Capacit’e Infraprojects Limited has announced the appointment of Mr. Chilakamarri Lakshmi Narasimha Charyulu (DIN: 09376516) as an Additional Independent Director for a three-year term effective March 25, 2026. This strategic move, recommended by the Nomination and Remuneration Committee, is subject to shareholder approval via a special resolution. The company confirmed that Mr. Charyulu meets all regulatory criteria for the role and does not have any personal relationships with other board members.

Mr. Charyulu brings over 34 years of extensive banking experience from the State Bank of India, where he reached the rank of Chief General Manager. His career highlights include senior leadership roles in corporate credit, international banking, and retail banking, alongside deep expertise in credit risk assessment and policy formulation. At 60 years of age, his background in leading large credit portfolios and strengthening risk governance frameworks is expected to significantly bolster the company’s strategic oversight.

Capacit’e Infraprojects is a specialized EPC contractor focusing on high-rise and super-high-rise residential, commercial, and institutional buildings. As of late 2025 and early 2026, the company has maintained a strong operational trajectory, securing a Letter of Intent (LoI) worth approximately ₹537 crore from TenX Realty (Raymond) in February 2026 for a project in Thane. Other major wins in early 2025/2026 include a ₹445 crore project from Great Value Realty in Noida and a ₹542.37 crore contract from IIT Bombay. The company’s total order book stood at a robust ₹13,188 crore as of December 31, 2025, providing strong revenue visibility for the next 3 to 4 years.

In its most recent quarterly financial results for the period ended December 31, 2025 (Q3 FY26), the company reported its highest-ever quarterly consolidated revenue of ₹675.42 crore, representing a 14.38% year-on-year increase. However, consolidated net profit for the quarter saw a slight decline of 3.84% year-on-year to ₹50.02 crore, largely due to execution delays caused by extended monsoons and municipal elections. Notable investors in the company include Mukul Mahavir Agrawal, who holds a 6.1% stake, and institutional backers such as Quant Mutual Fund and Valiant Mauritius Partners.