Univastu India Limited's Board of Directors, in a meeting held on January 13, 2026, approved the incorporation of an associate company. This new entity will be formed in collaboration with Valecha Engineering Limited, with Univastu India Limited holding a 49% stake and Valecha Engineering Limited holding the remaining 51%. The name and other details of this proposed associate company will be communicated upon its incorporation. Furthermore, the Board has approved the appointment of Brig. Pravin Shinde as the Chief Operating Officer (COO) of Univastu India Limited, effective January 12, 2026. Brig. Shinde is a distinguished retired Indian Army officer with 34 years of service, including combat experience and leadership roles. He holds a Vishisht Seva Medal (VSM) and has post-retirement corporate experience. His academic background includes a Master's in Defence and Strategic Studies and an M.Phil in Artificial Intelligence, along with specialized military training. His core competencies include resource management, infrastructure project management, logistics, cybersecurity, and disaster management. The Board meeting commenced at 11:00 AM IST and concluded at 12:30 PM IST.
