Afcons Infrastructure Reappoints Executive Chairman and Managing Director for Two-Year Terms

Afcons Infrastructure Limited on July 30, 2026 announced that shareholders approved the two-year re-appointments of Subramanian Krishnamurthy as Whole-time Director designated as Executive Chairman, and Srinivasan Paramasivan as Managing Director, for terms from July 1, 2026 to June 30, 2028. The approvals came at the company’s 50th Annual General Meeting held via video conferencing and other audio-visual means, signaling continuity at the top as Afcons pursues its growth agenda.

Subramanian Krishnamurthy, who has been on Afcons’ board since 2002 and currently serves as Executive Vice Chairman, brings more than four decades of experience spanning project planning, execution, overall project management, contract management, and corporate planning. The annexure notes his international recognition in contractual matters and dispute resolution, and highlights his involvement with industry and policy initiatives, underscoring a leadership style rooted in technical and strategic rigor.

Srinivasan Paramasivan has served as a Whole-Time Director since 2002 and continues as Managing Director for another two-year term. With over four decades in banking, finance, and infrastructure, he is a Commerce graduate with a suite of professional qualifications and a track record in governance and finance. The annexure outlines his active engagement with industry bodies such as CII and FICCI, his role in policy dialogue, and his contributions to Afcons’ turnaround and growth since the company’s association with the Shapoorji Pallonji Group, including leadership of day-to-day operations and business development.

Taken together, the re-appointments reflect Afcons’ emphasis on leadership depth and institutional knowledge at the helm. The two executives’ long-tenured involvement with Afcons positions the company to maintain momentum on complex infrastructure projects, while continuing to refine its strategic and financial capabilities in a competitive market.