NBCC Independent Director Shri Rajeev Kumar Ceases from Directorship Upon Completion of Tenure

NBCC (India) Limited , a Navratna Central Public Sector Enterprise and Government of India enterprise, has informed the stock exchanges of a change in its Board of Directors. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has disclosed that its Independent Director, Shri Rajeev Kumar, has ceased from Directorship upon completion of his tenure.

Board-Level Change at NBCC

The cessation took effect on May 08, 2026, as communicated through a formal intimation filed with the exchanges on the same date. The development was also in reference to NBCC's earlier intimation dated May 10, 2025, which had previously notified the exchanges regarding the scheduled completion of tenure.

The key details of the directorship cessation are summarised below:

Parameter:	Details
Director Name:	Shri Rajeev Kumar
DIN:	01610012
Designation:	Independent Director
Date of Cessation:	May 08, 2026
Reason for Cessation:	Completion of Tenure
Regulatory Reference:	Regulation 30, SEBI (LODR) Regulations, 2015

No Other Reason Cited

NBCC has explicitly stated that there is no other reason for the cessation of Shri Rajeev Kumar's directorship beyond the completion of his tenure. The company's Company Secretary, Deepeti Gambhir (F-4984), signed and filed the disclosure on behalf of NBCC (India) Limited. The announcement has also been made available on the company's official website at https://www.nbccindia.in/webEnglish/announcementNotices for public information and record.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.91%	+9.81%	+19.58%	-11.24%	+4.94%	+243.13%

NBCC (India) Limited , a Navratna Central Public Sector Enterprise and Government of India undertaking, has secured work orders worth ₹103.47 crore (excl. GST) from Power Finance Corporation Limited for the execution of various CSR projects across multiple states. The company has been appointed as the Project Management Agency for these assignments, as disclosed through an official intimation filed with the stock exchanges on May 07, 2026.

Order Details

Power Finance Corporation Limited has entrusted NBCC with the responsibility of executing its various CSR projects spanning multiple states in India. The company confirmed that the said work falls within the normal course of business. The following table summarizes the key parameters of the order:

Parameter:	Details
Client:	Power Finance Corporation Limited
Order Value:	₹103.47 crore (excl. GST)
Project Type:	CSR Projects
NBCC's Role:	Project Management Agency
Scope:	Multiple States
Disclosure Date:	May 07, 2026

Significance of the Order

The award reinforces NBCC's established position as a preferred project management and construction services provider for major public sector undertakings. Being designated as the Project Management Agency for CSR initiatives by Power Finance Corporation — a prominent government-owned financial institution in the power sector — underscores the institutional trust placed in NBCC for the delivery of large-scale, multi-state social infrastructure projects. CSR project execution for government-backed corporations represents a meaningful segment of NBCC's business portfolio, enabling the company to contribute to social infrastructure development across diverse geographies.