Appointment of Mr. Manish B. Jain ( DIN: 06416422) as an addtional - non executive director and Mr. Avesh Dhelawat (DIN: 06373842) as an additional Non executive Director in the board meeting ....
Awaiting price reaction for this filing.
The Board of Infra Industries Limited appointed two additional Non-executive Directors - Mr. Manish B. Jain (DIN: 06416422) and Mr. Avesh Dhelawat (DIN: 06373842) - effective May 26, 2026. Both appointments are subject to shareholder approval at the ensuing AGM and regularization. Mr. Jain is a Chartered Accountant with corporate finance and real estate experience, while Mr. Dhelawat is an MBA with 23 years of experience in sales and marketing. The company also reported audited financial results for Q4 and FY26 with an unmodified audit opinion from Karnavat & Co. The company noted ongoing raw material and fuel price challenges affecting operations. Equity shares remain under suspension due to procedural reasons.
Appointment of two new non-executive directors expands the board but does not signal any governance concerns as both are independent professionals with no related party connections disclosed.