CEO resigns, new CEO named; Eco Build production suspended for one year
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Rama Krishna Raju Gottumukkala resigned as CEO on 28 October 2026 but remains Managing Director and a director. Venkatraman Krishnamurthi was appointed CEO. The board suspended the Eco Build division for one year due to losses, raw material shortages and poor viability. It made FY26 sales of 1,533.17 lakh, 64.14% of turnover. Resources will shift to Eco Energy's effluent treatment and compressed biogas projects as Eco Build options are reviewed.
Eco Build made 64.14% of FY26 turnover, so the one-year halt may reduce revenue and increase execution risk; the CEO transition adds uncertainty.