Capacite Infraprojects Limited has informed the Exchange regarding Appointment of Mr. Chilakamarri Lakshmi Narasimha Charyulu as an Independent Director of the company w.e.f. March 25, 2026.
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Capacit'e Infraprojects has appointed Mr. Chilakamarri Lakshmi Narasimha Charyulu as an Additional Independent Director on its board, effective March 25, 2026. He has been appointed for a term of 3 years, subject to shareholder approval by special resolution within three months. Mr. Charyulu, aged 60, is a former senior banker with over 34 years of experience at State Bank of India, having held the position of Chief General Manager. His expertise lies in corporate credit, credit risk assessment, international banking, retail banking, and risk governance frameworks. He is not related to any existing director on the board, and the company confirmed he is not debarred from holding a directorship by any regulatory authority.
This is a routine governance update and should not have a material impact on the stock price. The appointment brings experienced banking and risk management expertise to the board, which is a positive signal for governance and financial oversight.