Nature of Disclosure: Regulatory filing pursuant to Regulation 30 of the SEBI Listing Regulations regarding a change in designation of a Senior Management Personnel (SMP).
Key Event: The Board of Directors of Orient Electric Limited approved, via a resolution passed by circulation on August 07, 2026, a change in the designation of Ms. Anika Agarwal, a Senior Management Personnel.
Change Details:
- Previous Designation: Chief Marketing and Customer Experience Officer
- New Designation: Executive Vice President & BU Head – Lighting
- Effective Date: August 7, 2026
- Reason for Change: Assignment to a new role as Business Unit Head – Lighting. She will continue as a Senior Management Personnel of the Company.
Executive Profile (From Annexure A):
Ms. Anika Agarwal is a business and growth leader with over two decades of experience across consumer electricals, insurance, and telecommunications. She has been associated with Orient Electric Limited for approximately four years. Prior to joining, she was President – Consumer Business at MMTC-PAMP India. She has also served as Chief Marketing Officer and Director – Digital SBU at Max Bupa Health Insurance (now Niva Bupa) and held leadership positions at Nokia in India and Middle East & Africa.
Regulatory References: The disclosure is made in compliance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026. The information has also been made available on the company's website.
Financial/Operational Impact: The disclosure does not quantify any financial impact. The change is presented as an internal reassignment of roles within the existing senior management team.