Power Mech Projects Limited has informed the Exchange regarding Appointment of Mr. Rohit Sajja as Executive Director of the company w.e.f. August 08, 2025.
POWERMECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.2 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Power Mech Projects' board met on August 8, 2025 and approved Q1 FY26 results, with standalone revenue of Rs 905.27 crores (up from Rs 857.08 cr YoY) but standalone profit after tax falling to Rs 49.79 crores from Rs 57.59 crores YoY. On a consolidated basis, revenue rose sharply to Rs 1,293.41 crores and PAT grew to Rs 80.55 crores from Rs 61.72 crores. The board appointed Mr. Bontha Prasada Rao, former BHEL Chairman & MD, as an Independent Director for 3 years. Mr. Rohit Sajja, currently the President, was elevated to Executive/Whole-time Director for 5 years. Managing Director Kishore Babu Sajja was re-appointed for another 5 years effective April 1, 2026.
The elevation of Rohit Sajja (son of MD Kishore Babu Sajja) to the board as Executive Director signals a clear next-generation succession path within the promoter family, which some investors may view positively for continuity and others as a governance concern. Standalone earnings dip despite revenue growth could draw scrutiny, though strong consolidated growth softens the impact. The induction of a high-profile ex-BHEL chief as Independent Director should bolster board credibility.