CFO change at Modern Engineering and Projects - new CFO appointed from July 1
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Modern Engineering and Projects Ltd announced a change at the CFO level. Mrs. Francisca Rosario resigned as CFO effective end of business on June 30, 2026, to pursue an alternate career opportunity outside the company. The Board has appointed Mr. Navraj Bhatt as the new CFO effective July 01, 2026, on the recommendation of the Nomination and Remuneration Committee and Audit Committee. He is a Commerce Graduate and Chartered Accountant with 10 years of experience in finance, accounting and taxation, previously serving at Man Infra Construction Limited in Mumbai.
Smooth CFO transition with no governance red flags. Resignation reason is personal career choice, not internal issues. New CFO brings external finance experience.