StockWatch
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Civil Construction
Management Change13 Oct 2026, 11:00 pm

NCC Ltd Promoter Dr A V S Raju Passes Away

AI Summary

NCC Ltd announced the passing of Padma Shri Dr. A V S Raju, Founder, Chairman Emeritus, and Promoter, on October 13, 2026. Dr. Raju was instrumental in establishing and growing NCC Limited into a leading construction and infrastructure company. His demise also leads to his reclassification as a Promoter, as per SEBI regulations.

Key Highlights

  • Founder, Chairman Emeritus, and Promoter Dr. A V S Raju has passed away.
  • His demise marks the end of his role as a Promoter.
  • Dr. Raju was a key figure in the company's growth and legacy.
  • The company expresses gratitude for his contributions.