NBCC (India) Limited has announced a change in the directorate of its subsidiary, HSCC (India) Limited. Shri Novman Ahmed is being repatriated to NBCC, leading to the termination of his role as Managing Director of HSCC. Shri Praveer Kumar will assume additional charge until a permanent replacement is appointed. These changes, effective immediately, are aimed at ensuring smooth operational continuity.
Leadership Transition at HSCC India
NBCC (India) Limited has announced key changes in the leadership of its wholly-owned subsidiary, HSCC (India) Limited. These changes stem from official orders issued by the Ministry of Housing and Urban Affairs, Government of India, on February 4, 2026.
Details of the Changes
The key changes include:
Repatriation of Shri Novman Ahmed: Effective immediately, Shri Novman Ahmed, who served as the Managing Director of HSCC (India) Limited, is being repatriated to his parent cadre within NBCC (India) Limited. This concludes his tenure as Managing Director at HSCC.
Appointment of Shri Praveer Kumar: Concurrently, Shri Praveer Kumar, Joint Secretary (NUDM) under the Ministry of Housing and Urban Affairs, will take on the additional charge of Managing Director at HSCC (India) Limited. This assignment will continue until a permanent replacement is appointed or until further orders are issued.
Impact and Rationale
These leadership changes are administrative and intended to ensure continuity of operations at HSCC (India) Limited. NBCC (India) Limited does not anticipate any material financial impact as a result of these changes. The announcement reflects the ongoing efforts to optimize leadership and maintain operational efficiency within its subsidiary companies.
Source: BSE
