CMD Laxmiraj Nayak resigns; Anjan Roy named new Chairman, MD and CEO
YAAP · price
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Board noted the resignation of Chairman and Managing Director Laxmiraj Seetharam Nayak effective October 9, 2026. Anjan Roy, an existing Senior Partner since 2016, appointed as Additional Director, Chairman, MD and CEO for three years from October 14, 2026, subject to shareholder approval. Audit, CSR and Stakeholders committees reconstituted. IT and auditor communication policies also approved.
Internal promotion of long-serving partner to the top role signals continuity, though the sudden exit of the outgoing CMD may need watching.