Disclosure under Regulation 30 of SEBI (LODR) Regulation 2015 for appointment of Mr Debidas Datta (DIN 00229856) as an Independent Director of the Company
Awaiting price reaction for this filing.
McNally Bharat Engineering Company has appointed Mr. Debidas Datta as an Independent Director, effective 1st December 2025, subject to shareholder approval by special resolution. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Mr. Datta is not related to any existing director and is not debarred by SEBI or any other regulator from holding directorship. He brings over 44 years of experience in water resources, power, and infrastructure development, having served as former Chairman-cum-Managing Director of WAPCOS Ltd and currently as Director (Generation) at WBSEDCL, along with board roles at RITES Ltd, HSCC (India) Ltd, and WBGEDCL.
This is a routine board appointment that strengthens the company's governance with a highly experienced independent director from the public sector infrastructure space. No immediate material impact on stock price is expected, though it may improve oversight quality.