HBL Engineering Ltd has appointed Mrs. Kavita Prasad Aluru as Executive Director for a term of five years effective July 01, 2026. The decision, taken by the Board of Directors, elevates her from the role of Non-Executive Director and is subject to the approval of the shareholders.

The appointment was based on the recommendation of the Nomination and Remuneration Committee. Mrs. Aluru has been associated with the company for over two decades and has served on the Board since 2000. Her previous experience includes serving as Executive Director, where she was involved in the day-to-day management of the company.

Mrs. Kavita Prasad Aluru brings extensive experience in exports, finance, banking, treasury, corporate governance, strategic planning, and business operations. The company stated that her deep understanding of the business makes her well suited to lead the executive functions.

The disclosure regarding the change in role was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 03:00 pm and concluded at 04:45 pm on July 01, 2026.

Key Details of Appointment

Mrs. Kavita Prasad Aluru is the daughter of Dr. A J Prasad, Chairman and Managing Director of the company. She is the spouse of Mr. MSS Srinath and the mother of Ms. Deeksha Mikkilineni. The company confirmed that she is not debarred from holding the office of Director by SEBI or any other authority.

HBL Engineering Limited has disclosed that its promoters and persons acting in concert held no encumbered shares as of March 31, 2026. The company submitted the annual disclosure to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that none of the shares held by the promoter group were pledged, lien, or otherwise encumbered at the end of the financial year.

The disclosure covers the shareholding details of eight promoter entities, including individuals and family trusts. The Aluru Family Private Trust, represented by Trustee Kavita Prasad Aluru, holds the largest stake at 14,22,05,858 shares, representing 51.3% of the total share capital. Other key promoters include Kavita Prasad Aluru (3.53%), Mikkilineni Advay Bhagirath (1.41%), and Dr. Aluru Jagadish Prasad (0.97%).

Promoter Shareholding Details

The table below outlines the shareholding of each promoter entity as of March 31, 2026, confirming that no shares were encumbered.

The filing was signed by authorized signatories for each promoter entity, including G B S Naidu, Company Secretary of HBL Engineering Limited. The disclosure was submitted to the exchanges on April 07, 2026. The absence of encumbrance indicates that the promoters have not pledged their shares as collateral for loans or other financial obligations, which is generally viewed as a positive indicator of corporate governance and financial stability.