ABB India Ltd has closed its trading window for dealing in the company's securities from June 15, 2026. The window will remain shut until 48 hours after the dissemination of the financial results for the quarter ending June 30, 2026. This measure is intended to prevent insider trading during the period leading up to the results announcement.

The closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. It also adheres to the Company's Code of Conduct for Prevention of Insider Trading and the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.

The intimation was addressed to the stock exchanges, including BSE Limited and the National Stock Exchange of India Limited. The communication was submitted by Trivikram Guda, the Company Secretary and Compliance Officer.

The restriction applies to all designated persons and is effective from June 15, 2026. The trading window will reopen only after the specified period following the release of the Q1FY26 financial results.

ABB India Limited has initiated a postal ballot process seeking shareholder approval for the appointment of a new Managing Director and a Non-Executive Director. The resolutions propose appointing 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, both effective from January 1, 2027. These appointments are subject to the approval of the members through remote e-voting.

Appointment Details

The Board of Directors has recommended the appointment of Mr. TK Sridhar (DIN: 06960804) as the Managing Director of the Company. His tenure is proposed for five consecutive years from January 1, 2027, to December 31, 2031. Mr. Sridhar, currently serving as the Chief Financial Officer, brings over three decades of experience and has played a key role in the company's strategic initiatives. His remuneration package includes a basic pay of ₹11,655,000 per annum, other allowances of ₹15,734,250 per annum, and a performance bonus of up to ₹11,655,000 per annum.

Concurrently, the Company proposes the appointment of Mr. Sanjeev Sharma (DIN: 07362344), the current Managing Director, as a Non-Executive, Non-Independent Director. This appointment is for a term of two years from January 1, 2027, to December 31, 2028. Mr. Sharma will be eligible for commission as determined by the Board, subject to a cap of 1% per annum of the net profits for all Non-Executive Directors. This move aims to retain his strategic guidance at the Board level following the conclusion of his tenure as Managing Director on December 31, 2026.

E-Voting Schedule and Process

The Company has engaged KFin Technologies Limited to facilitate the remote e-voting process. Shareholders holding shares as of the cut-off date, Friday, May 22, 2026, are eligible to vote. The e-voting period begins at 9.00 a.m. IST on Wednesday, May 27, 2026, and ends at 5.00 p.m. IST on Thursday, June 25, 2026.

The results of the postal ballot will be declared on or before 5.00 p.m. IST on Monday, June 29, 2026. The notice and e-voting instructions have been dispatched to members electronically and are also available on the Company’s website. Mr. K. Chandra Sekhar, Practicing Company Secretary, has been appointed as the Scrutinizer to oversee the voting process.