CEO change and one-year production suspension of division with 64.14% of turnover
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Rama Krishna Raju Gottumukkala resigned as CEO on October 28, 2026 but remains Managing Director and a board member. Venkatraman Krishnamurthi was appointed CEO the same day. The board temporarily suspended Eco Build manufacturing for one year due to losses, raw material shortages and poor viability. Eco Build generated Rs 1,533.17 lakh, or 64.14% of FY2025-26 turnover. Management will assess restructuring and shift resources to the Eco Energy division.
Eco Build's 64.14% turnover share creates major revenue risk, but stopping its losses may help profits; the CEO change adds execution risk.