Generic Engineering Construction and Projects Limited has informed the Exchange regarding Resignation of Mr as Executive Director of the company w.e.f. May 05, 2026.
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Mr. Dhairya Manish Patel has tendered his resignation from the post of Executive Non-Independent Director of Generic Engineering Construction and Projects Limited, effective from the close of business hours on May 5, 2026. The reason cited is pre-occupation with other work and inability to devote sufficient time to the company's affairs. The director has confirmed there are no material reasons behind the resignation other than those stated. The Board has placed on record its appreciation for his valuable contribution during his tenure. This is disclosed under Regulation 30 of SEBI Listing Regulations.
The resignation of an Executive Director represents a change in Key Managerial Personnel (KMP), which could raise concerns about governance stability, especially since no successor has been announced. Shareholders should monitor for subsequent board changes.