
Management Change5 Nov 2026, 06:55 pm
Kalpataru Projects: Amit Uplenchwar to be Joint MD & CEO
AI Summary
Kalpataru Projects International Limited announced that its Board of Directors has approved the elevation of Mr. Amit Uplenchwar to the position of Joint Managing Director & CEO (designate). He will also be appointed as an Additional Director and Joint Managing Director & CEO (Key Managerial Personnel) effective January 1, 2027, for a five-year term. The Board also approved the reclassification request of Mr. Imtiaz Kanga and Mrs. Yasmin Imtiaz Kanga from the Promoter Group to the Public category, subject to shareholder and regulatory approvals. Mr. Uplenchwar brings over three decades of experience in corporate strategy and business development.
Key Highlights
- Amit Uplenchwar appointed Joint MD & CEO (designate).
- Appointment effective January 1, 2027, for five years.
- Reclassification of promoters to public category approved.
- Shareholder and regulatory approvals are pending.
Price Impact
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