Change in Director / Key Managerial Personnel

Nature of change: Appointment of Mr. Sandeep Sehgal as Executive Vice President – Sales Lloyd

Name and DIN of the individual: Sandeep Sehgal (DIN not disclosed in the filing)

Effective date and tenure: Appointment effective August 4, 2026. Term of appointment not disclosed.

Brief profile and relevant qualifications:

  • Over 25 years of experience in product strategy, sales & marketing, business development, channel management, and team leadership
  • Proven expertise in driving revenue growth, expanding market presence, developing new business verticals, and leading large teams across multicultural business environments
  • Worked with Panasonic for 10 years in various sales profiles
  • Previously associated with CEAT Tyres and LG Electronics India
  • Educational qualifications: PGDBM from Birla Institute of Management Technology, Bachelor of Commerce (Honours) from Shri Ram College of Commerce, Delhi University

Confirmation of eligibility under SEBI/BSE/NSE norms: Not explicitly mentioned in the disclosure

Relationship with other directors: Not applicable (as stated in the filing)

Previous KMP: The filing does not disclose who held the position earlier or what happened to their tenure

Potential financial impact: The disclosure does not provide specific information about the financial impact of this appointment on management continuity, decision-making, or operational direction.

Key Financial or Operational Approvals

This section does not apply to this disclosure as it solely concerns a management appointment without any financial approvals or operational decisions.

Strategic or Business Context

This section does not apply to this disclosure as it contains no business outlook, risk commentary, or strategic context beyond the appointment announcement.

Any Other Material Information

Regulatory compliance: The appointment was intimated under Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) read with corresponding circulars and notifications issued thereunder, specifically complying with sub-para 7 of Para A of Part A of Schedule III of the SEBI LODR.

Filing details:

  • Date of filing: August 4, 2026
  • NSE Symbol: HAVELLS