Intimation of Outcome of Board Meeting held on May 16, 2025 for changes in Chairman of the Board of Directors.
RAJOOENG · price
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Rajoo Engineers announced changes in its Board leadership effective May 16, 2025. Mr. Rajesh Nanalal Doshi has been re-designated from Chairman and Executive Director to Executive Director, stepping down as Chairman but continuing in an executive role. Mr. Pratik Rajendrabhai Kothari, an existing Non-Executive and Non-Independent Director, has been designated as the new Chairman of the Board. The changes were approved on the recommendation of the Nomination and Remuneration Committee. Kothari holds a commerce degree and has been advising the company on Design, R&D, and overseas marketing.
This is an internal board restructuring with no change in overall director composition. Shareholders should note the separation of Chairman and Executive Director roles, as Kothari is non-executive, which is generally aligned with good governance practice.