Man Infraconstruction Limited Appoints Mr. Rajiv N. Sheth as Non-Executive Independent Director
Man Infraconstruction Limited has appointed Mr. Rajiv N. Sheth as an Additional Director in the category of Non-Executive Independent Director. The appointment was approved by the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, and is effective from July 03, 2026.Mr. Sheth will serve a term of five consecutive years in this role. His appointment is subject to the approval of the Members of the Company and he is not liable to retire by rotation.
The Board approved the appointment through a resolution passed by circulation on July 03, 2026.
Director Profile and Expertise
Mr. Rajiv N. Sheth possesses extensive experience across finance, accounts, auditing, taxation, and regulatory compliance. He holds a Bachelor’s degree in Commerce from the University of Mumbai and is a Chartered Accountant from the Institute of Chartered Accountants of India. With over three decades of professional practice, Mr. Sheth specializes in financial management, corporate governance, risk management, internal controls, and strategic financial planning.He has over 20 years of active experience as a practicing Chartered Accountant. Furthermore, he previously held senior leadership positions associated with the company, including Group Chief Financial Officer until his retirement in 2022.
Key details regarding Mr. Sheth’s appointment are summarized below:
| Particulars | Details |
|---|---|
| Appointment Reason | Appointment as an Additional Director in the category of Non-Executive Independent Director. |
| Date of Appointment | July 03, 2026 |
| Term of Appointment | Five consecutive years |
| Qualifications | Bachelor's degree in Commerce (University of Mumbai); Chartered Accountant (ICAI) |
| Experience | Over three decades in finance, auditing, and taxation; Former Group CFO. |
In terms of relationships and compliance checks, Mr. Rajiv N. Sheth is not related to any of the existing Directors of the Company. Furthermore, he has confirmed that he is not debarred from holding the office of Director by virtue of any SEBI Order or any other such Authority.
SIMBHALS Stock Price Movement
Today, Simbhaoli Sugars Limited shares edged higher, closing at ₹6.92 after rallying 2.37% in post-market trading. The stock settled on a total traded volume of 6,754 shares during its session.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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