DHARAN INFRA-EPC LIMITED has informed the Exchange regarding Board meeting held on August 07, 2025.
DHARAN · price
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Dharan Infra-EPC Limited has announced a top leadership change effective August 7, 2025. Mr. Naresh Karda has stepped down as Managing Director, citing other professional commitments, but will continue on the board as a Director. The Board has unanimously appointed Mr. Devesh Karda as the new Managing Director with immediate effect, subject to shareholder and statutory approvals. Mr. Devesh Karda has been actively involved with the company's key projects and strategic initiatives. The transition appears to be a planned succession within the Karda family.
This looks like a planned family succession, which should bring leadership continuity for the business. Shareholders should watch for the outcome of shareholder approvals and how the new Managing Director executes on strategy in upcoming quarters.