This is a regulatory disclosure submitted to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company announced a series of leadership movements effective from July 2, 2026, as part of its "Crompton 2.0" journey focused on strengthening leadership capabilities and building a robust talent pipeline.

Key Appointments and Changes:

1. Appointment of Mr. Sachin Phartiyal

  • Mr. Sachin Phartiyal was appointed as Business Unit Head- Home Electricals, designated as Senior Management Personnel, effective July 2, 2026.
  • His appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.
  • Brief Profile: Mr. Phartiyal is a seasoned business leader with nearly three decades of experience in consumer durables and electricals. He holds a B.Sc. from C.C.S. University, Meerut, and a postgraduate degree in Management, along with Strategy Management certifications from Apeejay School of Management and Copenhagen Business School.
  • In his last role, he served as CEO & Executive Director at Torrent Electricals Ltd. (2024–2026). He has also held leadership roles at Crompton Greaves Consumer Electricals Limited and Whirlpool of India Ltd., and began his career with Godrej Appliances Limited and MIRC Electronics Ltd.

2. Role Change for Mr. Rajat Chopra

  • Mr. Rajat Chopra, who has over 28 years of experience with Crompton, was moved from his role as Business Unit Head - Home Electricals & Pumps to the role of Group Sales & Service Head (GSSH), effective July 2, 2026.
  • In his previous role, he was instrumental in strengthening the Fans, Pumps, and LDA (Lighting and Durables) businesses. In his new role, he will drive the transformation of Sales and Service.

3. Role Change for Mr. Anand Kumar N

  • Mr. Anand Kumar N, the current Group Sales & Service Head (GSSH), was designated as the Business Unit Head – Kitchen Appliances, effective July 2, 2026. This role encompasses Small Domestic Appliances and Large Kitchen Appliances.
  • He is a multidisciplinary leader with over 35 years of experience at Crompton and has played a pivotal role in driving sales excellence, expanding distribution reach, and enhancing customer experience.
  • He will also oversee the Pumps Profit & Loss (PL) unit. Ms. Swetha Sagar, Manager & Chief Business Officer, Butterfly and her team will work closely with him to drive synergies.

4. Reporting Change for Mr. Ketan Chaudhari

  • Mr. Ketan Chaudhari, PL Head – Small Domestic Appliances, will now report to Mr. Anand Kumar N (Business Unit Head – Kitchen Appliances) instead of Mr. Promeet Ghosh (Managing Director & Chief Executive Officer), effective July 2, 2026.
  • Consequently, Mr. Ketan Chaudhari ceased to be classified as a Senior Management Personnel of the Company under Regulation 30 read with Schedule III of the SEBI Listing Regulations from July 2, 2026.
  • It was clarified that there is no change in his role, responsibilities, designation, or terms of employment. He continues to lead the Small Domestic Appliances business as PL Head.

Financial and Operational Impact

The disclosure does not quantify any specific financial impact resulting from these management changes. The changes are presented as strategic moves to strengthen leadership and drive long-term growth and transformation.