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(22/12/2025 11:42)

Kings Infra assures leadership continuity and growth following demise of Chairman Shaji Baby John

Kings Infra Ventures Limited has reaffirmed its commitment to stability, continuity, and long-term growth following the passing of its Chairman and Managing Director, Shaji Baby John. Widely regarded as a visionary entrepreneur, his leadership played a pivotal role in building Kings Infra into a resilient and forward-looking enterprise.

While acknowledging the profound personal and professional loss, the company stated that it remains firmly focused on honouring his legacy through strong governance, disciplined execution, and sustained value creation. Kings Infra emphasized that its operations continue seamlessly, supported by a clear succession framework and an experienced leadership team.

As part of a structured leadership transition, the responsibilities, powers, and functions of the Managing Director have been entrusted to Baby John Shaji, Joint Managing Director of the company, until further decision by the Board. The company said the transition has been smooth and reflects its preparedness and institutional strength, offering assurance to stakeholders on business continuity and operational stability.

The Board of Directors and senior management continue to provide strategic direction, supported by a skilled and dedicated workforce that upholds the values of discipline, innovation, and perseverance instilled by the late Chairman. Kings Infra noted that its leadership team comprises seasoned professionals with extensive experience across international business, seafood exports, aquaculture, finance, and corporate governance, ensuring uninterrupted operations and effective execution of strategy.

Looking ahead, the company reiterated its commitment to the strategic roadmap envisioned by its former Chairman. Kings Infra plans to strengthen its core operations while advancing key growth initiatives, including preparations for overseas expansion, development of the Kings Maritime Aquaculture Technology Park near Visakhapatnam, and continued focus on operational excellence across existing projects.

In addition, the company is progressing with real estate development and value-unlocking initiatives as part of its long-term financial strengthening strategy. Over the next 12–24 months, Kings Infra aims to unlock value from its real estate portfolio through structured development and strategic partnerships, with proceeds expected to support business expansion, strengthen the balance sheet, and move towards a debt-free structure.

Reassuring investors and stakeholders, Kings Infra stated that business operations remain uninterrupted and future-focused. With a strong Board, capable leadership, and a clear growth strategy, the company said it is well-positioned to deliver sustained growth, stability, and long-term value, while carrying forward the vision and legacy of Shaji Baby John.

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