StockWatch
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Civil Construction
Corporate Governance31 Aug 2026, 09:32 am

Power Mech Projects Independent Director Completes Tenure

AI Summary

Power Mech Projects Ltd announced that Mr. Vivek Paranjpe, Non-Executive and Independent Director, will cease to be a Director upon completion of his second and final term on August 30, 2026. The company expressed gratitude for his contributions as a director and his service as Chairman of the Nomination and Remuneration Committee and member of the Audit Committee. This change is in accordance with SEBI Listing Regulations.

Key Highlights

  • Independent Director Mr. Vivek Paranjpe completes final term on August 30, 2026.
  • He will cease to be a Director of the Company.
  • Board acknowledges his valuable contributions and guidance.
  • Appreciation for his service as Committee Chairman and member.