Announced Fri, 24 Jul · 17:29 IST
Board appoints Baldev Krishan Bassi as Independent Director
Management Changes View source PDF
DBEIL · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹7.28
prior close
₹7.50
base price
After-mkt
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+0.0—-1.3———————————
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AI summary
Deepak Builders & Engineers India board, at a meeting on July 24, 2026, approved the appointment of Mr. Baldev Krishan Bassi (DIN: 02646214) as Additional Independent Director, subject to shareholder approval via Postal Ballot. Mr. Bassi has experience in project planning, project management, and quality control of civil engineering projects. He holds a BSc Engg (Civil) and also serves on the board of Everon Project Consultant Limited. He holds no shares in the company.
Likely market impact
Routine independent director appointment, subject to shareholder approval. Adds civil engineering expertise to the board.