Management Change6 Jun 2026, 12:00 pm
Highway Infrastructure Ltd: MD & Whole-Time Director Reappointed
AI Summary
Highway Infrastructure Ltd announced the reappointment of Mr. Arun Kumar Jain as Managing Director and Mr. Anoop Agrawal as Whole-Time Director for a further period of three years, effective May 5, 2026. This reappointment is subject to shareholder approval. The Board also approved alterations to the company's Articles of Association, specifically regarding the waiver of dividend rights by shareholders, which also requires shareholder approval. The company is compliant with SEBI regulations for these disclosures.
Key Highlights
- MD and Whole-Time Director reappointed for three years.
- Reappointments are effective from May 5, 2026.
- Shareholder approval is required for reappointments.
- Articles of Association alteration approved, pending shareholder nod.
- Alteration allows shareholders to waive dividend rights.
Price Impact
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