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Leadership Change at Pagaria Energy: Arpan Singha Roy Steps In as Managing Director

Updated: July 15, 2025 18:37

Image Source : Business Today
Pagaria Energy Ltd has announced a significant shift in its top leadership, with Hanumanmal Bengani stepping down as Managing Director and Arpan Singha Roy taking over the reins. The transition was formalized during the company’s board meeting held on May 10, 2025.
 
Key Highlights:
  • Hanumanmal Bengani, who served as Managing Director since April 2021, resigned from his role after nearly four years of service. 
  • His tenure was marked by efforts to stabilize operations and expand the company’s footprint in energy and trading segments.
  • The board approved the appointment of Arpan Singha Roy (DIN: 10983936) as an Additional Director and Managing Director, effective May 10, 2025. His appointment is subject to shareholder approval at the upcoming general meeting.
  • Roy’s induction signals a generational shift in leadership, with expectations of renewed strategic focus and operational agility.
Leadership Profile:
  • Arpan Singha Roy brings experience in corporate governance and strategic execution, though his public track record in energy or trading sectors remains limited.
  • His appointment coincides with other board changes, including the induction of Sukumar Sardar as an Independent Director and the resignation of Dibbyendu Jana from the same role.
Market Sentiment:
  • Investors are watching closely for Roy’s first moves, especially in light of Pagaria’s modest financials and low market cap.
  • Analysts expect the leadership change to be followed by operational restructuring and potential diversification.
Sources: Business Standard, Economic Times, Moneycontrol, MoneyWorks4Me, BlinkX India, Simply Wall St

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