Ceigall India Limited has informed the Exchange regarding Appointment of Dr. Sudhir Rao Hoshing as an Additional Director (Whole-time Director) of the company w.e.f. September 01, 2025.

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AI summary

Ceigall India has appointed Dr. Sudhir Rao Hoshing (DIN: 02460530), aged 61, as an Additional Director and Whole-time Director designated as Executive Vice-Chairman, effective September 1, 2025, for a 3-year term ending August 31, 2028, subject to shareholder approval. Dr. Hoshing brings nearly 40 years of experience in India's infrastructure sector, particularly highways and airports, having previously served as Ex-CEO of IRB Infrastructure Developers, Ex-JMD & CEO of IRB Infrastructure, Ex-MD of Modern Road Makers, and Ex-CEO of Reliance Infrastructure's Road Business. He holds a Ph.D. in Road, Highways & Infrastructure Management and is a life member of the Indian Road Congress and International Road Federation. The board confirmed he is not debarred by SEBI and is not related to any existing director on the board.

Likely market impact

This appointment brings a highly experienced infrastructure veteran into a top leadership role at Ceigall, which could strengthen the company's execution capabilities and credibility in the roads and highways segment. Shareholders may view this positively as it signals strategic depth in leadership, though the appointment remains subject to shareholder approval at the next general meeting.