Concord Enviro Systems Signals Leadership Continuity with MD, CFO Appointment and Independent-Director Re-appointments

Concord Enviro Systems Limited is steering leadership continuity from the boardroom, with a slate of appointments and re-appointments approved at its 11 August 2026 board meeting. The board re-appointed Prayas Goel as Managing Director for a further three-year term from 1 April 2027 to 31 March 2030, subject to the shareholders’ approval at the upcoming AGM. In a parallel move, three independent directors were also set for renewal: Prakash Shah, Kamal Shanbhag, and Shiraz Bugwadia, each re-appointed for a second term, contingent on shareholder consent.

Adding to the leadership layer, Shleshank Laheri was named Chief Financial Officer and Key Managerial Personnel of the company, underscoring the board’s focus on fiscal governance and strategic financial leadership. The disclosures required under the listing regulations accompany these appointments, with the board authorising certain directors and key personnel to determine material events and disclosures going to the stock exchanges.

The roster of profiles presented in the accompanying materials paints a picture of seasoned governance and financial stewardship. Laheri is a Chartered Accountant with about 22 years of experience spanning investment banking, healthcare, and FMCG. Goel brings more than 25 years of experience in organizational strategy, business processes, and technology-enabled innovation. Shah is a veteran solicitor with 43 years in legal practice, while Shanbhag offers over 27 years in financial advisory, corporate finance, risk management, and strategic finance. Bugwadia contributes 17 years in corporate finance, mergers and acquisitions, and capital markets, with a background in guiding growth and transformation.

Together, the leadership moves reflect Concord Enviro’s emphasis on governance and continuity as it pursues its environmental solutions agenda. The board also notes that proceeds from the company’s public issue have remained aligned with the original objectives, with no deviation reported for the quarter ended 30 June 2026.