unit Head – Industrial Division and designated as SMP from July 1, 2026. Mr. R. Ramkumar is categorized as SMP effective May 18, 2026.
Key Highlights
- Mr. Subramanian Krishnamurthy re-appointed as Executive Chairman for two years.
- Mr. Srinivasan Paramasivan re-appointed as Managing Director for two years.
- Mr. Gokul Javalikar to step down as Business Unit Head and SMP on June 30, 2026.
- Mr. Satish Tengeri elevated to Business Unit Head and designated as SMP from July 1, 2026.
- Mr. R. Ramkumar categorized as Senior Management Personnel w.e.f. May 18, 2026.
Price Impact
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