Ecoboard Industries Appoints New CEO, CEO Resigns, Halts Particle Board Division

Ecoboard Industries Limited announced significant management and operational changes following a Board of Directors meeting on October 28, 2026. Mr. Rama Krishna Raju Gottumukkala resigned as CEO but will continue as Managing Director and Board member to provide strategic leadership. Mr. Venkatraman Krishnamurthi has been appointed as the new CEO to focus on executive management and operational execution. Additionally, the company will temporarily suspend operations of its Particle Board Build Division ('Eco Build') for one year due to raw material unavailability and project non-viability. Resources will be reallocated to expand the Energy Division ('Eco Energy'), focusing on ETP and CBG plant activities. The company aims to restructure and optimize the Eco Build Division during the suspension.