Engineers India Limited (EIL) has announced a key senior management change, with the superannuation of Shri Rajeev Kumar, who served as the Executive Director (Supply & Chain Management). His retirement became effective on April 1, 2025. The announcement has been made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and has been formally communicated to the BSE and NSE.

Retirement of Rajeev Kumar

Shri Rajeev Kumar has been a significant part of Engineers India Ltd (EIL), contributing to the company's supply chain and procurement operations. As Executive Director (Supply & Chain Management), he played a pivotal role in ensuring efficient procurement strategies, supply chain optimization, and vendor management. His superannuation marks the completion of his tenure in the company’s leadership.

Impact on Engineers India Limited

The retirement of a senior executive like Shri Rajeev Kumar signifies a leadership transition in the company's supply chain management division. The company is expected to announce a successor or implement structural adjustments to continue smooth operations in this department.

Over the years, Engineers India Ltd has developed robust procurement strategies, and the company's supply chain operations have grown under his leadership. His departure is part of the company's regular executive succession planning.

Compliance with SEBI Regulations

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, EIL has officially informed the stock exchanges about this management change. This ensures that investors and stakeholders remain well-informed about key developments within the company.

What’s Next for Engineers India Limited?

• With Shri Rajeev Kumar’s retirement, the company will focus on appointing or restructuring leadership in the supply chain management division.

• The succession planning process is expected to ensure a smooth transition without disruptions to the company’s operations and strategic goals.

• Engineers India Ltd remains committed to operational excellence and will continue to strengthen its supply chain management strategies.

Conclusion

The superannuation of Shri Rajeev Kumar, Executive Director (Supply & Chain Management) at Engineers India Ltd, marks the end of his tenure in the company’s leadership. His contributions to procurement strategies and supply chain management have played a key role in the company’s success. As EIL moves forward, the company is expected to continue its focus on efficiency, innovation, and leadership development to maintain its strong position in the industry.

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