StockWatch
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Other Agricultural Products
Management Change30 Jun 2026, 06:01 pm

Modern Engineering Appoints Navraj Bhatt as CFO, Francisca Rosario Resigns

AI Summary

Modern Engineering and Projects Ltd announced a change in its Chief Financial Officer role. Mrs. Francisca Rosario has resigned from her position as CFO, effective June 30, 2026, citing a desire to pursue an alternate career opportunity. The Board of Directors, upon recommendation from the Nomination and Remuneration Committee and Audit Committee, has appointed Mr. Navraj Bhatt as the new CFO and Key Managerial Personnel, effective July 1, 2026. Mr. Bhatt, a Chartered Accountant with 10 years of experience, previously worked at Man Infra Construction Limited. He is also authorized for materiality assessments and disclosures to the stock exchange.

Key Highlights

  • Mrs. Francisca Rosario resigns as CFO effective June 30, 2026.
  • Mr. Navraj Bhatt appointed as new CFO effective July 1, 2026.
  • Mr. Bhatt has 10 years of experience in finance and accounting.
  • Appointment follows recommendations from Nomination and Remuneration Committee.
  • New CFO authorized for materiality assessments and stock exchange disclosures.