Engineers India Limited has announced significant changes to its Board of Directors following the completion of tenure for two Non-official Independent Directors. The company communicated these changes to stock exchanges in compliance with regulatory requirements under SEBI listing obligations.

Board Changes Effective 28.03.2026

The changes were implemented following a directive from the Ministry of Petroleum & Natural Gas, Government of India, through letter No. CA-31033/2/2021-PNG (39069) dated 28th March, 2025. Two directors have ceased from the Board upon completion of their tenure.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about these board changes.

Company Communication

The notification was signed by S.K. Padhi, Company Secretary & Compliance Officer, and was digitally authenticated on 28th March, 2026. The company has maintained transparency by promptly communicating these governance changes to stakeholders and regulatory authorities.

These board changes represent routine governance transitions as directors complete their designated tenure periods. The company continues to maintain its corporate governance standards while ensuring compliance with all applicable regulations and government directives.

Engineers India Limited has provided comprehensive details about its newly appointed interim Chairman & Managing Director, Shri Praveen M. Khanooja, following his appointment effective March 1, 2026. The company has shared his detailed professional profile with stock exchanges in compliance with SEBI regulations.

Leadership Appointment Details

The Ministry of Petroleum & Natural Gas had earlier approved the entrustment of additional charge of the Chairman & Managing Director position to Shri Praveen M. Khanooja for a three-month period starting March 1, 2026. The appointment is subject to earlier termination upon the appointment of a regular incumbent or until further government orders.

Professional Background

Shri Praveen Mal Khanooja brings extensive experience to his interim role, having served as Additional Secretary in the Ministry of Petroleum & Natural Gas since August 2022. Born on October 21, 1969, he holds a B.Tech in Chemical Engineering and M.Tech in Management & Systems.

Career Experience

Khanooja's professional journey spans various government departments and international assignments. He has worked in multiple capacities including Defence Audit, Railways Audit, and State Government Accounts & Audit across field and CAG Headquarters postings. His diverse experience includes serving as Additional DG in the Central Economic Intelligence Bureau and Director in the Department of Revenue, Ministry of Finance.

Notably, he has undertaken international assignments as an Expert in the State Audit Institution, Sultanate of Oman, Muscat, and served as DG of Petroleum Planning & Analysis Cell, Ministry of Petroleum & Natural Gas. His audit expertise extends to international organizations, having conducted Compliance and Performance Audits of FAO Rome, WIPO Geneva, WTO Spain, GFMD Geneva, and UNITAID Geneva.

Regulatory Compliance

Engineers India Limited has fulfilled its disclosure obligations by informing BSE Limited and the National Stock Exchange of India Limited about the appointment details. The company has confirmed that Shri Khanooja has no inter-se relationship with other Directors of Engineers India Limited and is not debarred from holding the office of Director by any SEBI Order or other authority.

The detailed profile submission follows the company's earlier intimation dated March 1, 2026, and complies with SEBI Master Circular dated January 30, 2026. This comprehensive disclosure ensures complete regulatory compliance during the leadership transition period.