Mukand Limited Announces Leadership Change in Machine Building Division
Mukand Limited has announced a leadership change in its Machine Building Division, with Shri Gurnam Singh retiring as Chief Executive Officer and Shri Vidyakant S. Mirje taking over the role, both effective February 16, 2026. The new CEO brings 31 years of experience in sales management, product management, P&L management, marketing, and production management, with qualifications including an MBA in Marketing from Mumbai University and BE in Mechanical Engineering from Karnataka University.
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Mukand Limited has announced a significant leadership transition in its Machine Building Division, marking a strategic change in senior management personnel. The company disclosed this development in compliance with regulatory requirements under SEBI listing obligations.
Leadership Transition Details
The management change involves two key appointments effective February 16, 2026. The transition represents a planned succession as the outgoing executive retires from his position.
| Position: | Outgoing Executive | Incoming Executive |
|---|---|---|
| Role: | Chief Executive Officer – Machine Building Division | Chief Executive Officer – Machine Building Division |
| Name: | Shri Gurnam Singh | Shri Vidyakant S. Mirje |
| Effective Date: | February 16, 2026 (Cessation) | February 16, 2026 (Appointment) |
| Reason: | Retirement | New Appointment |
New CEO Profile and Experience
Shri Vidyakant S. Mirje brings substantial industry experience to his new role as Chief Executive Officer of the Machine Building Division. His professional background spans multiple critical business functions over three decades.
Professional Experience
- Total Experience: 31 years in various management roles
- Core Competencies: Sales Management, Product Management, P&L Management for Business Lines, Marketing & Communication, and Production Management
Educational Qualifications
- MBA in Marketing from Mumbai University
- BE in Mechanical Engineering from Karnataka University
Regulatory Compliance
The announcement was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the amended regulations, ensuring full transparency regarding the senior management change.
The disclosure was signed by Rajendra Sawant, Company Secretary, and includes all necessary documentation as per regulatory requirements. This management transition reflects the company's commitment to maintaining operational continuity while bringing fresh leadership to the Machine Building Division.
Historical Stock Returns for Mukand
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.37% | +3.45% | +3.97% | -2.33% | +23.96% | +106.11% |
