CEO Amit Bansal resigns for health reasons; Manoj Kumar Jha named new CEO

Ceo ResignedCeo Appointed ExternalKmp ResignedManagement Changes View source PDF Explain this filing

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AI summary

Mr. Amit Bansal resigned as Whole Time Director and CEO of K&R Rail Engineering effective 20 Aug 2026, citing health issues. The board appointed Mr. Manoj Kumar Jha as Additional Executive Director and CEO from the same date, subject to shareholder approval. Jha holds a B.Sc. Physics degree and brings 25 plus years of experience in railway infrastructure, business development, signal and telecom, and project management. He is not related to any existing directors or promoters and holds no shares.

Likely market impact

Top leadership change due to health reasons. New CEO brings 25 years of railway sector experience; appointment needs shareholder approval.