Nature of change: Appointment of Senior Management Personnel
Name and DIN: Mrs. Jyothsana Vasudevan (DIN not provided in disclosure)
Effective date: October 5, 2026 (Whole time employment)
Profile and qualifications: Mrs. Vasudevan (47 years) has 24 years of experience in Human Resources across renewable energy, manufacturing, technology, supply chain, shared services, and consumer durables. She holds a master's degree in human resources from Indraprastha University, Delhi (Gold Medalist). She is co-author of a UN Gender Compact award-winning whitepaper on Women at Workplace and serves as pro-bono HR Advisor to Brooke India (UK NGO).
Previous experience: Most recently served as Sr. Vice President & Head HR at Avaada Manufacturing (renewable energy business manufacturing solar cells, modules, glass, and related ancillaries). Her responsibilities included building HR strategy for growing renewable-energy manufacturing platform and re-engineering processes for IPO readiness.
Key competencies: Developing HR strategy, redesigning operating models, strengthening people-process governance, and supporting organizations undergoing rapid growth and structural transformation.
Relationship disclosure: No relationships between directors disclosed (as this is a senior management appointment, not directorial).
Governance process: Appointment approved by Board of Directors through resolution passed by circulation on October 1, 2026, based on recommendation of the Nomination and Remuneration Committee.
