Autoline Industries Limited has announced a key leadership appointment, naming Mr. Jeetendra A. Mandape as its new Chief Human Resource Officer (CHRO). The appointment was approved by the Board of Directors at its meeting held on March 18, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details

The new CHRO will assume his role effective April 06, 2026, and has been designated as Key Managerial Personnel (KMP) of the Company within the Senior Management structure.

Professional Background

Mr. Jeetendra A. Mandape brings extensive experience to his new role, with over 27 years of expertise in Human Resources, Industrial Relations, and statutory compliance across large manufacturing organizations. His professional journey includes tenure with several reputed companies:

• Indocount Industries Ltd.
• Raymond Luxury Cotton Ltd.
• Welspun India Ltd.
• General Motors India Pvt. Ltd.
• Exide Industries Ltd.
• Dharamsi Morarji Chemical Co. Ltd.

Areas of Expertise

The newly appointed CHRO possesses comprehensive expertise across multiple HR domains:

• Industrial relations and plant HR management
• Union negotiations and wage settlements
• Statutory compliance and workforce management
• HR policy development and implementation
• Leadership development initiatives
• HR transformation programs

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Mr. Mandape is not related to any of the Directors of the Company, ensuring independence in his role as Key Managerial Personnel.

Autoline Industries has officially disclosed to stock exchanges regarding a substantial shareholding reduction by IndiaNivesh Renaissance Fund under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company filed the disclosure on February 23, 2026, with both BSE and NSE, providing complete details of the transaction executed through in-specie distribution.

Official Company Disclosure

Company Secretary and Compliance Officer Pranvesh Tripathi submitted the formal disclosure to both exchanges, confirming receipt of intimation from IndiaNivesh Renaissance Fund regarding changes in shareholding due to in-specie distribution as per SEBI (Alternative Investment Funds) Regulations, 2012. The disclosure was digitally signed and filed from Pune on February 23, 2026.

Transaction Details

The shareholding change was executed on February 18, 2026, with IndiaNivesh Renaissance Fund, which is not part of the promoter group, significantly reducing its position in the company. The fund disposed of 40,58,743 shares representing 8.95% of the total equity through the in-specie distribution mechanism.

Shareholding Structure Analysis

The disclosure reveals that IndiaNivesh Renaissance Fund maintained no encumbered shares, voting rights other than shares, or convertible securities before or after the transaction. The fund's holding was purely in equity shares carrying voting rights, with the disposal executed entirely through the in-specie distribution route.

Company Capital Information

Autoline Industries' equity share capital remained unchanged at 4,53,75,401 shares throughout the transaction period. The company confirmed no diluted share capital exists, with total voting capital matching the equity share capital both before and after the transaction.

Regulatory Compliance

The transaction was completed in full compliance with SEBI regulations, with the formal disclosure signed by Siddarth Razdan on February 20, 2026, in Mumbai. The in-specie distribution method used for the disposal aligns with SEBI (Alternative Investment Funds) Regulations, 2012, ensuring proper regulatory adherence and transparency in the substantial shareholding change.