M & B Engineering Limited has intimated the stock exchanges regarding the approval received from shareholders for the re-appointment of two Whole-Time Directors.
The approval was granted by shareholders at the 44th Annual General Meeting (AGM) held on 17th September, 2026 through Video Conference/Other Audio Visual Means (VC/OAVM).
Director Re-appointment Details
Ms. Birva Chirag Patel (DIN: 07203299)
- Re-appointed as Whole-time Director, liable to retire by rotation
- Term: 3 years, from 2nd April, 2027 to 1st April, 2030
- Shareholding: 40,17,500 Equity Shares of Face Value ₹10 each (7.03%)
- Qualification: Company Secretary with over 2 decades of experience in Company Law and SEBI Laws
- Current Position: Serves on the board of various Adani Group Companies for over 10 years
- Expertise: Corporate laws, regulatory compliance, corporate governance, and SEBI regulations
- Relationship: Related to Chirag Hasmukhbhai Patel, Joint Managing Director of the Company
- Affirmation: Not debarred from holding director office by any SEBI order or authority
Mr. Aditya Vipinbhai Patel (DIN: 07103812)
- Re-appointed as Whole-time Director, liable to retire by rotation
- Term: 3 years, from 2nd April, 2027 to 1st April, 2030
- Shareholding: 20,16,988 Equity Shares of Face Value ₹10 each (3.53%)
- Qualification: Bachelor of Engineering degree and MBA in Finance from the United States
- Professional Background: Previously worked with ING Fund of Hedge Funds, New York
- Current Role: Heads Domestic and International Business Development functions
- Contribution: Played pivotal role in taking the "Phenix" brand to international level
- Expertise: Business development, strategic planning, and international operations
- Relationship: Related to Vipinbhai Kantilal Patel, Director of the Company
- Affirmation: Not debarred from holding director office by any SEBI order or authority