Man Infraconstruction Limited Announces Retirement of Director, Mr. Berjis Desai
Man Infraconstruction Limited has announced the retirement of director Mr. Berjis Desai following the conclusion of its 24th Annual General Meeting (AGM).Mr. Berjis Desai, a Non-Executive Director, retired from the company as scheduled upon his tenure expiring at the AGM held on August 12, 2026. The Board of Directors reported that Mr. Desai did not seek re-appointment because he had been appointed as a Member of the National Commission on Minorities by the Government of India.
Following the retirement, the company's Board of Directors determined that the vacancy created by his departure would not be filled.
The details concerning this change in board composition are summarized below:
| Particulars | Details |
|---|---|
| Director Name | Mr. Berjis Desai |
| Reason for Change | He did not seek re-appointment upon retirement by rotation, consequent to his appointment as Member of the National Commission on Minorities by the Government of India. |
| Date of Cessation | August 12, 2026 (On conclusion of the AGM) |
The company acknowledged Mr. Berjis Desai for his contributions and stewardship during his tenure with Man Infraconstruction Limited.
MANINFRA Stock Price Movement
Shares of Man Infraconstruction Limited slipped on Wednesday, closing at ₹108.55 after shedding 3.02% from the previous close. The stock saw a trading volume of 5.03 million shares as it recorded this decline in its market performance.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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