Announced Mon, 9 Feb · 16:27 IST

Please find enclosed Disclosure under Regulation 30 of Securities and Exchange Board of India (LODR),2015.

Ceo ResignedKmp ResignedManagement Changes View source PDF

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AI summary

Meghna Infracon Infrastructure Ltd has informed BSE that its Chief Executive Officer, Mr. Dhaval Lapasia, has resigned from the position effective from the close of business hours on February 9, 2026. Mr. Lapasia cited personal reasons and his desire to pursue other interests as the cause of his departure. The company confirmed that Mr. Lapasia was classified as a Key Managerial Personnel (KMP) under the Companies Act, 2013, and has committed to extending full cooperation during the handover period. The disclosure has been made under Regulation 30 of SEBI LODR Regulations, 2015, with the resignation letter enclosed as an annexure.

Likely market impact

The sudden exit of the CEO may create short-term uncertainty around leadership continuity and strategic execution at the company. Investors should monitor for a timely replacement announcement, as a prolonged vacancy at the top could weigh on sentiment, though the resignation was cited as personal and not due to any governance or performance issues.