BEML Land Assets Limited has announced the cessation of Dr. M.V. Natesan as Independent Director from its board, effective April 17, 2026. The company informed stock exchanges that the departure occurred following the completion of his one-year tenure as an Independent Director.

Board Transition Details

The company has provided specific details regarding the directorship change:

Regulatory Compliance

BEML Land Assets Limited has fulfilled its disclosure obligations under Regulation 30 read with Schedule III of the SEBI Listing Regulations, 2015. The company communicated this board change to both major stock exchanges where its shares are listed.

The notification was sent to:

• National Stock Exchange of India Limited (Symbol: BLAL)
• The BSE Limited (Scrip code: 543898)

Company Background

BEML Land Assets Limited operates as a Schedule 'C' company under the Ministry of Defence, Government of India. The company maintains its corporate governance standards by ensuring timely communication of all material changes to regulatory authorities and stakeholders.

The cessation represents a routine board transition following the natural completion of the director's tenure period. The company secretary and compliance officer, Ravisekhar Rao S.V., signed the official communication to the exchanges on April 17, 2026.

BEML Land Assets Limited has announced a key leadership transition with the appointment of a new Company Secretary and Compliance Officer. The decision was made during the company's 28th Board Meeting held on April 16, 2026, marking an important administrative change for the Schedule 'C' company under the Ministry of Defence, Government of India.

Board Meeting Outcome

The Board of Directors approved the appointment of Bharti Ramchandani as the new Company Secretary and Compliance Officer during their meeting that commenced at 16.00 hours and concluded at 16.30 hours on April 16, 2026. The appointment is effective from April 21, 2026, ensuring a seamless transition in the company's secretarial functions.

Leadership Transition Details

New Appointee Profile

Bharti Ramchandani brings substantial expertise to her new role as Company Secretary and Compliance Officer. She holds a Bachelor of Arts degree with Honours in Economics and is a qualified Company Secretary. As a Fellow member of the Institute of Company Secretaries of India (F11651), she possesses approximately 9 years of experience in the secretarial field. Importantly, she maintains no relationships with any Directors or Key Managerial Personnel of the company, ensuring independence in her role.

Outgoing Officer Details

Ravisekhar Rao S V, the current Company Secretary and Compliance Officer (ICSI Mem. No. A15910), will complete his tenure on April 20, 2026. His cessation marks the end of his service period with the company, paving the way for the new appointment.

Regulatory Compliance

The appointment and cessation details have been disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company has provided comprehensive information about both the incoming and outgoing officers, including their qualifications, experience, and relationship disclosures as required by regulatory frameworks. This transition demonstrates the company's commitment to maintaining proper governance standards and regulatory compliance in its administrative functions.