BSEJiya Eco-Products LtdMediumNeutral
Announced Mon, 26 May · 17:48 IST

Intimation of Appointment and designated Mr Pradeep Khandagale as Whole time directors

Ceo Appointed ExternalManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jiya Eco-Products Ltd has appointed Mr. Pradeep Kisan Khandagale (DIN: 01124220) as a Whole-time Director and Key Managerial Personnel of the company, effective 26th May 2025. The appointment is initially valid until the next shareholder meeting (or up to 3 months), after which it is proposed for a 5-year term subject to shareholder approval. Mr. Khandagale is a civil engineer with over 17 years of experience in infrastructure project construction, business development, and contract management. He currently serves as a director or MD in 11 other companies, including Valecha Engineering and Univastu India (where he is Managing Director). He is not debarred by SEBI, and his spouse is Mrs. Rajashri Pradeep Khandagale, with no other familial ties to the existing board.

Likely market impact

This is a routine board-level appointment that brings in an experienced infrastructure and construction professional to the leadership team. Shareholders will vote on ratifying the 5-year term at the upcoming general meeting; otherwise, the stock is unlikely to see a material reaction from this disclosure alone.