1. Appointment of Mr. Prashant Natwarlal Lakhani as an Additional Director in the capacity of Executive Director w.e.f 23.07.2025. 2. Took note of resignation of Mr. Ravi Kotia from ....
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Shree Krishna Infrastructure announced key management changes effective July 23, 2025. Mr. Ravi Kotia resigned as Chairman and Managing Director, and his resignation letter explicitly states it is 'pursuant to the Open Offer and as per the conditions mentioned therein,' pointing to a change in ownership or control. Mr. Prashant Natwarlal Lakhani (DIN: 00559519) has been appointed as Additional Executive Director, subject to shareholder approval at the next general meeting. Lakhani has over 30 years of experience in logistics and corporate management. The Audit Committee and Stakeholders Relationship Committee have been reconstituted following these changes.
The CMD's resignation is directly tied to an ongoing Open Offer, signalling a likely change in control of the company that shareholders should track closely. The appointment of a new Executive Director with logistics experience suggests the new controlling group may be reshaping operations, but the absence of a new Chairman/MD leaves a leadership gap that could create short-term uncertainty.