StockWatch
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Heavy Electrical Equipment
Management Change12 May 2026, 07:21 pm

Azad Engineering Reappoints Rakesh Chopdar as Chairman & CEO

AI Summary

Azad Engineering Ltd has announced the reappointment of Mr. Rakesh Chopdar as Whole-Time Director, Chairman, and CEO, along with Mrs. Jyoti Chopdar and Mr. Vishnu Malpani as Whole-Time Directors. The reappointments are for a term of five years effective from September 13, 2026, and are subject to shareholder approval. The decision was made during the Board of Directors meeting held on May 12, 2026.

Key Highlights

  • Rakesh Chopdar reappointed as Whole-Time Director, Chairman, and CEO for five years.
  • Jyoti Chopdar reappointed as Whole-Time Director for a five-year term.
  • Vishnu Malpani reappointed as Whole-Time Director for five years.
  • Reappointments effective from September 13, 2026, subject to shareholder approval.
  • Shareholder approval will be sought at the upcoming Annual General Meeting.