MEP Infrastructure Developers has accepted the resignation of its Chief Financial Officer, Mr. Rajendra Pawar, effective from the close of business hours on May 31, 2026. The resignation was submitted via email and formally accepted by the Resolution Professional, Mr. Ravindra Kumar Goyal, due to the company being under the Corporate Insolvency Resolution Process.

Mr. Pawar cited evolving professional commitments and new opportunities as the reason for his departure. The company confirmed that there are no other material reasons for his resignation beyond those stated. He served as the Chief Financial Officer from October 10, 2022, until his cessation date.

The company is currently undergoing insolvency proceedings pursuant to the Insolvency and Bankruptcy Code, 2016, following an NCLT order dated March 28, 2024. Mr. Ravindra Kumar Goyal has been appointed as the Resolution Professional, and a moratorium has been in effect since March 28, 2024.

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The relevant details regarding the change in key managerial personnel were submitted as required under applicable SEBI circulars.

MEP Infrastructure Developers Limited has submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026, while continuing under Corporate Insolvency Resolution Process.

SEBI Compliance Certificate Submission

The company notified stock exchanges on April 10, 2026, regarding the submission of the quarterly compliance certificate received from MUFG Intime India Pvt. Ltd., the company's Registrar and Share Transfer Agent. The certificate confirms compliance with dematerialisation procedures and securities handling requirements.

Corporate Insolvency Resolution Process Status

MEP Infrastructure Developers Limited remains under Corporate Insolvency Resolution Process since March 28, 2024, following the NCLT order. The company operates under the provisions of the Insolvency and Bankruptcy Code, 2016, with all regulatory submissions being handled by the Resolution Professional.

Registrar Confirmation Certificate

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued the confirmation certificate dated April 01, 2026. The certificate confirms that securities received from depository participants for dematerialisation during Q4FY26 were properly processed and confirmed to depositories within prescribed timelines.

The notification maintains the company's compliance with stock exchange disclosure requirements during the ongoing insolvency proceedings, with the Resolution Professional ensuring all regulatory obligations are met.