DHARAN INFRA-EPC LIMITED has informed the Exchange regarding Resignation of Mr Muthusubramanian Hariharan as Chief Executive Officer of the company w.e.f. September 19, 2025.
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Mr. Muthusubramanian Hariharan has resigned as Chief Executive Officer and Director of Dharan Infra-EPC Limited (formerly KBC Global Limited) with effect from September 19, 2025, citing other professional commitments. His resignation, tendered via email on September 19, 2025, was formally accepted by the Board on September 22, 2025. He was also a director on the board and will not continue in any other capacity with the company. The disclosure to the stock exchanges was delayed as the matter was first reviewed and accepted by the Board. The company has not yet announced a replacement for the CEO role.
Sudden exit of the CEO and a board director may create short-term leadership uncertainty and raise governance concerns for shareholders, especially given the delay in disclosing the resignation. Investors should watch for the appointment of a new CEO and any further board-level changes.