Date: September 10, 2026

KMP / Board / Auditor Changes

Re-appointment of Whole-time Director

  • Mr. Sushil Kumar (DIN: 08510312) re-appointed as Whole-time Director
  • Effective from January 1, 2027 until December 31, 2031
  • Approved by shareholders at 70th AGM held on September 9, 2026

Profile of Mr. Sushil Kumar

  • Rich finance experience of more than 26 years
  • Previously worked with GE, Alstom, Areva and Schneider
  • Worked with the Company for past 16 years
  • Held responsibilities in various finance domains including strategy, commercial finance, Treasury, Turnkey business, Strategy and business planning
  • Led integration efforts and drove various finance initiatives in the Company
  • Started career as Audit Manager in M/s. A.F. Ferguson & Co. (3 years)
  • Chartered Accountant and alumnus of Shri Ram College of Commerce, University of Delhi
  • Not related with any Director

Appointment of Non-Executive Director

  • Mr. Marco Simiano (DIN: 11785978) appointed as Non-Executive, Non-Independent Director
  • Approved by shareholders at 70th AGM held on September 9, 2026

Profile of Mr. Marco Simiano

  • Aged about 50 years, based in Italy
  • Senior business executive at GE Vernova
  • Over two decades of international experience in energy sector
  • Experience spans commercial strategy, product management, and advanced technology development
  • Currently Chief Commercial & Product Officer (CCPO) of Grid Automation at GE Vernova
  • Responsible for global strategy and commercial performance in Grid Automation
  • Education: M.Sc. (Nuclear Engineering) from University of Palermo, Italy; MBA (International) from University of St. Gallen, Switzerland; PhD from ETH Zurich, Switzerland
  • Not related with any Director

Re-appointment of Statutory Auditors

  • M/s. Deloitte Haskins & Sells (Firm Reg No. 015125N) re-appointed as Statutory Auditors
  • Second consecutive term of five years
  • Term from conclusion of 70th AGM until conclusion of 75th AGM to be held in year 2031
  • Approved by shareholders at 70th AGM held on September 9, 2026

Profile of Deloitte Haskins & Sells

  • Leading professional services firm in India
  • Scale and capacity to serve across locations
  • Strong Audit & Assurance practice with over 3,500 professionals
  • Offices across 16 cities
  • Provides professional services to largest and most reputed business houses across various industries and sectors