DMR Engineering Board Approves Re-appointment of Mrs. Rachana Agrawal as Non-Executive Independent Director

1 min read Updated on 17 May 2026, 11:50 AM

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Jubin VScanX News Team

AI Summary

DMR Engineering Limited's board approved the re-appointment of Mrs. Rachana Agrawal (DIN: 09336019) as Non-Executive Independent Director for five consecutive years from September 30, 2026 to September 29, 2031, subject to shareholder approval at the forthcoming AGM. The decision, recommended by the Nomination and Remuneration Committee, was disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015. Mrs. Agrawal is a Fellow Member of the Institute of Chartered Accountants of India with more than 32 years of experience in finance, management, corporate governance, and accounts. She chairs the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee within the company.

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DMR Engineering Limited's board of directors, through a resolution by circulation dated May 16, 2026, approved the re-appointment of Mrs. Rachana Agrawal (DIN: 09336019) as a Non-Executive Independent Director. The decision was made on the recommendation of the Nomination and Remuneration Committee and disclosed to the BSE SME Platform under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The re-appointment is subject to the approval of shareholders at the company's forthcoming Annual General Meeting.

Re-appointment Details

The key parameters of Mrs. Rachana Agrawal's re-appointment are outlined below:

Parameter:	Details
Name:	Mrs. Rachana Agrawal
DIN:	09336019
Designation:	Non-Executive Independent Director
Term:	Five consecutive years
Effective From:	September 30, 2026
Effective To:	September 29, 2031
Subject To:	Shareholder approval at forthcoming AGM

Director Profile and Expertise

Mrs. Rachana Agrawal is a Fellow Member of the Institute of Chartered Accountants of India. She brings more than 32 years of professional experience and expertise spanning finance, management, corporate governance, and accounts. She also holds a directorship as Non-Executive Independent Director at DM Consulting Engineers Private Limited.

Committee Memberships at DMR Engineering

Within DMR Engineering Limited, Mrs. Rachana Agrawal holds the following committee positions:

Chairperson of the Audit Committee
Chairperson of the Nomination and Remuneration Committee
Chairperson of the Stakeholder Relationship Committee

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated January 30, 2026. The company has confirmed that Mrs. Rachana Agrawal is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. The filing was signed by Ravinder Kumar Bhatia, Company Secretary and Compliance Officer of DMR Engineering Limited (formerly DMR Hydroengineering & Infrastructures Limited).

How might Mrs. Rachana Agrawal's simultaneous chairpersonship of all three key committees impact DMR Engineering's corporate governance structure and decision-making independence going forward?

What strategic initiatives or financial oversight priorities could Mrs. Agrawal's re-appointment signal for DMR Engineering's growth plans on the BSE SME Platform through 2031?

Could Mrs. Agrawal's dual directorship at both DMR Engineering and DM Consulting Engineers Private Limited raise any potential conflict-of-interest concerns that shareholders might scrutinize at the upcoming AGM?

Work Order Details

The work order has been awarded by Wangchhu Hydroelectric Power Limited, Bhutan, an international entity. The scope of work covers consulting services for the design and engineering of the diversion tunnel and its ancillary works for the 570MW hydropower project. The following table summarises the key parameters of the order as disclosed:

Parameter:	Details
Awarding Entity:	Wangchhu Hydroelectric Power Limited, Bhutan
Nature of Order:	Engineering Consultancy Services
Scope of Work:	Design and engineering of the diversion tunnel and its ancillary works
Project:	570MW Wangchhu Hydropower Project, Bhutan
Order Value:	Rs. 1,80,07,875/- (exclusive of taxes)
Contract Period:	8 months
Domestic/International:	International
Related Party Transaction:	No
Promoter Interest in Awarding Entity:	No

Regulatory Disclosure

The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that the order does not constitute a related party transaction and that no promoter, promoter group, or group company holds any interest in the awarding entity, Wangchhu Hydroelectric Power Limited. The disclosure was signed by Ravinder Kumar Bhatia, Company Secretary and Compliance Officer of DMR Engineering Limited (formerly DMR Hydroengineering & Infrastructures Limited), on May 11, 2026.

Could DMR Engineering's successful entry into the Bhutan hydropower market lead to additional contract wins from Wangchhu Hydroelectric Power Limited or other Bhutanese energy projects beyond the current 8-month engagement?

How might this international order influence DMR Engineering's strategy for expanding its consultancy footprint across other South Asian hydropower markets such as Nepal, Myanmar, or Bangladesh?

Given the relatively modest order value of ~₹1.8 crore, what is the likelihood that strong performance on the diversion tunnel design could position DMR Engineering for larger, follow-on contracts within the broader 570MW Wangchhu project?