Nature of change: Appointment of Senior Management Personnel.
Name and DIN: Mr. Pradeep Kumar Madhur. A DIN is not provided for this Senior Management Personnel role.
Effective date: The appointment is effective from 01st October 2026.
Brief profile and qualifications: Mr. Pradeep Kumar Madhur has over 17 years of experience in the energy and power infrastructure sector across India and the Asia-Pacific region. He most recently served as Senior Director and Country Business Leader at Lerri Solar Technology (India) Private Limited (LONGi Solar), where he was responsible for the P&L of the Indian business, with annual revenues exceeding USD 1 billion. His responsibilities included business strategy, market expansion, cross-border governance and regulatory matters. During his tenure, the Indian business moved from 17th position to the leading market share position within approximately twelve months and retained market leadership from 2020 to 2022. He also oversaw the company's income tax and regulatory proceedings in 2023, including the structuring of arrangements to address Permanent Establishment considerations. Prior to this, he was part of the founding team of Sungrow India, where he contributed to establishing the company's Indian operations and the deployment of over 4 GW of solar inverters over three years. Earlier in his career, he held leadership roles in the power systems divisions of Raychem RPG and Crompton Greaves, managing key accounts for large scale thermal power and high-voltage grid projects. His areas of expertise include cross-border subsidiary governance and joint venture structuring, P&L management, regulatory and tax risk management, statutory audit oversight, and the energy transition across solar PV, battery energy storage systems (BESS) and grid integration. Mr. Pradeep Kumar Madhur holds a Bachelor of Engineering degree in Electrical & Electronics Engineering from M.S. Ramaiah Institute of Technology and an MBA in International Business from Sikkim Manipal University.
Confirmation of eligibility: The disclosure confirms the appointment is made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026.
Relationship with other directors or promoters: The disclosure states 'Not Applicable' for relationships between Directors.
Previous KMP: The disclosure does not mention who held the position of Chief Business Officer earlier or the nature of their exit.
Any Other Material Information
Regulatory confirmations: The intimation is formally made to BSE Limited and the National Stock Exchange of India Limited under the required SEBI Listing Regulations.
Company and Scrip Details: The company is SWELECT Energy Systems Limited (Scrip Code: 532051, Scrip Symbol: SWELECTES).
