HGINFRABSEH.G. Infra Engineering LtdMediumNeutral
Announced Thu, 28 May · 22:09 IST

Disclosure under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Management Changes View source PDF

HGINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹603.25
prior close
₹602.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.1-1.2-1.9-4.7-4.4-7.3-8.7-8.9-6.0-3.2-3.1
Up moveDown movePending
AI summary

H.G. Infra Engineering Limited's Board has approved the re-appointment of Mr. Harendra Singh as Managing Director and Mr. Vijendra Singh Choudhary as Whole-Time Director, each for a further term of five years from May 15, 2027 to May 14, 2032. Both appointments are subject to shareholder approval at the 24th Annual General Meeting. Mr. Harendra Singh has over 32 years of construction industry experience and has been on the Board since incorporation. Mr. Vijendra Singh Choudhary brings over 34 years of industry experience and has also been on the Board since incorporation. Neither director is related to any other Board members according to the disclosure.

Likely market impact

This is a routine corporate governance action confirming continuity of existing leadership. The re-appointments with 5-year terms provide stability to the company's management structure and are subject to standard shareholder approval. No immediate share price impact expected as these are expected re-appointments.