Change in Designation of Mr. Mohit Sharma from Non-Executive Director to Executive (Whole Time) Director
Awaiting price reaction for this filing.
Tacent Projects Ltd (formerly Rahul Merchandising Limited) has re-designated Mr. Mohit Sharma as Executive (Whole Time) Director with effect from May 23, 2025, subject to shareholder approval at the next general meeting. Mr. Sharma was previously a Non-Executive (Non-Independent) Director and also serves as the company's Chief Financial Officer (CFO). He holds 22 years of experience in manufacturing and trading of electric wires & cables, along with EPC project implementation. No relationships with other directors were disclosed. The company is registered in Delhi with a small paid-up capital presence on BSE (scrip code 531887).
This is an internal leadership restructuring that gives an existing director an executive operational role. For shareholders, this signals greater management involvement at the board level, though the re-designation still needs member approval at the upcoming general meeting.