Power Mech Projects Limited has informed the Exchange regarding re-appointment of Mr. Kishore Babu Sajja as Managing Director of the company w.e.f. April 01, 2026.
POWERMECH · price
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Power Mech Projects announced multiple board decisions on August 8, 2025. First, it posted its Q1 FY26 (quarter ended June 30, 2025) results, with consolidated total income rising to Rs. 1,304.78 crore from Rs. 1,016.62 crore a year earlier, and profit after tax climbing to Rs. 80.55 crore from Rs. 61.72 crore. Second, Mr. Bontha Prasada Rao (former CMD of BHEL) was appointed as an Additional Independent Director for 3 years. Third, Mr. Rohit Sajja, currently the Company's President and son of CMD Kishore Babu Sajja, was elevated to Additional and Whole-time Director for 5 years. Finally, Mr. Kishore Babu Sajja was re-appointed as Managing Director for another 5 years from April 1, 2026, subject to shareholder approval. All director appointments need shareholder approval. Limited review by auditors Brahmayya & Co was unmodified.
Strong year-on-year top-line and profit growth in Q1 signals healthy operational momentum. The board overhaul points to succession planning with the promoter's son formally joining the board, while a respected former PSU chief (ex-BHEL CMD) adds independent oversight — generally positive for governance and continuity, though promoter-family board expansion is worth monitoring.