Management Change20 Aug 2026, 06:21 pm
Amit Bansal Resigns as Whole Time Director & CEO of K&R Rail Engineering
AI Summary
K&R Rail Engineering Ltd announced the resignation of Mr. Amit Bansal from his positions as Whole Time Director and CEO, effective August 20, 2026, due to health issues. Concurrently, the company's Board of Directors approved the appointment of Mr. Manoj Kumar Jha as an Additional Executive Director and CEO, subject to shareholder approval. Mr. Jha brings over 25 years of experience in railway infrastructure and project management.
Key Highlights
- Amit Bansal resigns as Whole Time Director and CEO.
- Resignation is effective from close of business on August 20, 2026.
- Manoj Kumar Jha appointed as Additional Executive Director and CEO.
- Appointment of Mr. Jha is subject to shareholder approval.
- Mr. Jha has over 25 years of experience in railway infrastructure.
Price Impact
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