Outcome of Board Meeting held on 26th September 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aerpace Industries' board met on 26th September 2025 and approved the appointment of two new directors. Mr. Prakash Gaur was appointed as an Additional Non-Executive Director, subject to shareholder approval. He brings over three decades of experience in economics, urban development, port and logistics, and PPP infrastructure, having served as CEO of National Highway Logistics Management Ltd and worked with World Bank's IFC and various state governments. Ms. Darshana Avadhoot Sawant was appointed as an Additional Independent Director for a five-year term, subject to shareholder approval. She is a Company Secretary with expertise in corporate compliance, SEBI regulations, and corporate governance.
The appointment of an experienced infrastructure professional like Mr. Gaur could signal a strategic shift toward infrastructure or PPP-related businesses. The addition of an Independent Director with strong governance background may strengthen board oversight and compliance practices. Both appointments require shareholder approval at the next general meeting or postal ballot.