New Delhi: Engineers India Limited (EIL) has informed stock exchanges that the Government of India has approved the extension of the additional charge of Chairman & Managing Director (CMD) to Praveen M. Khanooja for a further period of three months starting June 1, 2026.
The extension will remain valid until the appointment of a regular incumbent or until further government orders, whichever is earlier.
Government Approval Through Ministry Order
The decision was communicated by the Ministry of Petroleum & Natural Gas via an official order dated June 2, 2026. The approval has been issued under the administrative framework governing Public Sector Undertakings (PSUs).
According to the order, the extension ensures continuity in the top leadership position at EIL during the interim period.
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Duration and Terms of Extension
- Position: Chairman & Managing Director (additional charge)
- Appointee: Praveen M. Khanooja
- Effective Date: June 1, 2026
- Tenure: 3 months
- End Condition: Until a regular CMD is appointed or further orders are issued
The government has clearly stated that the arrangement is temporary and will remain in effect only until a permanent appointment is made.
Regulatory Disclosure to Stock Exchanges
EIL confirmed that the development has been disclosed to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in compliance with regulatory requirements.
The filing was made under Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure ensures transparency and compliance with listing norms applicable to public sector listed companies.
Background of the Extension
The latest approval follows earlier communication from the Ministry dated March 2026, when the additional charge was first assigned to Khanooja. The June extension continues the interim arrangement, maintaining administrative stability at the PSU.
Significance of the Decision
The extension of leadership charge is aimed at ensuring uninterrupted strategic and operational oversight at EIL, a key engineering consultancy PSU involved in major energy and infrastructure projects. The move also reflects the government’s practice of maintaining continuity in senior PSU roles until formal appointments are completed.
About Engineers India Limited
Engineers India Limited is a leading public sector enterprise under the Government of India, providing engineering consultancy and EPC services primarily in the oil, gas, petrochemicals, and infrastructure sectors. The company plays a key role in executing large-scale energy projects in India and abroad, contributing to the country’s industrial and energy development.
