Appointment of Additional Independent Director
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Engineering and Projects Ltd has appointed Abhijit Jayant Deshpande as an Additional Independent Director effective May 12, 2026. The appointment was made based on the recommendation of the Nomination & Remuneration Committee. Deshpande is a senior power sector professional with over 35 years of experience, having worked with Maharashtra State Electricity Distribution Company Limited and served as Secretary of the Maharashtra Electricity Regulatory Commission for five years. He is not related to any existing directors of the company and is not debarred from holding the director position.
This appointment strengthens the board's independence and brings valuable power sector expertise, which could be beneficial for a company engaged in engineering and projects. The appointment follows proper governance procedures with no red flags.