JSW Infrastructure Limited has informed the Exchange regarding Change in Director(s) of the company.
JSWINFRA · price
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JSW Infrastructure announced a series of board changes following its August 23, 2025 board meeting. Two new directors were appointed: Ms. Neeta Mukerji as Independent Director for 3 years, and Mr. Devki Nandan Sharma as Whole-Time Director (KMP) effective September 1, 2025. Three directors are exiting: Ms. Ameeta Chatterjee (end of second term), Mr. Nirmal Kumar Jain (resignation due to advancing age, age 79), and Mr. Kantilal Narandas Patel (personal reasons, age 74), all effective August 30, 2025. Long-serving CFO Mr. Lalit Singhvi will superannuate on August 31, 2025 but will continue in a Non-Executive Non-Independent Director role. Mr. J Nagarajan, currently Deputy CFO and a 15-year JSW Steel veteran, will take over as the new CFO effective September 1, 2025.
This is a planned, succession-driven board refresh with no governance red flags raised. The CFO transition is an internal promotion ensuring continuity, while the new director appointments add strong banking and maritime sector expertise. Shareholders should view this as routine housekeeping rather than a material concern, though the loss of three experienced directors warrants monitoring of board effectiveness.