R.P.P. Infra Projects Limited Appoints New Non-Executive Director and Names CEO

R.P.P. Infra Projects Limited Appoints New Non-Executive Director and Names CEO​

R.P.P. Infra Projects Limited announced significant changes in its leadership structure following a Board Meeting held on April 20, 2026. The board approved the appointment of a new Additional Director and appointed a former Independent Director to the role of Chief Executive Officer.

During the meeting, the Board of Directors also noted the resignation of an Independent Director and subsequently approved the reconstitution of several key board committees following these changes.

New Independent Director Appointment​

The Board approved the appointment of Mr. K Jagannathan (DIN: 11666595) as an Additional Director and Non-Executive Independent Director. His tenure is set for two years, effective from April 20, 2026, subject to the approval of the company's shareholders.

Mr. Jagannathan, who holds a BSc and BL, brings extensive experience in the corporate law sector. He has served with a distinguished legal career spanning over four decades, with a notable history as a key member of the leadership team at Larsen & Toubro Ltd. His expertise includes advising on strategic decision-making, managing major litigations, complex EPC contracts, and structuring joint ventures across the Middle East and Africa.

Key Leadership Transitions​

A significant corporate transition involved Mr. Venkatesan Elliah Naidu (DIN: 07389056). The board noted his resignation from the post of Independent Director, which was effective from March 22, 2026. The reason for his departure was stated as personal reasons.

Following his resignation as an Independent Director, the Nomination and Remuneration Committee and the Board approved Mr. Naidu's appointment as Chief Executive Officer. This role is slated for a period of one year, commencing on April 20, 2026.

Mr. Naidu, who holds a B.E. (Civil) from The College of Engineering, Guindy (1974) and an M.Tech (Struct) from IIT Madras (1976), brings over four decades of experience in the construction and infrastructure sector. His career includes senior leadership positions, associated with major projects such as the Ford Car Plant, cement plants, the Vizag Steel Plant, and various commercial structures, roads, and flyovers.

Board Governance Updates​

The Board also noted the necessity of reconstituting various committees due to the aforementioned resignation and appointments of Independent Directors, ensuring compliance with corporate governance requirements.

The following table summarizes the details of the appointments and resignations:

RPPINFRA Stock Price Movement​

Today, R.P.P. Infra Projects Limited shares slipped by 1.59% to settle at ₹78.38, closing the session significantly lower. The stock finished with a total traded volume of 34,153 shares.

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