Hindustan Construction Company Ltd. announced key outcomes from its Board of Directors meeting held on November 5, 2026. The board accepted the resignation of Mr. Nitesh Kumar Jha as Company Secretary and Compliance Officer and appointed Mr. Debashis Dey to these positions, effective November 20, 2026. Additionally, the list of authorized persons for determining event materiality and making disclosures was revised.
Key Governance Changes at Hindustan Construction Company Ltd.
Hindustan Construction Company Ltd. (HCC) announced significant updates following its Board of Directors meeting on November 5, 2026. The meeting addressed critical changes in the company’s secretarial and compliance functions, along with a revision in its disclosure authorization framework.
Personnel Changes in Key Roles
The Board accepted the resignation of Mr. Nitesh Kumar Jha from his positions as Company Secretary, Compliance Officer, and Key Managerial Personnel. His resignation was effective from November 5, 2026. Following this, the Board appointed Mr. Debashis Dey as the new Company Secretary and Compliance Officer. Mr. Dey’s appointment is effective from November 20, 2026.
Mr. Debashis Dey brings over 22 years of experience in corporate governance and compliance, having held senior leadership roles across various listed companies and multinational organizations. His expertise spans corporate secretarial matters, board governance, regulatory compliance, legal affairs, and capital-market transactions. He is an Associate Member of the Institute of Company Secretaries of India and holds an LL.B. and an MBA in Finance.
Revised Disclosure Authorization
In compliance with SEBI Listing Regulations, the Board also revised the list of persons authorized to determine the materiality of events and to sign and issue requisite disclosures to the stock exchanges. The revised list of authorized individuals includes senior management personnel, ensuring streamlined and efficient disclosure processes.
Source: BSE
