DHARAN INFRA-EPC LIMITED has informed the Exchange about change in Management
DHARAN · price
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Dharan Infra-EPC Limited has announced a change at the top: Mr. Naresh Karda has stepped down as Managing Director effective August 7, 2025, citing other professional commitments. He will, however, continue to serve on the Board as a Director. In his place, the Board has appointed Mr. Devesh Karda as the new Managing Director with immediate effect, subject to shareholder and other statutory approvals. Both individuals share the Karda surname, indicating this is a family-level leadership transition within the promoter group. The company is listed on NSE and BSE under the infrastructure/EPC space.
Continuity is likely preserved since the outgoing MD remains as a Director and the incoming MD is already associated with the company's projects. Shareholders should watch for the shareholder approval outcome for Devesh Karda's appointment and any related disclosures.