RDB Infrastructure and Power Ltd announced the resignation of Amit Kumar Goyal as Managing Director, marking a pivotal change in its leadership. Recently appointed in early 2025, Goyal's exit prompts the board to seek a successor while ensuring continuity in infrastructure and power projects.
RDB Infrastructure and Power Limited, a BSE-listed firm focused on real estate and power development, has disclosed the resignation of Amit Kumar Goyal from his role as Managing Director. Goyal, who also served as Chief Financial Officer since January 1, 2025, held key positions including Audit Committee membership, contributing to strategic decisions during a phase of acquisitions and MoUs.
This development follows recent board stability efforts, including re-appointments and committee reconstitutions amid ongoing projects like power sector partnerships. The company, which changed its name in December 2024, continues operations with Chairperson Rajeev Kumar and Whole Time Director Raju Singh at the helm. Investors watch closely as the board evaluates impacts on governance and growth.
Key Highlights:
Resignee: Amit Kumar Goyal (MD & CFO, DIN: 05292585)
Tenure: Appointed MD/CFO effective January 2025; retires by rotation sought earlier
Board Context: Recent changes include independent director exits; current leaders: Rajeev Kumar (Chair), Raju Singh (WTD)
Company Focus: Infrastructure, power MoUs (e.g., Stargen Power, Sep 2025), acquisitions
Stock Impact: Shares at ₹11.77 (as of Oct 2025); no immediate trading halt noted
Sources: BSE Announcements, Moneycontrol, MarketScreener, Company Director's Report.