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Ruchi Infrastructure Ltd Board/Management Information 2024

Aug 7, 2024

61270_rns_2024-08-07_2bfa7a40-9f41-4412-90d2-74609af0c01d.pdf

Board/Management Information

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Date: 7[th] August, 2024

BSE Ltd. Floor No. 25, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001

National Stock Exchange of India Ltd. “Exchange Plaza” Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051

Sub.: Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Dear Sir,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III to the said Regulations, this is to inform that, the Board of Directors of the Company at its meeting held on Wednesday, 7[th] August, 2024 has interalia approved the following corporate actions, subject to the approval of members of the Company in its ensuing 40[th] Annual General Meeting:

  1. Appointment of Mr. Narendra Shah (DIN: 02143172) as “Managing Director” of the Company, with effect from 1[st] September, 2024.

  2. Appointment of Mr. Sankalp Ved (DIN: 10729867) as “Director (Operations)” of the Company, with effect from 1[st] September, 2024.

  3. Change in Designation of Mr. Parag Choudhary (DIN: 07845977), Whole-time Director of the Company as “Director (Technical)”, with effect from 1[st] September, 2024.

  4. Appointment of Mr. Ashutosh Pandey (DIN: 07828687) as an “Independent Director” of the Company, with effect from the date of ensuing Annual General Meeting.

Requisite information pursuant to Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 is annexed as Annexure-A to Annexure-D. The above information is also being available on the website of the Company at www.ruchiinfrastructure.com.

Kindly take the above information on record and acknowledge.

Thanking you, Yours faithfully For Ruchi Infrastructure Limited

Ashish Digitally signed by Ashish Mehta Mehta Date: 2024.08.07 18:33:33 +05'30' Ashish Mehta Company Secretary Encl.: As Above


Regd. Office : 706, Tulsiani Chambers, Nariman Point, Mumbai – 400021, Maharashtra

E-mail id: [email protected] Website: www.ruchiinfrastructure.com

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Annexure-A

Disclosures as required under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sr. No. Particulars Particulars Description
1 Reason for change viz. appointment,
~~resignation,~~
~~removal,~~
~~death~~
~~or~~
~~otherwise.~~
Appointment of Mr. Narendra Shah (DIN:
02143172) as Managing Director of the Company.
2 Date of Appointment ~~/Resignation~~ 7thAugust, 2024 (Date of effect of appointment is
1stSeptember, 2024).
3 Brief Profile (in case of appointment) Mr. Narendra Shah is 68 years old and holds
Master’s degree in Commerce and LLB from
Sagar University, Madhya Pradesh. He has more
than 40 years’ experience in field of accounts and
finance and is associated with the Company since
1986. He is actively involved in taxation, finance
and business operations of the Company as an
executive since more than three decades. He is an
Executive Director of the Company since 8th
April, 2016.
4 Disclosure of Relationships between
directors (in case of appointment of a
director)
Not Applicable

End of Annexure-A

___________________ Regd. Office : 706, Tulsiani Chambers, Nariman Point, Mumbai – 400021, Maharashtra E-mail id: [email protected] Website: www.ruchiinfrastructure.com

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Annexure-B

Disclosures as required under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sr. No. Particulars Particulars Description
1 Reason for change viz. appointment,
~~resignation, removal, death or otherwise.~~
Appointment of Mr. Sankalp Ved (DIN: 10729867)
as Director (Operations) of the Company.
~~resgnaon, remova,~~
2 Date of Appointment ~~/Resignation~~ 7thAugust, 2024 (Date of effect of appointment is
1stSeptember, 2024).
3 Brief Profile (in case of appointment) He is 42 years old and having more than 22 years
of experience exclusively in the Energy sector,
renewable energy and warehousing business. He is
an Electrical Engineer and Certified Energy
Manager accredited by BEE (Bureau of Energy
Efficiency, Govt. of India) & he also did PG
Diploma in Finance management. In the past, he
also worked in Tata Power Company Ltd. Suzlon
Energy Ltd. and Secure Meters Ltd. He has a very
good understanding and knowledge of the Indian
Power sector as well as the logistics sector &
Renewable Energy and Warehousing are his
expertise. He has a very good command of Energy
Tariff, Policies and Regulations, Project funding,
Contract negotiations, etc. and has executed many
greenfield energy and warehousing projects.
He is associated with the Company since
September,
2016
and
is
currently
heading
warehouse business and wind-mill operations of the
Company and its subsidiary.
4 Disclosure
of
Relationships
between
directors (in case of appointment of a
director)
Not Applicable

End of Annexure-B

___________________ Regd. Office : 706, Tulsiani Chambers, Nariman Point, Mumbai – 400021, Maharashtra E-mail id: [email protected] Website: www.ruchiinfrastructure.com

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Annexure-C

Disclosures as required under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sr. No. Particulars Description
1 Reason for change viz. Change in
Designation~~appointment, resignation,~~
~~removal, death or otherwise,~~
change viz.
~~itt~~
Change in designation of Mr. Parag Choudhary
(DIN: 07845977), Whole-time Director of the
Company to ‘Director (Technical)’.
2 Date
of
Change
in
Designation
~~Appointment/Resignation~~
7thAugust, 2024 (Date of effect of change in
designation is 1stSeptember, 2024).
3 Brief Profile (in case of appointment) Not Applicable.
4 Disclosure of Relationships between
directors (in case of appointment of a
director)
Not Applicable

End of Annexure-C

___________________ Regd. Office : 706, Tulsiani Chambers, Nariman Point, Mumbai – 400021, Maharashtra E-mail id: [email protected] Website: www.ruchiinfrastructure.com

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Annexure-D

Disclosures as required under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sr. No. Particulars Particulars Description
1 Reason for change viz. appointment,
~~resignation,~~
~~removal,~~
~~death~~
~~or~~
~~otherwise.~~
Appointment of Mr. Ashutosh Pandey (DIN:
07828687) as an Independent Director of the
Company.
2 Date of Appointment ~~/Resignation~~ With effect from the date of ensuing Annual General
Meeting of the Company (16.09.2024).
3 Brief Profile (in case of appointment) Mr. Ashutosh Pandey, aged 42 years holds
Bachelor’s Degree in Arts and various industry
certifications in technical domain like Adword
optimization, SEO, Content Strategy, Social Media
Marketing, etc. Based out of Mumbai, he is the first-
generation digital communications entrepreneur and
is active in digital marketing domain since last
fifteen years. He has spearheaded the digital
communications mandates of leading companies
across
diverse
industry
verticals
including,
Agriculture, FMCGs, Finance, Banking and Polity.
He speaks regularly on domestic and international
forums on the importance of digital media and the
leverage available for businesses. He is a non-
executive member of the Board of Directors of the
Company since August, 2020.
4 Disclosure of Relationships between
directors (in case of appointment of a
director)
Not Applicable

End of Annexure-D

___________________ Regd. Office : 706, Tulsiani Chambers, Nariman Point, Mumbai – 400021, Maharashtra E-mail id: [email protected] Website: www.ruchiinfrastructure.com