Engineers India Limited appointed Atul Gupta as Chairman & Managing Director effective June 29, 2026. The appointment follows a Ministry of Petroleum & Natural Gas directive and will remain valid until his superannuation on September 30, 2029, or until further orders.

The Board of Directors approved the appointment during a meeting held on June 29, 2026. Gupta, previously the Director (Commercial), assumed charge on the afternoon of June 29, 2026. He takes over the additional charge of the post from Praveen M. Khanooja, Additional Secretary, Ministry of Petroleum & Natural Gas.

Gupta is a Mechanical Engineer from GBPUAT Pantnagar and joined the company as a Management Trainee in 1992. His career spans 30 years, during which he led multidisciplinary teams in the implementation of mega projects across Refinery, Petrochemical, Pipeline, and Fertilizer sectors in India and abroad.

The company confirmed that Gupta is not debarred from holding the office of Director by any SEBI order or other authority. His inter-se relationship with other Directors of Engineers India Limited is NIL.

Building on their long-standing partnership, Hindustan Copper Limited (HCL) and Engineers India Limited (EIL) signed a Memorandum of Agreement (MoA) on June 22, 2026, to provide consultancy, engineering, and advanced technical solutions for the copper and rare earth elements sectors. The agreement, formalized at EIL's Corporate Office in New Delhi, aims to support HCL's vertically integrated operations spanning from mineral exploration to downstream extraction. This strategic partnership leverages EIL's expertise in engineering consultancy and project management to bolster HCL's capabilities in critical minerals.

Scope of the Agreement

The MoA outlines a comprehensive framework for collaboration across several key service areas. HCL will engage EIL for a variety of technical and strategic services to enhance its operational efficiency and project execution.

Strategic Focus on Critical Minerals

Copper and rare earth elements are vital for modern industrial and technological applications. By combining their strengths, HCL and EIL intend to deliver integrated solutions across the value chain for these critical materials. The collaboration focuses on supporting HCL's expansive operations, which include end-to-end mining, smelting, refining, and downstream extraction processes.

Key Highlights

• The agreement covers consultancy and engineering services for copper and rare earth element projects.
• Project management and safety and integrity studies form core components of the collaboration framework.
• Advanced technical solutions and sustainability initiatives are included as distinct areas of joint focus.
• The MoA was signed in the presence of HCL Chairman and Managing Director Shri Sanjiv Kumar Singh and senior officials from both organizations.

This collaboration underscores the increasing strategic importance of copper and rare earth elements in industrial development, with both companies committing their combined expertise to deliver comprehensive solutions in this domain.