Intimation of Changes in Management as under: 1) Change in designation of Mr. Rajesh N. Doshi from Chairman and Executive Director to Executive Director. 2) Re-designation of Mr. ....
RAJOOENG · price
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On May 16, 2025, the board of Rajoo Engineers approved two changes to its leadership. Mr. Rajesh N. Doshi, who was Chairman and Executive Director, was re-designated as Executive Director only — so he remains on the board and continues in an executive role but gives up the Chairman position. Mr. Pratik R. Kothari, who was already a Non-Executive & Non-Independent Director on the board, was designated as the new Chairman. No new director was inducted and no one resigned; both individuals are existing board members. The decision was taken on the recommendation of the Nomination and Remuneration Committee.
This is an internal reshuffle with no change in the number of directors. Mr. Doshi stays involved in day-to-day management as Executive Director, ensuring operational continuity. The chairmanship passing to an existing non-executive director is largely a governance formality and is unlikely to materially affect the company's strategy or stock price in the short term.