Shareholders approve re-appointment of three Whole-Time Directors for five years each

Mr. Rakesh Chopdar — Whole-Time Director, Executive Chairman & CEO, 5 years from 13th September 2026.

Wed 30 Sep 2026

AGM Date

September 29, 2026

CEO Re-appointment

Mr. Rakesh Chopdar — Whole-Time Director, Executive Chairman & CEO, 5 years from 13th September 2026

Director Re-appointment 1

Mrs. Jyoti Chopdar — Whole-Time Director, 5 years from 13th September 2026

Director Re-appointment 2

Mr. Vishnu Malpani — Whole-Time Director, 5 years from 13th September 2026

What was approved

Members at the 43rd Annual General Meeting held on Tuesday, September 29, 2026 approved, with requisite majority, three re-appointment resolutions.

• Mr. Rakesh Chopdar as Whole-Time Director, Executive Chairman and Chief Executive Officer for a term of five (5) years with effect from 13th September 2026.
• Mrs. Jyoti Chopdar as Whole-Time Director for five (5) years with effect from 13th September 2026.
• Mr. Vishnu Malpani as Whole-Time Director for five (5) years with effect from 13th September 2026.

About the directors

Mr. Rakesh Chopdar is a first-generation entrepreneur and founder of AZAD Engineering, a manufacturer of highly engineered critical components for the Aerospace, Defence, Energy and Oil & Gas sectors. He established the company in 2008 in Hyderabad, starting as a CNC machine operator, and over the past 17 years built it into an organization serving OEMs including GE Vernova, Mitsubishi, Siemens, Toshiba, MAN, Doosan Skoda, GE Aviation, Boeing, Honeywell, Eaton, Rolls Royce, Pratt & Whitney, Rafael, BHEL, HAL and Baker Hughes.

Mrs. Jyoti Chopdar holds a Bachelor of Arts degree from Kurukshetra University and has served the Company for over eight years, providing strategic oversight of general administrative operations.

Mr. Vishnu Malpani serves as an Executive Director driving enterprise strategy, capital formation and organizational scale-up, with focus on long-term value creation, corporate governance and financial structuring. He holds a B.Tech from IIT Guwahati and has attended executive leadership programs at ISB Hyderabad and IIM Ahmedabad.

Relationships and eligibility

• Mr. Rakesh Chopdar and Mrs. Jyoti Chopdar are spouses; neither is related to any other director.
• Mr. Vishnu Malpani is not related to any other director.
• All three are stated as not debarred from holding the office of Director by virtue of any SEBI order or any other authority.

What it means for investors

These are continuations of existing roles, following the earlier intimation dated May 12, 2026. There is no change in who leads the company, which points to management continuity over the next five years.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.