StockWatch
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Industrial Products
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.