Power Mech Projects Limited Appoints Vasundhara Sinha as Independent Director
The Board of Directors of Power Mech Projects Limited has approved the appointment of Mrs. Vasundhara Sinha as an Additional Non-Executive Independent Director. The decision followed a recommendation from the company's Nomination and Remuneration Committee, and the appointment was formalized on June 20, 2026.Mrs. Vasundhara Sinha will hold the position starting from June 20, 2026, for an initial term of two years, pending shareholder approval. She has been appointed as an Additional Director in the Independent category.
The appointment is based on her extensive background and expertise across administrative, financial, and regulatory domains. Mrs. Sinha is a distinguished officer from the 1988 batch of the Indian Revenue Service (IRS) and retired as the Principal Chief Commissioner of Income Tax.
Her career includes significant experience in various capacities throughout major commercial and administrative centers such as New Delhi, Mumbai, Nagpur, Telangana, Andhra Pradesh, Odisha, and Bihar. Notably, she served as the Director General of Income Tax (Investigation), where she managed complex regulatory and investigative operations spanning three states: Telangana, Andhra Pradesh, and Odisha.
Beyond her proficiency in direct taxation frameworks and corporate compliance, Mrs. Sinha possesses cross-functional experience in international trade. She was also selected to serve as the Additional Director General of Foreign Trade under the Ministry of Commerce, Government of India, in New Delhi.
Mrs. Sinha holds a postgraduate degree in Economics and has enhanced her professional skills through specialized courses at prestigious global and national institutions, including Harvard University (Boston, USA), Indian Institute of Management (IIM), Bangalore, Syracuse University (Syracuse, USA), and NALSAR University of Law, Hyderabad.
POWERMECH Stock Price Movement
On Friday, shares of Power Mech Projects Limited rallied, closing at ₹2839.9 after gaining 1.24% or ₹34.80. The stock movement occurred amidst significant interest, with a total traded volume of 64,257 shares and an intraday range spanning from ₹2790 to ₹2850.8.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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