Management Change28 Feb 2026, 07:12 pm
DMR Engineering Ltd. Announces Board Approval for Objects Expansion and New Director Appointment
AI Summary
DMR Engineering Ltd. has announced that the Board of Directors approved the expansion of the Main Objects Clause and the appointment of Mr. Man Mohan Madan as a Non-executive Director. The company plans to offer Engineering Consulting and EPC services, undertake Power Trading Services, and become a RE Power Generating Company/Energy Storage/Transmission Company. Mr. Madan, with over 50 years of experience, has been appointed for a term of 2 years, subject to shareholder approval.
Key Highlights
- Board approved expansion of Main Objects Clause
- New areas of operation include Engineering Consulting, Power Trading Services, and RE Power Generation
- Appointment of Mr. Man Mohan Madan as Non-executive Director
- Mr. Madan has over 50 years of experience in Hydro power, Dams, and Tunnels
- Mr. Madan's appointment is subject to shareholder approval