Capacite Infraprojects Appoints Additional Independent Director
Capacite Infraprojects Ltd. announced the appointment of Mr. Chilakamarri Lakshmi Narasimha Charyulu as an Additional Independent Director, effective March 25, 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee.Mr. Charyulu’s term will be for three consecutive years, subject to shareholder approval via a special resolution. He meets all criteria for appointment as an Independent Director under applicable laws and is not debarred from holding the office of director by any regulatory authority.
The Board meeting took place on March 25, 2026, commencing at 3:30 PM (IST) and concluding at 4:10 PM (IST).
About Mr. Chilakamarri Lakshmi Narasimha Charyulu
Mr. Charyulu, aged 60, brings over 34 years of experience from the State Bank of India, where he held senior leadership roles including Chief General Manager. He possesses expertise in corporate credit, credit risk assessment, policy formulation, international banking, and retail banking.Key Details
| Particulars | Details |
|---|---|
| Reason for Change | Appointment of Mr. Chilakamarri Lakshmi Narasimha Charyulu (DIN: 09376516) as an Additional Independent Director |
| Date of Appointment & Term | March 25, 2026, for a term of 3 years, subject to shareholder approval. |
| Relationship Disclosure | Mr. Charyulu is not related to any other director of the Company. |
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