Outcome of the Board Meeting held on 01.04.2025
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K&R Rail Engineering Limited held a board meeting on April 1, 2025, where several key governance decisions were approved. Mrs. Rahmath Unnisa (DIN: 10945055) was appointed as an Additional Director (Non-Executive & Independent) for a 5-year term, subject to shareholder approval. Mr. Amit Bansal (DIN: 06750775) was re-appointed as Executive Director for another 5-year term, also pending shareholder approval. The board noted the cessation of Mrs. Maniza Khan as Independent Director, effective March 31, 2025, after completing two consecutive 5-year terms. Additionally, the Audit, Nomination & Remuneration, Stakeholder Relationship, and Risk Management Committees were reconstituted. An Extra Ordinary General Meeting (EGM) has been scheduled for April 28, 2025, via video conference to seek shareholder approval for these appointments.
These are routine governance changes that ensure continuity in leadership while refreshing the board with a new independent director. Shareholders will get to vote on these appointments at the upcoming EGM on April 28, 2025. No major financial or strategic impact is indicated.