Whirlpool of India filed clarifications to proxy advisory firms IiAS and SES, both of which recommended voting 'Against' the re-designation of Mr. Anil Berera as Independent Director.
The Company asserts full compliance with Section 149(6) of Companies Act 2013 and Regulation 16(1)(b) of SEBI LODR, contending no cooling-off period is legally mandated.
Mr. Berera has served on the Board since November 2011, transitioning to Non-Executive Non-Independent Director from January 2020; the proposed Independent Director appointment is effective 1 March 2026.
The Board currently has five Independent Directors, significantly exceeding the regulatory minimum, and the NRC has independently evaluated and recommended Mr. Berera's appointment.