KPILKalpataru Projects International Ltd.
Kalpataru Projects International names Amit Uplenchwar CEO (designate)
- Management change
- Infrastructure EPC
Reviewed byRachit TripathiBlacklitt Research
Kalpataru Projects International (NSE: KPIL) has approved elevating Amit Uplenchwar as Joint Managing Director & CEO (designate), with his appointment as Additional Director and Joint Managing Director & CEO effective from 01 Jan 2027, it said in a filing on 05 Nov 2026. The appointment is subject to shareholder approval.
The appointment runs for five years from 01 Jan 2027
On the recommendation of the Nomination and Remuneration Committee, the Board approved elevating Amit Uplenchwar (DIN: 06862760) as Joint Managing Director & CEO (designate) at its meeting on 05 Nov 2026. The Board also approved appointing him as an Additional Director and as Joint Managing Director & CEO (Key Managerial Personnel), effective from 01 Jan 2027.
His term runs from 01 Jan 2027 to 31 Dec 2031, both days inclusive, subject to the approval of shareholders.
Annexure A says he holds a Bachelor of Engineering in Mechanical Engineering from Nagpur University and an MBA from Maastricht University, and has over three decades of experience in corporate strategy and mergers and acquisitions. It credits him with divesting non-core subsidiaries and securing projects from Saudi Aramco and a gas pipeline project in the United Arab Emirates during his over six years with the company.
Two promoter group members sought reclassification to Public
The Board also approved requests dated 03 Nov 2026 from Mr. Imtiaz Kanga and Mrs. Yasmin Imtiaz Kanga, spouse of Mr. Imtiaz Kanga, to move from the Promoter Group category to the Public category. The Board noted that they satisfy the conditions prescribed for reclassification.
What the appointment and reclassification mean for Kalpataru Projects International's shareholders
Both items need shareholder approval before they can proceed. If the appointment is approved, Amit Uplenchwar's term starts on 01 Jan 2027, the next dated step in the filing.
The filing does not state his remuneration, the reason for his appointment, the reason the requests for reclassification were made, or when shareholders will vote.
At a glance
| Item | Detail |
|---|---|
| Person | Amit Uplenchwar (DIN: 06862760) |
| Role | Joint Managing Director & CEO (designate); Additional Director; Joint Managing Director & CEO (Key Managerial Personnel) |
| Effective date | 01 Jan 2027 |
| Term | 5 (five) years, 01 Jan 2027 to 31 Dec 2031, both days inclusive |
| Board approval | 05 Nov 2026, on the recommendation of the Nomination and Remuneration Committee |
| Reclassification requests | Dated 03 Nov 2026, from Mr. Imtiaz Kanga and Mrs. Yasmin Imtiaz Kanga |
| Approval needed | Shareholder approval for both items |
Filed with BSE on . Reference: Original filing (PDF)
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