Transrail Lighting Limited has approved the re-appointment of Mr. Ashish Gupta and Mr. Ranjit Jatar as Non-Executive Independent Directors for a second term of five years commencing August 10, 2026. The Board of Directors also approved the re-appointment of Mr. Sanjay Kumar Verma as a Non-Executive Director designated as Vice Chairman. These decisions were taken during a board meeting held on June 29, 2026, and are subject to the approval of shareholders by way of a special resolution.

The re-appointments aim to ensure continuity in the company's governance structure. Mr. Ashish Gupta (DIN: 07998166) brings extensive experience in the infrastructure sector, specializing in project management and arbitration. Mr. Ranjit Jatar (DIN: 01526405) is a Chartered Accountant with leadership experience across finance, human resources, and general management. Mr. Sanjay Kumar Verma (DIN: 08235643), re-appointed as Vice Chairman effective September 27, 2026, is a technocrat entrepreneur with over two decades of experience in international joint ventures and Mergers & Acquisitions.

The Board noted that Mr. Vinod Dasari (DIN: 03456577) will complete his first term as a Non-Executive Independent Director on August 9, 2026. He has decided not to seek re-appointment for a second term due to personal reasons. The Board expressed its appreciation for his contributions during his tenure.

To facilitate the approvals, the Board approved the draft Postal Ballot Notice. Shareholders will vote on the re-appointments of Mr. Jatar, Mr. Gupta, and Mr. Verma, as well as approvals for the payment of commission to Non-Executive Directors and specifically to Mr. Verma. The necessary disclosures and the postal ballot notice will be communicated in due course.

Director Re-appointment Details

Transrail Lighting Limited has secured new international orders worth approximately ₹459 crore in the Transmission & Distribution (T&D) business, primarily in the MENA region. These EPC projects for the construction of transmission lines strengthen the company's unexecuted order book and reinforce its position as a prominent T&D EPC player in global markets. The order wins reflect the confidence customers place in the company's engineering and execution capabilities.

With this development, Transrail Lighting's order inflow for the year has reached ₹1,034 crore. Additionally, the company holds an L1 position of around ₹400 crore. The company continues to maintain a healthy bidding pipeline across both domestic and international markets, supporting its long-term growth outlook.

Order Book Details

The latest order wins contribute meaningfully to the company's overall order pipeline, as reflected in the key metrics below:

Management Commentary

Mr. Randeep Narang, MD & CEO, stated that the order wins further strengthen the company's position in the international T&D market. He emphasized that a strong unexecuted order book and a healthy bidding pipeline position the company well to sustain its growth momentum, while maintaining a focus on profitable growth and operational excellence.