StockWatch
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Civil Construction
Management Change29 Jun 2026, 12:01 pm

Ceigall India Appoints New Whole-Time Directors, Accepts Resignation

AI Summary

Ceigall India Ltd announced key management changes following a Board Meeting on June 29, 2026. The board approved the appointment of Mr. Ayyalusamy Saravanan as Whole-Time Director & CEO and Dr. Pawan Kumar as an Additional Director & Whole-Time Director, both effective July 1, 2026, subject to shareholder approval. The company also accepted the resignation of Dr. Sudhir Rao Hoshing from his Whole-Time Director position, effective July 15, 2026. Both new appointees are not debarred from holding directorships. Detailed profiles and disclosures for the new directors are provided.

Key Highlights

  • Mr. Ayyalusamy Saravanan appointed Whole-Time Director & CEO from July 1, 2026.
  • Dr. Pawan Kumar appointed Additional Director & Whole-Time Director from July 1, 2026.
  • Dr. Sudhir Rao Hoshing resigns as Whole-Time Director, effective July 15, 2026.
  • Appointments are subject to shareholder approval at the upcoming AGM.
  • New directors confirmed not to be debarred from holding office.