Announced Tue, 30 Jun · 17:50 IST

CFO change at Modern Engineering and Projects - new CFO appointed from July 1

Cfo ResignedKmp ResignedManagement Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.3%1-day move
₹30.35
prior close
₹31.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.3-1.5-2.1-2.0-2.8-7.8-6.4
Up moveDown movePending
AI summary

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.

Likely market impact

Smooth CFO transition with no governance red flags. Resignation reason is personal career choice, not internal issues. New CFO brings external finance experience.