Two Independent Directors appointed to Akash Infra board for five-year terms

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AI summary

Akash Infra-Projects board approved appointment of two Non-Executive Independent Directors: Mrs. Urvi Sachin Bhatt (Finance and CSR consulting background) and Mr. Lalji Kishorji Vaghela (retired Gujarat government civil engineer). Both appointed for five-year terms effective January 17, 2027, subject to shareholder approval at the next AGM. Neither is related to existing directors. Decision taken at the August 24, 2026 board meeting.

Likely market impact

Routine board expansion adding independent oversight with finance and infrastructure expertise. Subject to shareholder approval.