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PSP Projects Ltd ( (IN:PSPPROJECT) ) has provided an update.
PSP Projects Limited has announced significant changes in its corporate structure, including the appointment of Mr. Kattunga Srinivasa Rao as a Non-Executive Director and the resignation of Ms. Pooja P. Patel as Whole-Time Director, who will now serve as the Chief Executive Officer. The company has also undergone a major shift in its shareholding pattern, with Adani Infra (India) Limited acquiring a substantial 34.41% stake, becoming a promoter and gaining joint control alongside existing promoters. This acquisition is expected to impact the company’s strategic direction and governance.
More about PSP Projects Ltd
Average Trading Volume: 8,443
Technical Sentiment Signal: Buy
Current Market Cap: 30.11B INR
For a thorough assessment of PSPPROJECT stock, go to TipRanks’ Stock Analysis page.