Engineers India Limited has announced the appointment of two Non-Official Independent Directors to its Board: Smt. Kahuli Sema and Shri Ashish Kumar Gupta. These appointments are approved by the competent authority for a period of three years. The company is currently finalizing the necessary formalities for their official induction as per SEBI Listing Regulations.
Board Strengthened with Independent Directors
Engineers India Limited (EIL) has received approval for the appointment of two distinguished individuals as Non-Official Independent Directors to its Board. This significant development, communicated via a letter from the Ministry of Petroleum & Natural Gas, Government of India, aims to further enhance the company’s governance structure and oversight. The newly appointed directors are Smt. Kahuli Sema and Shri Ashish Kumar Gupta.
Term and Future Steps
Both appointments are effective for a tenure of three years from the date of this communication, or until further orders are issued, whichever comes earlier. Engineers India Limited is now undertaking the process to complete all requisite formalities for the formal induction of these directors. Further details pertaining to these appointments, in compliance with SEBI Listing Regulations, will be communicated separately.
Source: BSE
