StockWatch
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Residential- Commercial Projects
Management Change7 Aug 2026, 02:52 pm

Rajeswari Infrastructure Ltd: Board Approves Multiple Director Changes & Auditor Appointment

AI Summary

Rajeswari Infrastructure Ltd announced significant board-level changes following a meeting on August 7, 2026. Mrs. Usha's designation was changed to Non-Executive Director. Mr. Dayalan Keerthivasan and Mr. Maniraj Arjunan were appointed as Additional Directors, designated as Non-Executive Independent Directors. Mr. Ramamurthy Arunachalam was appointed as the new Chief Financial Officer. The company also appointed M/s. SVSR & Associates as Statutory Auditors to fill a casual vacancy. Additionally, three Independent Directors, Mr. Meenakshi Sundaram Elangovan, Mr. Vijaya Raghavan, and Mr. Ravi Shankar Sambasivan Pulya, resigned due to personal commitments. The Board also approved the constitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee.

Key Highlights

  • Multiple changes in board composition and key management roles.
  • New independent directors appointed, while three resigned.
  • New Chief Financial Officer appointed.
  • Statutory auditors appointed to fill a casual vacancy.
  • Board committees reconstituted as per regulations.