Nature of change: Re-appointment of Ms. Shukla Wassan (DIN: 02770898) as Non-Executive, Independent Director
Effective date and tenure: For a further term of five years from 29th November 2026 to 28th November 2031 (both days inclusive)
Qualifications: Fellow Member of Institute of Company Secretaries of India, Chartered Institute of Arbitrators (UK), Law Graduate, internationally accredited Mediator and Corporate Advisor
Experience: Over four decades of experience including leadership roles at Hindustan Coca-Cola Beverages Pvt Ltd, Xerox India Ltd, and Reckitt Benckiser Ltd
Expertise areas: Merger & Acquisition, Joint Ventures, Strategic Alliances, Intellectual Property, Competition Law, Corporate Governance and Corporate Social Responsibilities
Current directorships: Independent Director on boards of Kwality Wall's India Ltd and India Glycols Limited
Regulatory status: Not debarred from holding office of director by any authority
Approval required: Subject to shareholder approval
Appointment of Company Secretary & Compliance Officer
Nature of change: Appointment of Mr. Vipul Sharma (Membership No. ACS 27737) as Company Secretary & Compliance Officer
Classification: Key Managerial Personnel and Senior Management Personnel
Effective date: 19th June 2026
Term: Full-time employment as per company policy
Qualifications: Associate Member of The Institute of Company Secretaries of India
Experience: Over 15 years in secretarial, legal and regulatory functions across listed companies, NBFCs and banking institutions
Previous role: Chief Compliance Officer, Company Secretary & Compliance Officer at Aye Finance Limited, where he played key role in driving IPO process
Expertise: Corporate governance, SEBI and RBI regulations, Board and Committee management, fundraising transactions, listed debt compliances
Previous associations: AU Small Finance Bank Limited, Satin Creditcare Network Limited, Hero Future Energies Group, Jubilant Life Sciences Limited, Jaypee Group
Appointment of Chief Financial Officer
Nature of change: Appointment of Mr. Rahul Rojal as Chief Financial Officer
Classification: Key Managerial Personnel and Senior Management Personnel
Effective date: 19th June 2026
Term: Full-time employment as per company policy
Qualifications: Chartered Accountant
Current role: Senior Financial Reporting Manager and Chief Risk Officer at GE Power India Limited
Experience: Over 16 years across financial reporting, statutory controllership, audit, listed entity governance, and strategic finance leadership
Expertise: Financial reporting under Ind AS, SEBI regulations and disclosures, investor relations, enterprise risk management, strategic transactions, board-level governance
Previous role: Worked with DCM Shriram Limited (listed entity for ~7 years) managing financial reporting, consolidation, finance automation initiatives
Career start: PricewaterhouseCoopers with exposure to statutory audits, internal controls, financial reporting across listed and multinational companies
Appointment of Additional Director and Whole-time Director
Nature of change: Appointment of Mr. Shrikar Thakur as Additional Director and Whole-time Director (Key Managerial Personnel)
Effective date: 1st July 2026
Term: Three years, liable to retire by rotation
Current role: India New Build Leader with responsibility for execution, profitability, and strategic delivery of large-scale power generation and EPC projects across India
Experience: Over 17 years of international experience in power, infrastructure, manufacturing, and EPC sectors across India, France, and United States
Previous roles: Project Management Office (PMO) Leader for Steam Power India, positions with Alstom Bharat Forge JV and Kalyani Group
Education: Bachelor's Degree in Mechanical Engineering from BIT Mesra, MBA in International Business from Indian Institute of Foreign Trade (IIFT), New Delhi
Additional qualification: Graduate of GE's prestigious Accelerated Leadership Program (XLP)
Status change: Upon appointment as Director, will cease to be classified as Senior Management Personnel as per SEBI Listing Regulations effective closure of working hours of 30th June 2026
Approval requirements: Subject to allotment of Director Identification Number (DIN) by Ministry of Corporate Affairs and shareholder approval
Regulatory status: Not debarred from holding office of director by any authority
Corporate Calendar
34th Annual General Meeting: Scheduled to be held on Friday, 14th August 2026
