StockWatch
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Residential- Commercial Projects
Management Change13 Aug 2026, 09:01 pm

Kings Infra Ventures Appoints Baby John Shaji as Chairman

AI Summary

Kings Infra Ventures Limited announced the appointment of Mr. Baby John Shaji as the Chairman of the Company, effective August 13, 2026. This appointment, recommended by the Nomination and Remuneration Committee, is subject to shareholder approval. Mr. Shaji, who has been serving as the Managing Director, will now also oversee the company's overall management and affairs as Chairman & Managing Director. Additionally, the Board approved a revision in his remuneration, effective August 1, 2026, to ₹4,00,000 per month, along with other benefits, also subject to member approval. Mr. Shaji holds 14,41,402 shares in the company.

Key Highlights

  • Baby John Shaji appointed Chairman of Kings Infra Ventures.
  • Appointment effective August 13, 2026, pending shareholder approval.
  • Remuneration revised to ₹4,00,000 per month.
  • Shaji continues as Managing Director, overseeing overall affairs.
  • Shaji holds 14,41,402 shares in the company.