In a move that tightens governance and leadership continuity, Generic Engineering Construction and Projects Limited announced a set of boardroom changes linked to its latest meeting held on 1 April 2026. The company said Mr. Rajesh Kumar Yadav has been appointed as an Additional Director in the category of Non-Executive Independent Director for a five-year term, subject to shareholder approval. This addition signals an emphasis on independent oversight as the company navigates growth and complex project cycles.
Coupled with the independence move is an inside promotion of sorts: Mrs. Shital Laxmikant Lokhande, the company’s Chief Financial Officer, has been appointed as an Additional Director designated as Whole-Time Director in the category of Executive Non-Independent Director, also effective 1 April 2026 and for a five-year term, pending shareholder sanction. Lokhande’s profile highlights a strong background in taxation, finance, and strategic financial planning, underscoring a push to anchor fiscal discipline and data-driven decision-making at the top echelons of the company’s leadership.
The board also acknowledged the departure of Ms Namita Ravindra Talele, who resigned from the position of Non-Executive Non-Independent Director with effect from the close of business on 1 April 2026, citing preoccupation and other personal commitments. The company placed on record its appreciation for Talele’s contributions. As governance moves unfold, the organization will circulate the relevant notices to shareholders and proceed with the requisite formalities, signaling a deliberate refresh of its board as it eyes the road ahead.