Engineers India Limited has announced a key leadership transition with the appointment of Shri Praveen M. Khanooja as interim Chairman & Managing Director. The appointment comes following approval from the Ministry of Petroleum & Natural Gas and marks an important development in the company's executive leadership structure.

Appointment Details

The Ministry of Petroleum & Natural Gas, Government of India, communicated the appointment through its letter dated March 1, 2026. The Hon'ble Minister (PNG) has approved the entrustment of additional charge of the Chairman & Managing Director position to Shri Praveen M. Khanooja, who currently serves as Additional Secretary at MoPNG.

Terms and Conditions

The appointment is structured as an interim arrangement with specific parameters. Shri Khanooja will hold the additional charge for a period of three months starting from March 1, 2026. However, the tenure is subject to earlier termination under two conditions: the appointment of a regular incumbent to the post or until further orders from the government, whichever occurs first.

Regulatory Compliance

Engineers India Limited has fulfilled its disclosure obligations by informing both major stock exchanges about this leadership change. The company notified BSE Limited and the National Stock Exchange of India Limited pursuant to the relevant provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has indicated that additional details pursuant to SEBI Circulars will be provided in due course, ensuring complete regulatory compliance. This appointment represents a temporary leadership arrangement while the company and government work toward identifying a permanent Chairman & Managing Director.

Corporate Governance

The appointment reflects the government's continued oversight of Engineers India Limited's operations, given the company's strategic importance in the petroleum and natural gas sector. Shri Khanooja's dual role as Additional Secretary at MoPNG and interim CMD of Engineers India Limited demonstrates the close coordination between the ministry and the company during this transitional period.

Engineers India Limited has officially announced the completion of Chairman and Managing Director Smt. Vartika Shukla's term, effective March 1, 2026. The announcement was made to stock exchanges in compliance with regulatory disclosure requirements.

Leadership Transition Details

The company informed both BSE and NSE that Smt. Vartika Shukla (DIN: 08777885) ceased her role as Chairman and Managing Director on March 1, 2026, following her superannuation on February 28, 2026. The transition marks the end of her tenure at the helm of the state-owned engineering consultancy company.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer S.K. Padhi digitally signed the official communication on March 1, 2026, at 10:54:25 AM, ensuring timely disclosure to stakeholders.

Corporate Communication

The formal notification was simultaneously sent to both major Indian stock exchanges - BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, and the National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex. The communication was issued in both Hindi and English, reflecting the company's commitment to comprehensive stakeholder communication.

This leadership transition represents a significant change for Engineers India Limited as the organization moves forward with new management at the top level.