Kridhan Infra appoints three directors as managing director resigns

2 min read     Updated on 21 Jul 2026, 08:32 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Kridhan Infra Limited appointed Mr. Badatala Sreenivasa Rao, Mr. Krishnaprasad Sunder Rao, and Mr. Mithlesh Jaiswal as directors, and Ms. Ekta Rathod as Company Secretary & Compliance Officer, effective July 21, 2026. Managing Director Mr. Gautam Suri resigned due to medical reasons, effective the same day. The new directors have extensive experience in banking, infrastructure, and finance respectively.

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Kridhan Infra Limited has restructured its board and key managerial personnel with the appointment of three new directors and the resignation of its Managing Director, effective July 21, 2026. The Board of Directors approved the appointments based on the recommendations of the Nomination and Remuneration Committee. These changes are subject to approval by the shareholders of the company.

Mr. Badatala Sreenivasa Rao has been appointed as an Additional Non-Executive & Independent Director for a term of five consecutive years. He is not liable to retire by rotation. Mr. Krishnaprasad Sunder Rao has been appointed as an Additional Director (Whole Time Director) for five years, liable to retire by rotation. Mr. Mithlesh Jaiswal, currently the Chief Financial Officer, has been appointed as an Additional Director (Executive Director) for five years, also liable to retire by rotation.

The company also appointed Ms. Ekta Rathod as Company Secretary & Compliance Officer and Key Managerial Personnel effective July 21, 2026. Concurrently, the board noted the resignation of Mr. Gautam Suri as Managing Director, effective from the close of business hours on July 21, 2026, due to medical reasons. The board placed on record its appreciation for Mr. Suri's contributions.

Appointments and Resignations

The following table summarizes the changes in the company's management:

Name Designation Date of Effect Term Retirement Liability
Mr. Badatala Sreenivasa Rao Additional Non-Executive & Independent Director July 21, 2026 5 Years Not liable to retire by rotation
Mr. Krishnaprasad Sunder Rao Additional Director (Whole Time Director) July 21, 2026 5 Years Liable to retire by rotation
Mr. Mithlesh Jaiswal Additional Director (Executive Director) July 21, 2026 5 Years Liable to retire by rotation
Ms. Ekta Rathod Company Secretary & Compliance Officer July 21, 2026 - -
Mr. Gautam Suri Managing Director July 21, 2026 - Resigned

Director Profiles

Mr. Badatala Sreenivasa Rao is a Post Graduate in Agriculture specializing in Genetics & Plant Breeding. He has extensive experience in banking, having served as Chief Financial Officer and General Manager overseeing Finance and Planning at a large public sector bank. Mr. Krishnaprasad Sunder Rao is a commerce graduate with 20 years of experience in the infrastructure and construction industry, specializing in large-scale projects. Mr. Mithlesh Jaiswal, aged 58, holds a Bachelor's degree in Commerce and has 35 years of experience in Accounts & Taxation across various industries.

Ms. Ekta Rathod is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India. She holds a Bachelor of Commerce degree and possesses experience in secretarial compliance and corporate regulatory matters. The appointments and resignation were intimated to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Kridhan Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-0.39%-1.54%-12.67%-26.51%-46.43%-58.20%

How will the departure of the Managing Director impact the company's strategic direction and ongoing projects?

What criteria will the board use to select a new Managing Director, and when is a replacement expected to be announced?

How will the new directors' expertise in banking, infrastructure, and taxation influence Kridhan Infra's future growth plans?

Kridhan Infra declares no encumbrance on promoter shares

1 min read     Updated on 08 Jul 2026, 08:08 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Kridhan Infra Ltd disclosed that its promoters and persons acting in concert have confirmed there is no encumbrance on their shares under Regulation 31(4) of the SEBI (SAST) Regulations, 2011. The declaration was submitted to the stock exchanges on April 10, 2026. Promoter Anil Agrawal made the disclosure on behalf of the promoter group.

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Kridhan Infra Ltd disclosed that its promoters and persons acting in concert have confirmed there is no encumbrance on their shares under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration, submitted to BSE and NSE on April 10, 2026, confirms that the shares held by the promoter group are free from any charge or lien. This compliance ensures transparency regarding the holding status of the company's key stakeholders.

The disclosure was made by Anil Agrawal, a promoter of Kridhan Infra Ltd , on behalf of himself and other members of the promoter and promoter group, as well as persons acting in concert. The filing was addressed to the National Stock Exchange of India Limited and BSE Limited to meet regulatory requirements.

The list of promoters and persons acting in concert includes Anil Agrawal, Krishna Devi Agarwal, Kridhan Infrastructures Private Limited, and Kridhan Petrochemicals Private Limited. The declaration confirms that these entities have complied with the necessary disclosure norms.

Promoters and Persons Acting in Concert

Sr. No Name
1. Anil Agrawal
2. Krishna Devi Agarwal
3. Kridhan Infrastructures Private Limited
4. Kridhan Petrochemicals Private Limited

Historical Stock Returns for Kridhan Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-0.39%-1.54%-12.67%-26.51%-46.43%-58.20%

Does this clean holding status suggest that the promoters are preparing for a potential stake sale or merger in the near future?

How will this declaration impact investor confidence and the stock's liquidity on the BSE and NSE?

Could the removal of any perceived overhang regarding share encumbrance lead to a re-rating of the company's valuation?

More News on Kridhan Infra

1 Year Returns:-46.43%