Re appointment of Mr. Amit Bansal (DIN: 06750775) as Executive Director of the company
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Awaiting price reaction for this filing.
K&R Rail Engineering has re-appointed Mr. Amit Bansal (DIN: 06750775) as Executive Director for a five-year term from April 1, 2025 to March 31, 2030, subject to shareholder approval. Mr. Bansal has been associated with the company since 2007 and brings over 30 years of experience in engineering and management, with his work focused on design, survey and project reports for rail terminal facilities. The re-appointment was recommended by the Nomination and Remuneration Committee and approved by the Board. Mr. Bansal is not related to any existing director, KMP or promoter, holds no equity shares in the company, and is not debarred by SEBI from holding a directorship.
This is a routine internal re-appointment of a long-serving director (since 2007), so it is unlikely to cause any significant movement in the stock price. Shareholders will need to approve the appointment at a general meeting, which is the next key event to watch.