{"id":47522,"date":"2026-02-26T12:17:22","date_gmt":"2026-02-26T06:47:22","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/02\/26\/cupid-limited-appoints-former-bhel-cmd-mr-bontha-prasada-rao-as-independent-director\/"},"modified":"2026-02-26T12:17:22","modified_gmt":"2026-02-26T06:47:22","slug":"cupid-limited-appoints-former-bhel-cmd-mr-bontha-prasada-rao-as-independent-director","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/02\/26\/cupid-limited-appoints-former-bhel-cmd-mr-bontha-prasada-rao-as-independent-director\/","title":{"rendered":"Cupid Limited Appoints Former BHEL CMD Mr. Bontha Prasada Rao as Independent Director"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], February 26: <\/strong>Cupid Limited (Cupid, The Company),has appointed Mr. Bontha Prasada Rao (DIN: 01705080) as an Additional Non-Executive Independent Director of the Company for a first term of five consecutive years commencing February 25, 2026 up to February 24, 2031, subject to the approval of shareholders.<\/p>\n<p>The appointment has been approved by the Board of Directors by way of Circular Resolution, based on the recommendation of the Nomination and Remuneration Committee.<\/p>\n<p>Mr. Rao brings over four decades of distinguished leadership experience across the power, engineering and infrastructure sectors, having led large-scale public sector and multinational organizations.<\/p>\n<p>Currently Serving as Independent Director on the Boards of:<\/p>\n<p>Tata Boeing Aerospace Limited<\/p>\n<ul>\n<li>Havells India Limited<\/li>\n<li>Titagarh Rail Systems Limited<\/li>\n<li>Institute of Public Enterprises<\/li>\n<li>Steel Infra Solutions Company Limited (SISCOL)<\/li>\n<li>Power Mech Projects Limited<\/li>\n<\/ul>\n<p>Professional Background and Leadership Experience:<\/p>\n<ul>\n<li>Former Chairman and Managing Director, Bharat Heavy Electricals Limited (BHEL), a Maharatna PSU with global presence across 76 countries<\/li>\n<li>Led BHEL\u2019s capacity and capability expansion strategy; crossed \u20b950,000 crore in sales and contributed to the Company being granted Maharatnastatus by Government of India<\/li>\n<li>Granted a rare two-year extension as CMD by Government of India in recognition of his technical and managerial excellence<\/li>\n<li>Under his leadership, BHEL was ranked No. 9 among the World\u2019s Most Innovative Companies by Forbes in July 2011<\/li>\n<li>Mechanical Engineering Graduate from Jawaharlal Nehru Technological University, Kakinada<\/li>\n<li>Post Graduate in Industrial Engineering from NITIE, Mumbai (now IIM Mumbai)<\/li>\n<li>Former Managing Director, Steag Energy Services India, a wholly owned subsidiary of Steag Energy Services Germany<\/li>\n<li>Member, Studies Group of World Energy Council (served two terms)<\/li>\n<li>Former Chairman, CII Public Sector Enterprises Council<\/li>\n<li>Fellow, Institution of Engineers (India)<\/li>\n<li>Fellow, Indian National Academy of Engineering<\/li>\n<\/ul>\n<p>Boards and Institutional Positions Held (Past):<\/p>\n<ul>\n<li>CSIR (Government of India) \u2013 Member, Board of Governors<\/li>\n<li>IIM Kashipur \u2013 Member, Board of Governors<\/li>\n<li>Electrical Construction Company (ECCO), Tripoli (JV of Government of India and Government of Libya)<\/li>\n<li>Central Depository Services Limited (CDSL)<\/li>\n<li>CDSL Commodity Repository Limited<\/li>\n<li>NITIE, Mumbai (now IIM Mumbai) \u2013 Board Member<\/li>\n<li>Poonawalla Fin Corp Limited<\/li>\n<\/ul>\n<p>Awards and Recognitions:<\/p>\n<ul>\n<li>Conferred with the \u201cProf. S. N. Mitra Memorial Award 2018\u201d for Engineering Excellence by the Indian National Academy of Engineers<\/li>\n<li>Awarded Honorary Doctorate by Jawaharlal Nehru Technological University, Kakinada, presented by the Hon\u2019ble Governor of Andhra Pradesh during the University\u2019s convocation in August 2019<\/li>\n<\/ul>\n<p>The Board believes that Mr. Rao\u2019s extensive experience in leading complex organizations, deep understanding of regulatory frameworks, and long-standing involvement in public institutions and listed entities will further strengthen the Company\u2019s corporate governance framework, enhance Board oversight, and contribute to robust, transparent, and value-driven decision-making at Cupid Limited.<\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], February 26: Cupid Limited (Cupid, The Company),has appointed Mr. Bontha Prasada Rao (DIN: 01705080) as an Additional Non-Executive Independent Director of the Company for a first term of five consecutive years commencing February 25, 2026 up to February 24, 2031, subject to the approval of shareholders. The appointment has been approved by&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2026\/02\/26\/cupid-limited-appoints-former-bhel-cmd-mr-bontha-prasada-rao-as-independent-director\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Cupid Limited Appoints Former BHEL CMD Mr. Bontha Prasada Rao as Independent Director&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":47523,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-47522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/47522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=47522"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/47522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/47523"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=47522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=47522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=47522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}