Hindustan Construction Company Limited has informed the Exchange regarding Demise of Mr Mahendra Singh Mehta, Non- Executive Independent Director of the company on May 22, 2026.
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Hindustan Construction Company Limited has announced the passing of Mr. Mahendra Singh Mehta, Non-Executive Independent Director, on May 22, 2026. Mr. Mehta had served on the Board since 2019 and was a Key Managerial Person under SEBI regulations. Following his demise, he has ceased to be an Independent Director of the company. The company has filed this intimation under SEBI Regulations 30 and 51 of the Listing Obligations and Disclosure Requirements Regulations, 2015. The Board and employees have expressed condolences to his family. This is a board-level change that reduces the number of independent directors on the company's board.
The demise of an Independent Director reduces board composition and may require the company to fill the vacancy to maintain compliance with SEBI's requirement for adequate independent directors. Shareholders should monitor for the appointment of a replacement independent director.