StockWatch
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Civil Construction
Management Change13 Aug 2026, 07:45 pm

McNally Bharat Engineering Independent Director Resigns

AI Summary

McNally Bharat Engineering Company Ltd announced the resignation of Mr. Partha Sarathi Bhattacharyya as Chairman and Independent Director, effective August 13, 2026. The resignation is due to personal, age-related health issues. Consequently, he will also step down from his roles in the Stakeholders Relationship Committee, Nomination & Remuneration Committee, and Risk Management Committee, and as Chairman of the Audit Committee. The company confirmed no other material reasons for his departure and expressed appreciation for his services.

Key Highlights

  • Independent Director Partha Sarathi Bhattacharyya resigns.
  • Resignation effective August 13, 2026, citing health reasons.
  • Director to also exit board committees.
  • No other material reasons for resignation confirmed.