Engineers India Limited has informed the Exchange regarding Change in Director(s) of the company.
ENGINERSIN · price
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Engineers India Limited has appointed Shri Mahesh Kumar Goyal as a Non-official Independent Director on its Board for a period of three years. The appointment was approved by the Appointments Committee of the Cabinet (ACC) under the Ministry of Petroleum & Natural Gas, Government of India, via a letter dated 09.05.2025. The company's Board formally approved this appointment through a circular resolution on 16.05.2025. Shri Goyal is a Chartered Accountant with 29 years of experience in Income Tax, GST, Tax Audits, Company Law, and Finance. The company confirmed that he has no inter-se relationship with other Directors and is not debarred from holding a directorship by any regulatory authority.
This is a routine government-driven appointment of an Independent Director on the board of a public sector company. It is unlikely to have any material impact on the stock price or shareholder value, though it strengthens the board's financial and tax expertise.