Power Mech Projects Limited Announces Retirement of Independent Director Mrs. Lasya Yerramneni
Power Mech Projects Limited announced that Mrs. Lasya Yerramneni, a Non-Executive Woman Independent Director, will cease to be a director of the company following the completion of her second and final term. This decision was effective as of June 26, 2026.The Board of Directors acknowledged Mrs. Lasya Yerramneni's valuable contributions throughout her tenure. The company specifically noted her effective participation and guidance across several crucial committees. These include the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee.
Details regarding the change in directorship are as follows:
| Particulars | Details |
|---|---|
| Reason for Change | Cessation due to the completion of her second and final term as a Non-Executive Woman Independent Director. |
| Date of Cessation | The cessation is effective from the close of business hours on June 26, 2026. |
| Disclosure of Relationships between directors | Not Applicable. |
POWERMECH Stock Price Movement
Power Mech Projects Limited shares slipped by 0.73% on Thursday to settle at ₹2,760.10, having shed ₹20.50 from the previous close. The stock traded within a daily range of ₹2,744 and ₹2,840, with 73,860 shares transacted during the 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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