Change in Director / Key Managerial Personnel

Nature of change: Appointment

Name and DIN of the individual: Mr. Hemanth Kumar (DIN not disclosed in the data)

Effective date and tenure: Effective from July 1, 2026. Term of appointment: Not Applicable (as per annexure)

Brief profile and relevant qualifications: Mr. Hemanth Kumar is a seasoned business leader with over two decades of experience across Sales and Marketing, including leadership roles within ABB India and in international assignments. He is currently serving as Sales & Marketing Director – Traction Division, ABB India Limited, and has a proven track record in driving business growth, leading strategic initiatives and managing large-scale traction and mobility projects.

Confirmation of eligibility under SEBI/BSE/NSE norms: The appointment was made based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors, indicating compliance with governance norms. Specific eligibility confirmation under SEBI norms is not explicitly mentioned.

Relationship with other directors: Mr. Hemanth Kumar is not related to any Directors and Key Managerial Personnel of the Company.

Previous KMP: The data does not disclose who held the position of Local Division Manager – Motion previously or what happened to their tenure.

Key Financial or Operational Approvals

The data does not contain information about financial results approvals, fundraising, acquisitions, capital expenditures, debt/equity decisions, or auditor opinions.

Strategic or Business Context

The data does not contain commentary on business outlook, risks, trends, segment-wise insights, or material changes in business strategy.

Any Other Material Information

Regulatory Compliance: The disclosure is made pursuant to Regulation 30 read with Para A(7) of Part A of Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024.

Approval Process: The appointment was approved by the Board of Directors through a circular resolution on June 27, 2026. Approval was received at 11.45 am (IST).