Engineers India Limited , a prominent engineering consultancy and EPC company, has announced a significant reshuffling in its top management. The company has promoted seven of its executives to the position of Executive Director across various directorates, marking a notable change in its senior leadership structure.

Key Promotions

The promotions, approved by the Competent Authority on August 26, 2025, are as follows:

Strengthening Leadership Across Directorates

The promotions span across various key directorates within Engineers India Limited, including Projects, Technical, Human Resources, Commercial, and the Chairman & Managing Director's office. This move is likely aimed at strengthening the company's leadership team and enhancing its operational capabilities across different domains.

Diversity in Leadership

Notably, the promotions include Ms. Gopa Swain to the position of Executive Director (HR), highlighting the company's commitment to diversity in its senior management roles.

Compliance and Transparency

In line with regulatory requirements, Engineers India Limited has duly informed the stock exchanges about these changes in senior management. The company has complied with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in its corporate governance practices.

Looking Ahead

These strategic promotions come at a time when Engineers India Limited is preparing for its 60th Annual General Meeting, as indicated in a separate announcement. The infusion of new leadership at the executive director level is expected to bring fresh perspectives to the company's operations.

Engineers India Limited (EIL) has taken a significant step to support its joint venture, Ramagundam Fertilizers & Chemicals Limited (RFCL), by approving an undertaking for a bank guarantee. This decision, made by EIL's Board of Directors on August 26, 2025, underscores the company's commitment to its strategic partnerships in the fertilizer industry.

Key Points of the Undertaking

• Bank Guarantee Details: RFCL has established a Rs. 175.00 crore Bank Guarantee with IndusInd Bank for a Debt Service Reserve Account (DSRA) facility, as required by project lenders.
• EIL's Commitment: The undertaking commits EIL to maintain its 26% shareholding in RFCL until March 31, 2026, when the facility expires.
• Shareholding Restrictions: EIL has agreed not to pledge its shares in RFCL without the bank's permission during this period.

About the Joint Venture

RFCL is a joint venture between Engineers India Limited, National Fertilizers Limited, and Fertilizer Corporation of India Limited. The company operates a urea and ammonia production plant that commenced commercial operations in March 2021.

Implications for EIL

This undertaking demonstrates EIL's continued support for its joint venture and its confidence in RFCL's operations. By maintaining its shareholding and providing this undertaking, EIL is helping to secure the financial stability of RFCL, which could potentially lead to long-term benefits for all stakeholders involved.

Additional Corporate Updates

In related news, EIL has also announced its upcoming 60th Annual General Meeting. The company published newspaper advertisements on August 26, 2025, to inform shareholders about this event, showcasing its commitment to transparent communication with investors.

The Board meeting that approved the undertaking for RFCL's bank guarantee was held on August 26, 2025, from 2:30 PM to 5:15 PM, as disclosed in the company's regulatory filing.

Engineers India Limited continues to play a crucial role in the engineering and fertilizer sectors, with this latest move reinforcing its position as a key player in strategic joint ventures within the industry.