ENGINERSINNSEEngineers India Limited· EngineeringHighNeutral
Announced Mon, 29 Jun · 20:17 IST

Atul Gupta appointed as Chairman & Managing Director of Engineers India

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹244.80
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₹245.80
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AI summary

Engineers India Limited has appointed Shri Atul Gupta as Chairman & Managing Director, effective 29 June 2026. He was previously Director (Commercial) on the same board, making this an internal elevation. His tenure runs until superannuation on 30 September 2029. He is a Mechanical Engineer with about 30 years of experience at EIL, having joined as a Management Trainee in 1992. He now takes over the CMD charge from Shri Praveen M. Khanooja, who had held additional charge as Additional Secretary, Ministry of Petroleum and Natural Gas.

Likely market impact

Internal elevation brings leadership continuity; a long-tenured EIL executive at the top until 2029 should support strategic stability for shareholders.