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Management Change1 Jul 2026, 06:30 pm

CLN Energy Appoints Two New Directors, Accepts One Resignation

AI Summary

CLN Energy Ltd announced significant board changes following a meeting on July 1, 2026. Mr. Rahul Bhatnagar (DIN: 01563122) and Mr. Sanni Kumar (DIN: 11799228) were appointed as Additional Directors, with Mr. Bhatnagar designated as Executive Director and Mr. Kumar as Whole-time Director, both subject to shareholder approval. Concurrently, the company accepted the resignation of Mr. Manish Shah (DIN: 10343779) from his roles as Whole-time Director and Chief Operating Officer, effective June 30, 2026. The board meeting, which commenced at 4:00 PM and concluded at 4:30 PM, also noted that these appointments were based on the recommendation of the Nomination and Remuneration Committee.

Key Highlights

  • CLN Energy appointed Rahul Bhatnagar as Executive Director.
  • Sanni Kumar appointed as Whole-time Director.
  • Manish Shah resigned as Whole-time Director and COO.
  • Appointments are subject to shareholder approval.
  • Changes effective from July 1, 2026, with resignation effective June 30, 2026.