StockWatch
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IT Enabled Services
Management Change20 May 2026, 08:51 pm

Protean eGov Appoints Ajay Rajan as MD & CEO

AI Summary

Protean eGov Technologies Ltd announced the appointment of Ajay Rajan as Managing Director & CEO, effective June 1, 2026. Additionally, Nandkumar Saravade has been appointed as an Independent Director for a three-year term, also effective June 1, 2026. The board also recommended a final dividend of ₹10 per equity share for FY26 and approved the audited financial results for the quarter and year ended March 31, 2026.

Key Highlights

  • Ajay Rajan appointed MD & CEO, effective June 1, 2026.
  • Nandkumar Saravade appointed as Independent Director for 3 years.
  • Board recommends final dividend of ₹10 per share for FY26.
  • Audited financial results for FY26 approved by the board.