E2E Networks appoints Anand Ganapathy as Chief Revenue Officer

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Reviewed by
Naman SScanX News Team
Key Highlights
  • E2E Networks appointed Anand Ganapathy as Chief Revenue Officer effective September 24, 2026
  • Ganapathy brings over 27 years of experience from IBM, Dell Technologies, and VMware
  • He previously led IBM India's Enterprise AI and Hybrid Cloud business
  • Appointment approved by the Board based on Nomination and Remuneration Committee recommendation
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E2E Networks has appointed Anand Ganapathy as its Chief Revenue Officer (CRO) and member of the Senior Management Personnel (SMP), effective September 24, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.

Leadership appointment details

The appointment brings in a professional with prior experience at IBM, Dell Technologies, and VMware. Ganapathy is set to join E2E Networks in a senior leadership capacity, heading revenue functions for the company. The role is effective immediately from the date of the board resolution.

Appointment detail Information
Name Anand Ganapathy
Designation Chief Revenue Officer
Effective date September 24, 2026
Prior employers IBM, Dell Technologies, VMware

Professional background

Anand Ganapathy holds an MBA from Xavier Institute of Management, Bhubaneswar, and brings over 27 years of experience in enterprise technology sales, business development, and revenue leadership. His career includes senior leadership positions with IBM, Dell Technologies, and VMware, with extensive experience across enterprise infrastructure, cloud, managed services, software, SaaS, and AI solutions.

Most recently, as Director, Technology Sales at IBM, he led IBM India's Enterprise AI, Hybrid Cloud, and Automation Software business. In this capacity, he managed large enterprise portfolios across BFSI, manufacturing, telecom, and Global Capability Centres (GCCs).

Strategic expertise

Ganapathy has extensive experience in CXO-level engagement, go-to-market strategy, strategic partnerships, revenue growth, and enterprise technology adoption. He has also led competitive displacement initiatives, subscription-led growth, renewals, and expansion across large enterprise accounts. His background includes building partner and hyperscaler ecosystems.

Regulatory disclosure

The intimation regarding the appointment was submitted to the National Stock Exchange of India Ltd. (NSE) and BSE Limited under Regulation 30 of the SEBI Listing Regulations. The company confirmed that Mr. Anand Ganapathy is not related to any director of the company.

Historical Stock Returns for E2E Networks

1 Day5 Days1 Month6 Months1 Year5 Years
+2.26%+8.30%+4.49%+200.39%+93.81%0.0%

How might Ganapathy's background in hyperscaler ecosystems influence E2E Networks' partnerships with major cloud providers?

What specific revenue growth targets or market share goals has the board set for the new CRO to achieve in the next fiscal year?

Will the appointment signal a strategic pivot toward AI and hybrid cloud solutions within E2E Networks' core service offerings?

E2E Networks sets Sept 28 AGM for ₹1,500 cr fundraise, pay hikes

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Reviewed by
Riya DScanX News Team
Key Highlights
  • E2E Networks schedules 17th AGM for September 28, 2026, to approve ₹1,500 crore fundraise
  • Director remuneration ceilings revised, with MD Tarun Dua's cap doubled to ₹2.50 crore per annum
  • Borrowing limits proposed to double from ₹5,000 crore to ₹10,000 crore with asset mortgage approval
  • Co-location agreement transaction limit with Larsen & Toubro increased to ₹100 crore annually
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E2E Networks has scheduled its 17th Annual General Meeting for September 28, 2026, seeking shareholder approval for a ₹1,500 crore fundraise, significant director remuneration hikes, and a doubling of borrowing limits to ₹10,000 crore.

Board approval for fundraise

The board approved raising up to ₹1,500 crore through equity shares or other eligible securities via qualified institutions placement (QIP), rights issue, follow-on public offering (FPO), or other mechanisms. The previous enabling resolution passed in October 2025 has expired, necessitating this fresh approval to support capital expenditure, debt repayment, working capital, and acquisitions.

Parameter Details
Fundraise amount Up to ₹1,500 crore
Approving authority Board of Directors
Potential instruments Equity shares, other eligible securities
Possible modes QIP, Rights, FPO, other mechanisms

Annual General Meeting details

The 17th AGM will be held on Monday, September 28, 2026, at 11:30 am through Video Conferencing or Other Audio Visual Means (VC/OAVM). Remote e-voting is available from Friday, September 25, 2026, at 9:00 am to Sunday, September 27, 2026, at 5:00 pm. Voting rights are based on shareholding as of the cut-off date, Monday, September 21, 2026.

Director remuneration revisions

Shareholders will vote on special resolutions to revise the remuneration of key managerial personnel, effective September 1, 2026, to March 31, 2029:

  • Mr. Tarun Dua (Managing Director): Remuneration ceiling doubled from ₹1.25 crore to ₹2.50 crore per annum.
  • Ms. Srishti Baweja (Whole Time Director): Remuneration increased from ₹1.25 crore to ₹1.50 crore per annum.
  • Ms. Megha Raheja (Whole Time Director): Remuneration term modified at ₹70 lakh per annum.

Additionally, the company seeks approval to waive the recovery of excess managerial remuneration aggregating ₹3.19 crore paid in FY26. This waiver is due to the absence of profits in FY26, primarily attributed to substantial non-cash depreciation charges despite operational revenues.

Borrowing powers and asset mortgage

The company proposes increasing its borrowing limit from ₹5,000 crore to ₹10,000 crore over and above paid-up capital and free reserves. Correspondingly, shareholders will be asked to approve the creation of mortgages, charges, or hypothecation on company assets to secure loans up to the same ₹10,000 crore limit.

Related party transaction with L&T

A material modification to the existing co-location agreement with Larsen & Toubro Limited (L&T) is being sought. The annual transaction limit under the co-location agreement will increase from ₹30 crore to ₹100 crore. No modifications are proposed for the existing reseller or software licence agreements with L&T.

Electronic dispatch of AGM notice

The AGM notice and Annual Report for FY26 will be dispatched electronically only to shareholders with registered email addresses as of August 28, 2026. Shareholders without registered emails have been requested to update their details via newspaper advertisements published on September 1, 2026. The company also reminded physical security holders to update KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024.

Historical Stock Returns for E2E Networks

1 Day5 Days1 Month6 Months1 Year5 Years
+2.26%+8.30%+4.49%+200.39%+93.81%0.0%

How will the proposed ₹1,500 crore fundraise impact E2E Networks' current equity structure and potential dilution for existing shareholders?

What specific strategic acquisitions or capital expenditure projects is E2E Networks targeting with the newly approved ₹10,000 crore borrowing limit?

Given the FY26 absence of profits, how does the board justify the significant remuneration hikes for key managerial personnel to investors?

More News on E2E Networks

1 Year Returns:+93.81%