Prof. Sunil Kumar Maheshwari Appointed as Vice-Chairman at KP Green Engineering Ltd; Amit Khandelwal Resigns
KP Green Engineering Ltd has announced changes in its Board of Directors, effective July 03, 2026. The company approved the appointment of Prof. Sunil Kumar Maheshwari and noted the resignation of Mr. Amit Khandelwal from the board, according to outcomes of a recent Board meeting.Prof. Sunil Kumar Maheshwari was appointed as a Vice-Chairman of the Board in the capacity of a Non-Executive Director, based on the recommendation of the Nomination and Remuneration Committee. His appointment is subject to the approval of the Company's shareholders.
Simultaneously, Mr. Amit Khandelwal tendered his resignation as a Non-Executive Director, effective July 03, 2026. While he stepped down from this role, Mr. Khandelwal will continue to be associated with the group entity in another capacity.
The composition changes were recorded following the Board meeting held on July 03, 2026.
Summary of Director Changes
A comparison of the key roles and status for the directors involved is provided below:| Particulars | Prof. Sunil Kumar Maheshwari (New Appointment) | Mr. Amit Khandelwal (Resignation) |
|---|---|---|
| Role/Reason for Change | Appointment as Vice-Chairman of the Board in the category of Non-Executive Director. | Resignation as a Non-Executive Director. |
| Effective Date | July 03, 2026 (Subject to shareholder approval) | July 03, 2026 |
| Related Party Status | Not related to any Director of the Company. | N/A |
Background of Prof. Sunil Kumar Maheshwari
Prof. Sunil Kumar Maheshwari is recognized as a distinguished management scholar, policy advisor, and corporate board member, possessing extensive experience in strategic transformation and human resource management.He holds an alumnus status from the Indian Institute of Technology (IIT) Delhi and completed his doctoral program in Management at IIM Ahmedabad. His career includes service within the Indian Railway Personnel Service (IRPS), where he held senior leadership responsibilities managing large workforces across major railway divisions.
Prof. Maheshwari has held academic positions, including as a Professor of Human Resource Management and Strategy at the Indian Institute of Management Ahmedabad (IIMA) and served as Dean (Alumni and External Relations) at IIMA. He has provided advisory services to various organizations in sectors including power, energy, infrastructure, banking, healthcare, logistics, manufacturing, and telecommunications. His work focuses on governance, leadership development, strategic transformation, and business turnaround.
Stock Price Movement
As of 13:40, KP Green Engineering Ltd. is edging higher in the market, currently trading at ₹381.10, marking a 0.77% gain. The shares have seen intraday volatility throughout the session, having ranged from a low of ₹371.00 to a high of ₹386.00.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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