Madhucon Projects Limited has informed the Exchange about change in Management
MADHUCON · price
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Awaiting price reaction for this filing.
Madhucon Projects Limited informed the exchanges that two director appointments made on 9th August 2025 were ratified by shareholders at the 35th Annual General Meeting held on 26th September 2025. Mr. Sambasiva Rao Jasty was confirmed as Director-Finance & Accounts, bringing around 24 years of experience in finance, accounts, and audit functions. Mr. Turlapati Venkata Sundara Jawaharlal Nehru was confirmed as Independent Director for a 5-year term ending 8th August 2030, with about 22 years of senior management experience. Neither appointee is related to any existing director on the board. The AGM ran from 3:00 PM to 3:40 PM IST on 26th September 2025.
This is a routine governance update — the shareholder ratification formalises two board appointments made earlier in August. No material change to business or operations is indicated, and the stock is unlikely to see a significant reaction.