Rajoo Engineers Limited has informed the Exchange regarding Change in Director(s) of the company.
RAJOOENG · price
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Rajoo Engineers' board has appointed Ms. Lakshmi Ramakrishnan as an Additional Independent (Non-Executive) Director for a five-year term starting September 23, 2025, subject to shareholder approval. Ms. Ramakrishnan brings over 28 years of experience across manufacturing, engineering, and retail, and previously served as CEO of Essen Speciality Films Pvt. Ltd., where she led the business to over Rs. 100 crore in annual turnover. Meanwhile, Mr. Laxman Rudabhai Ajagiya will cease to be an Independent Director from September 24, 2025, on completing his second consecutive five-year term – a routine, natural end of tenure rather than a resignation. The Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee have all been reconstituted accordingly.
This is a routine board renewal with no negative governance signals. The outgoing director completed his full permitted tenure, and the incoming director adds relevant manufacturing and governance expertise. The appointment still needs shareholder approval, so investors can expect a postal ballot or EGM vote on this matter.