Anjan Roy named Chairman, MD and CEO; Laxmiraj Nayak resigns as CMD
YAAP · price
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Board appointed Anjan Roy, current Senior Partner at the company since August 2016, as Chairman, Managing Director and CEO for 3 years effective October 14, 2026, subject to shareholder approval. He is not debarred and not related to any existing director. Earlier, Laxmiraj Seetharam Nayak resigned as Chairman and Managing Director effective October 9, 2026. Audit, CSR and Stakeholders Relationship committees were reconstituted accordingly.
Top leadership change. An experienced internal candidate takes over, offering continuity, though shareholder approval for the appointment is still pending.