Ducon Infratechnologies Limited has informed the Exchange about change in Management
DUCON · price
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At the Annual General Meeting held on 30th September 2025, Ducon Infratechnologies announced several management updates. Mr. Arun Govil, the existing Managing Director and Promoter, was re-appointed as a Director (retiring by rotation) and continued as Managing Director for another 5 years after turning 70, subject to Central Government approval. Mr. Harish Shetty was appointed as Executive Whole-Time Director & Chief Financial Officer for a 5-year term effective 6th September 2025. Additionally, M/s. VRG & Associates was appointed as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. Mr. Govil brings 30+ years of experience in business management and M&A, while Mr. Shetty has 3 decades of experience in accounts, finance, and taxation across manufacturing, service, and EPC sectors.
This is a leadership continuity announcement — the promoter-led Managing Director is retained and a new CFO/WTD has been inducted to strengthen the finance function. No resignations or governance red flags were mentioned, so the impact on shareholders is likely neutral to mildly positive as it signals stable leadership with renewed finance oversight.