The Board of Directors in its meeting held on 03/09/2025 reappinted Mr. Vinod Sahai and Mr. Sunilbhai Chhabaria as Independent Directors for a period five years.
Awaiting price reaction for this filing.
AJR Infra and Tolling's board, at its meeting on September 3, 2025, approved the re-appointment of Mr. Vinod Sahai (DIN: 01184471) and Mr. Sunilbhai Chhabaria (DIN: 07162678) as Independent Directors for a second consecutive term of five years each, effective from July 31, 2025 to July 30, 2030. The re-appointments were recommended by the Nomination and Remuneration Committee and are subject to shareholder approval at the upcoming 24th Annual General Meeting. Mr. Sahai is an IIT Kharagpur mechanical engineering graduate with around 50 years of international experience in construction and joint ventures. Mr. Chhabaria is a law graduate with an MBA in marketing, a practising lawyer at the Gujarat High Court with about 15 years of experience in land laws, commercial litigation and taxation, and a former Civil Judge. Both directors confirmed they are not related to any other directors on the board and are not debarred from holding office by SEBI or any other authority.
This is a routine governance announcement that signals board continuity and stability. No material impact expected on share price; shareholders will have the final say at the AGM.