Nature of change: Elevation of existing Chief Human Resources Officer (CHRO) to the President cadre, categorizing her as Senior Management Personnel.
Name and DIN: Ms. Preety Raj (DIN not provided in the disclosure).
Effective date: The promotion is effective from 1st April, 2026. The announcement and intimation to the exchanges were made on 23rd June, 2026.
Brief profile: Ms. Preety Raj is a seasoned Human Resources leader with over 28 years of diverse industry experience spanning automotive, information technology, banking, and services sectors. Her educational qualifications include a Master's degree in Human Resources and Industrial Relations, a Diploma in Management from Harvard Business School, and an Executive MBA from IIM, Bangalore. In her role, she oversees the full spectrum of Human Resources and Administration functions and drives people strategy, organisational effectiveness, and business alignment. Her areas of expertise include HR strategy and business partnering, organisational transformation, leadership development, diversity, equity & inclusion (DE&I), talent management, culture building, change management, and workforce transformation. She has a proven track record of leading large-scale people initiatives, enabling business growth, fostering high-performance cultures, and driving sustainable organisational change.
Term of appointment: Her services shall continue to be governed by the existing terms and conditions of her employment with the Company.
Confirmation of eligibility: The disclosure confirms the change is in accordance with the company's Nomination and Remuneration Policy and is intimated under SEBI Listing Regulations and Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.
Any Other Material Information
Regulatory Compliance: The disclosure is made in compliance with Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Company Contacts: The communication is signed by Mr. Sunil Lalai, Company Secretary, Compliance Officer and Head – Legal (Membership No.: A8078).
