Giriraj Civil Developers Ltd announced the resignation of CEO Ravindra Sharmarao Sangam, signaling a key management transition at the infrastructure firm. The company assured stakeholders of continuity during the notice period while initiating a search for a suitable successor to drive future growth initiatives.
Giriraj Civil Developers Ltd, an emerging player in civil construction and infrastructure development, has disclosed the resignation of its Chief Executive Officer, Ravindra Sharmarao Sangam. This development comes amid the company's efforts to scale operations in a competitive sector.
Key highlights:
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Sangam cited personal reasons for his resignation, with the change effective post-notice period completion.
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The leadership will ensure seamless handover of responsibilities, maintaining project timelines and strategic priorities.
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Giriraj Civil has begun the process to appoint a new CEO, focusing on expertise in infrastructure execution and growth.
The exit underscores the fluid nature of executive roles in mid-cap construction firms navigating tender wins and execution challenges. Management highlighted Sangam's past contributions to project delivery and operational enhancements. The company remains committed to its order book and expansion in urban infrastructure projects.
This move aligns with broader industry trends of leadership refreshes to align with evolving market demands and regulatory landscapes.
Source: Company filing to BSE and NSE (December 2025).