Constronics Infra , a prominent player in the construction sector, has announced significant changes to its board composition and key appointments following a board meeting held on September 4, 2025. The company has made several strategic decisions aimed at strengthening its leadership and governance structure.

Board Appointments and Re-appointments

The board has approved the following appointments and re-appointments:

• Mr. Rajamani Ragavachari Sundara Raghavan: Re-appointed as Managing Director for a three-year term (November 26, 2025 - November 25, 2028).
• Mr. Rajendren Purushothaman: Re-appointed as an Independent Director for a three-year term (from September 28, 2025).
• Mr. Kailas Asokkumar Ashon: Appointed as a new Independent Director for a three-year term (from September 4, 2025).

Continuation of Directorship

The board has approved the continuation of Mr. Tirukkurungudi Seshadri Srinivasan as an Independent Director beyond the age of 75. Mr. Srinivasan, who will turn 75 in October 2026, brings extensive experience as a chartered accountant, cost accountant, and company secretary.

Resignation

Mr. Brough Nagar David Yesaian has resigned from his position as an Independent Director, effective September 4, 2025, citing pre-occupation and personal commitments.

Auditor Appointments

• M/s. B Thiagarajan & Co., Chartered Accountants: Re-appointed as Statutory Auditor for five consecutive years (2025-26 to 2029-30).
• Mr. S S Vignesh: Appointed as Secretarial Auditor for five years (2025-26 to 2029-30).

Annual General Meeting

Constronics Infra Limited has scheduled its 33rd Annual General Meeting for September 27, 2025, to be held via video conferencing. Shareholders will vote on these appointments and other matters during the meeting.

These strategic changes in Constronics Infra's leadership structure are subject to shareholder approval at the upcoming Annual General Meeting. The company's proactive approach in strengthening its board and auditing functions reflects its commitment to robust corporate governance and sustainable growth in the dynamic construction sector.

Constronics Infra Limited, a prominent player in the infrastructure sector, has taken a significant step to support its wholly-owned subsidiary, Constronics Energy Solution Private Limited. The company has issued a corporate guarantee of INR 19 crores to secure a term loan facility for its subsidiary.

Key Details of the Corporate Guarantee

Financial Implications

According to the company's statement, there is no immediate financial impact on Constronics Infra Limited as a result of this corporate guarantee. However, it's important to note that a contingent liability exists for the full amount of the guarantee, which is INR 19.00 crores.

Regulatory Compliance and Transparency

In compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, Constronics Infra Limited has duly informed the BSE Limited about this development. The company has provided detailed information as required by SEBI circulars, demonstrating its commitment to transparency and regulatory adherence.

Related Party Transaction

The company has disclosed that the promoter group has an interest in this transaction, given that it involves a wholly-owned subsidiary. However, Constronics Infra has emphasized that the corporate guarantee was executed at arm's length, ensuring fairness in the transaction.

Company's Perspective

Constronics Infra Limited views this corporate guarantee as a strategic move to support its subsidiary's financial requirements. By providing this guarantee, the company is facilitating access to necessary funding for Constronics Energy Solution Private Limited, which could potentially contribute to the growth and expansion of the group's energy solutions business.

While the immediate financial impact is neutral, stakeholders should be aware of the contingent liability associated with this guarantee. As the infrastructure and energy sectors continue to evolve, such inter-company financial support mechanisms may play a crucial role in fostering growth and leveraging opportunities within the group's diverse business portfolio.