ABB India Ltd shareholders have approved the appointment of Mr. TK Sridhar as Managing Director for a term of five years and Mr. Sanjeev Sharma as Non-Executive, Non-Independent Director for two years, effective January 1, 2027. The resolutions were passed via a remote e-voting postal ballot process that concluded on June 25, 2026, securing the requisite majority from members.

The postal ballot sought approval for the leadership transitions to ensure continuity in the company's operations. Mr. TK Sridhar, currently the Chief Financial Officer, brings over three decades of experience within the ABB Group, having held various leadership roles in finance and business functions since 1994. Mr. Sanjeev Sharma, the current Country Managing Director, has over 30 years of global experience across engineering, operations, and business leadership.

Voting Results Summary

The scrutinizer, Mr. Chandra Sekhar Kandukoori, Practicing Company Secretary, validated the results following the closure of e-voting on June 25, 2026. The total number of shareholders on the record date was 195,805. Both resolutions received overwhelming support from the promoter and public shareholder categories.

Resolution 1: Appointment of Mr. TK Sridhar

Resolution 2: Appointment of Mr. Sanjeev Sharma

Regulatory Compliance

The results were submitted in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Sections 108 and 110 of the Companies Act, 2013. The remote e-voting was conducted by KFin Technologies Limited, with the scrutinizer confirming the fair and transparent processing of the votes. The appointments are effective from January 1, 2027.

Kolkata Metro has partnered with ABB to enhance the efficiency, reliability, and safety of its expanding urban transit network through advanced electrification and motion-control solutions. The 25-year alliance supports seamless operations across underground and elevated corridors, facilitating reduced downtime and optimized space utilization. This deployment is critical as the 72-km metro system operates over 300 train trips daily, serving more than half a million passengers and playing a vital role in easing traffic congestion in the city.

A wide range of ABB Electrification solutions have been deployed across various stations and tunnels throughout the network. These include low-voltage and medium voltage gas-insulated switchgear, lightning protection systems, distribution boards, and variable frequency drives (VFDs). These technologies are designed to enable safe ventilation and operational continuity. Additionally, ABB Motion's HVAC-dedicated packaged drives help control critical cooling infrastructure, supporting passenger comfort and smoke extraction during emergencies, while achieving average energy savings of 25 percent.

The solutions are engineered to meet specific infrastructure requirements across key metro corridors and facilities. Installations span the Sealdah–Phoolbagan, Joka–Majerhat, Barun Sengupta–Nazrul Tirtha, Airport, Shahid Khudiram station, and Blue Line corridors. Notable sites include Dakshineswar, Baranagar, Metro Railway Bhavan, and India's largest underground metro station, Jai Hind Bimanbandar.

Kiran Dutt, President – Electrification, ABB India, highlighted the strategic importance of the partnership. He stated that ABB's broad portfolio of technologies is currently helping drive efficient operations across 80% of the nation's metro rail networks. Dutt emphasized that through local manufacturing and innovations under the 'Make in India' initiative, ABB continues to support India's vision for a modern, sustainable, and future-ready transportation ecosystem.

Key Deployments and Impact

The integration of ABB technology addresses several operational challenges within the Kolkata Metro network. The solutions contribute to power distribution, electrification, and HVAC applications, ensuring the network's efficient operation and supporting ongoing infrastructure development efforts.