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 Infrastructure Limited has disclosed the pledging of 26.94 lakh equity shares, constituting 30% of its shareholding, as security for a term loan facility availed by its wholly-owned subsidiary, Constronics Energy Solutions Private Limited. The company made this disclosure in compliance with SEBI regulations on December 29, 2025.

Share Pledging Details

Regulatory Compliance Framework

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as mandated by SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, and Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Transaction Structure and Impact

Strategic Implications

The share pledging arrangement represents a strategic financial support mechanism for the subsidiary's funding requirements. By pledging a significant portion of its equity shares, Constronics Infrastructure is facilitating access to debt financing for Constronics Energy Solutions Private Limited, which operates in the energy solutions segment.

Corporate Governance Adherence

The company has maintained transparency by disclosing that while the promoter group has an interest in this transaction due to the subsidiary relationship, the arrangement has been executed on an arm's length basis. This ensures compliance with corporate governance standards and regulatory requirements for related party transactions involving listed entities and their subsidiaries.