ABB India Appoints TK Sridhar as Managing Director

ABB India's Board approved TK Sridhar's appointment as Managing Director effective January 1, 2027, for a five-year term, subject to shareholder approval.
Current Managing Director Sanjeev Sharma will transition to a Non-Executive, Non-Independent Director role upon his term completion on December 31, 2026.
The Board approved a Postal Ballot notice to seek shareholder approval for both director appointments, ensuring governance compliance.
Both appointments are confirmed to meet all SEBI, Companies Act, and listing regulation requirements, with no disqualifications or inter-se relationships.