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Awaiting price reaction for this filing.
The Board of Expo Engineering and Projects Limited re-appointed Mr. Hasanain S. Mewawala as Managing Director for a 5-year term starting August 7, 2025, subject to shareholder approval at the upcoming AGM. Mr. Mewawala is a promoter family member — brother of Director Mr. Murtuza S. Mewawala and spouse of Promoter Mrs. Sajeda Mewawala — and holds around 21.12 lakh equity shares in the company. The Board also approved the appointment of M/s ND & Associates (represented by Ms. Neeta H. Desai) as the new Secretarial Auditor for a 5-year term covering FY2025-26 to FY2029-30. The Annual General Meeting has been scheduled for September 29, 2025.
Shareholders will vote to confirm the continuation of the existing promoter-family Managing Director for another 5 years, providing leadership stability. The new secretarial auditor appointment is a routine governance step and should not materially affect the stock price.