New Delhi: The Government of India has appointed Praveen M. Khanooja as the Interim Chairman and Managing Director (CMD) of Engineers India Limited (EIL), according to an official disclosure made under applicable stock exchange regulations.
The appointment has been made in line with regulatory requirements prescribed by the Securities and Exchange Board of India (SEBI). The company has informed stock exchanges about the leadership change as required under SEBI’s listing obligations.
About Engineers India Limited
Founded in 1965 and headquartered in New Delhi, Engineers India Limited is a Navratna public sector enterprise operating under the Ministry of Petroleum & Natural Gas.
EIL provides engineering consultancy and engineering, procurement, and construction (EPC) services across a wide range of sectors, including oil and gas, petrochemicals, pipelines, infrastructure, and emerging energy segments. The company has a significant presence in both domestic and international markets.
Stock Market Details
Shares of Engineers India Limited are listed on the Bombay Stock Exchange under Scrip Code 532178 and trade on the National Stock Exchange of India under the symbol ENGINERSIN.
The company stated that the disclosure regarding Khanooja’s interim CMD appointment has been made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Leadership Transition
The interim appointment is aimed at ensuring continuity of leadership and operational stability at Engineers India Limited while the government completes the process for a regular CMD appointment.