CLN Energy Limited has made a regulatory disclosure regarding the appointment of a new executive director.
Nature of the Event
The disclosure concerns the appointment of Mr. Rahul Bhatnagar as an Additional Director (Executive) of the company.
Key Dates and Approvals
The Board of Directors approved the appointment in a meeting held on Wednesday, July 01, 2026. The decision was based on the recommendation of the Nomination and Remuneration Committee. The appointment is effective from July 01, 2026.
Term of Appointment
Mr. Bhatnagar has been appointed for a term lasting until the ensuing General Meeting. His continuation is subject to approval by the company's members at that meeting. Following approval, he shall be liable to retire by rotation.
Director Profile and Background
Mr. Rahul Bhatnagar (DIN: 01563122) is described as a Delhi-based entrepreneur and philanthropist with over three decades of experience. His educational qualifications include a B.Sc. and M.Sc. from Delhi University and an MCA in Computers.
His professional background includes:
- Being a founding member of the Shamken Group, where he helped build a textile conglomerate with a turnover of over ₹1000 crore.
- Serving as Founder Director and Chairman of Shamken Cotsyn Ltd., which he led to a successful stock exchange listing.
- Founding Ameks Techfab Pvt. Ltd., a company producing NIJ- and DRDO-certified bulletproof fabrics and body armor.
- Founding Elitista Haute Couture Pvt. Ltd., which provided manufacturing support to global luxury brands such as Gucci, Prada, and Versace.
- He has since expanded operations internationally and is now based in Dubai.
In philanthropy, he serves as a trustee with organizations like Nirmala Niketan and Nirmana. Nirmana was instrumental in securing construction workers' welfare legislation in the Indian Parliament.
Company Contact
The intimation was signed by Bhavika Mundra, Company Secretary & Compliance Officer for CLN Energy Limited, and submitted to the BSE Limited Listing Department.