
Management Change29 Sept 2026, 09:20 pm
Ducon Infratechnologies Appoints Two Independent Directors
AI Summary
Ducon Infratechnologies Ltd announced changes in its management following its Annual General Meeting held on September 28, 2026. Mr. Maruti Deore, Non-Executive Non-Independent Director, retired and did not seek re-election. The company appointed Mr. Sandip Anandrao Sutar and Mr. Anil Rajmal Bhandari as Independent Directors for a term of five years. Additionally, Mr. Prakash Vaghela was re-appointed as a Non-Executive Independent Director for another five-year term. Mr. Jinesh Shah also retired as an Independent Director upon completing his five-year tenure. The company affirmed that all appointed directors are not debarred by any SEBI order or other authorities.
Key Highlights
- Two new Independent Directors appointed: Sandip Sutar and Anil Bhandari.
- Prakash Vaghela re-appointed as Independent Director for five years.
- Maruti Deore and Jinesh Shah retired from directorships.
- All appointments are effective from September 28, 2026.
Price Impact
More from DUCON