Capacite Infraprojects Limited , a prominent player in the Indian infrastructure sector, has announced the unfortunate demise of Mr. Arun Karambelkar, who served as an Independent Director on the company's board. The company disclosed this information in a regulatory filing to the stock exchanges on November 3, 2025.

Key Details

Mr. Karambelkar, who had been associated with Capacite Infraprojects since 2018, passed away on Sunday, November 2, 2025. His contributions to the company's governance and operations over the past seven years were noted as significant.

Impact on Board Composition

Following Mr. Karambelkar's demise, several changes have been made to the company's board structure and committee compositions:

These changes have taken immediate effect, as per the company's announcement.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, Capacite Infraprojects has submitted detailed information as required by the SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/0155 dated November 11, 2024.

Company's Response

The Board of Directors and employees of Capacite Infraprojects have conveyed their sincere condolences to Mr. Karambelkar's family. The company acknowledged his valuable contributions during his tenure, which spanned approximately seven years.

This unexpected event may lead to a reorganization of the board committees in the near future. Investors and stakeholders will likely be keen to see how Capacite Infraprojects addresses this vacancy and maintains the strength of its corporate governance structure.

The company has stated that this information will also be available on their official website, www.capacite.in , for public access.

Capacite Infraprojects , a prominent player in the infrastructure sector, has clinched a significant contract worth ₹542.37 crore from the prestigious Indian Institute of Technology (IIT) Bombay. The project involves fast-track building construction, highlighting the company's capabilities in executing time-sensitive projects.

Contract Details

This substantial order underscores Capacite Infraprojects' strong position in the construction industry and its ability to secure high-value projects from renowned institutions. The contract with IIT Bombay, one of India's premier educational institutions, not only adds to the company's order book but also enhances its reputation in the infrastructure development sector.

Implications for Capacite Infraprojects

The securing of this contract is a positive development for Capacite Infraprojects, potentially impacting several aspects of its business:

1. Order Book Growth: This ₹542.37 crore project significantly boosts the company's order book, providing improved revenue visibility for the coming quarters.

2. Expertise Showcase: The fast-track nature of the construction project demonstrates Capacite Infraprojects' capability to handle time-sensitive, complex projects.

3. Institutional Clientele: Winning a contract from IIT Bombay may open doors for more projects from other prestigious educational institutions and government bodies.

4. Market Position: This high-value contract reinforces Capacite Infraprojects' standing in the competitive infrastructure and construction market.

As the project progresses, investors and market watchers will likely keep a close eye on Capacite Infraprojects' execution capabilities and the potential impact on its financial performance in the coming quarters.