Rajiv N. Sheth Appointed as Non-Executive Independent Director at Man Infraconstruction Limited
Man Infraconstruction Limited has appointed Mr. Rajiv N. Sheth as an Additional Director in the category of a Non-Executive Independent Director. This appointment was approved by the Board of Directors following a resolution passed by circulation on July 03, 2026.Mr. Sheth will serve for a period of five consecutive years, effective from July 03, 2026. The appointment is subject to the approval of the Members of the Company.
The Board's decision was made based on the recommendation of the Nomination and Remuneration Committee of the company. Mr. Sheth 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. He possesses over three decades of experience across finance, accounts, auditing, taxation, and regulatory compliance, including Income Tax and Goods and Services Tax (GST).
A former senior leader associated with Man Infraconstruction Limited, Mr. Sheth previously served as the Group Chief Financial Officer until his retirement in 2022. His expertise includes financial management, corporate governance, risk management, internal controls, and strategic financial planning.
Key details regarding Mr. Rajiv N. Sheth's appointment are provided below:
| Particulars | Details of Mr. Rajiv N. Sheth (DIN:00539774) |
|---|---|
| Reason for Appointment | Additional Director in the category of Non-Executive Independent Director. |
| Date and Term | Approved by Board on July 03, 2026, with effect from July 03, 2026, for a term of five consecutive years, subject to shareholder approval. |
| Professional Profile | Holds a Bachelor's degree in Commerce (University of Mumbai) and is a Chartered Accountant. He has over three decades of experience in finance, accounts, auditing, taxation, and regulatory compliance. Prior to this appointment, he served as the Group Chief Financial Officer at the company until 2022. |
| Director Relationships | Mr. Rajiv N. Sheth is not related to any of the Director(s) of the Company. |
Furthermore, Mr. Sheth has confirmed that he is not debarred from holding the office of Director by virtue of any SEBI Order or any other such Authority.
MANINFRA Stock Price Movement
Today, the stock of Man Infraconstruction Limited edged higher in post-market trading, gaining 0.71% to settle at ₹106.50. The equity saw significant activity during the session, with a total traded volume registering approximately 1.49 million shares.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.