Endurance Technologies Limited's Board of Directors held a comprehensive meeting on April 16, 2026, addressing crucial leadership appointments that will shape the company's strategic direction. The board session, which commenced at 11:15 a.m. and concluded at 7:12 p.m., resulted in two significant decisions regarding key personnel appointments under Regulation 30 of the SEBI Listing Regulations.

Independent Director Re-appointment

The board approved the re-appointment of Mr. Anant Talaulicar as an Independent Director for a second term of five consecutive years, effective from July 12, 2026. This appointment remains subject to approval by the company's members through a postal ballot process.

Mr. Talaulicar brings nearly four decades of leadership experience from the Cummins Group, having served in various capacities across the United States and India. He holds Master's degrees in Mechanical Engineering from the University of Michigan and Business Administration from Tulane University, Louisiana, along with a Bachelor's degree in Mechanical Engineering from Mysore University.

His distinguished career includes 16 years in the USA across multiple roles including financial analyst, manufacturing engineer, project manager, product manager, and strategy manager. Upon returning to India in March 2003, he served as Joint Managing Director of Cummins India Limited and later held positions as Chairman & Managing Director of Cummins Group in India and President of Cummins Inc. Components Group.

Senior Management Personnel Appointment

The board simultaneously appointed Mr. Ashish Nainawatee, the company's Chief Strategy Officer, as a Senior Management Personnel with immediate effect from April 16, 2026.

Mr. Nainawatee possesses comprehensive qualifications including completion of the Senior Management Program from the Indian Institute of Management, Calcutta, and a Bachelor's degree in Mechanical Engineering from the National Institute of Technology, Surathkal. He also holds certifications in Global Organisation Development for Change Leaders from NTL, USA, and as a certified People Manager from Great Place to Work Institute.

With approximately 27 years of diversified experience spanning corporate strategy, sales, business development, engineering, and organisational transformation, Mr. Nainawatee previously worked with Bosch for 26 years. His final role at Bosch was Vice President – Mobility Aftermarket, with the last two years based in Germany, and prior experience as Head – Corporate Strategy and Business Development.

Regulatory Compliance and Next Steps

The company has confirmed that Mr. Talaulicar is not debarred from holding the office of Director by virtue of any order passed by SEBI or other regulatory authorities. The notice of postal ballot for seeking member approval, along with requisite details, will be communicated in due course.

Both appointments reflect the company's commitment to strengthening its leadership structure with experienced professionals who bring substantial industry expertise and strategic vision to drive future growth initiatives. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, deemed it appropriate to include Mr. Nainawatee as Senior Management Personnel considering his critical role in the organization.

Endurance Technologies has informed stock exchanges about a senior management change, announcing the resignation of Mr. Prabhas Chandra Dash from his position as Head-Aftermarket. The automotive component manufacturer disclosed this development through a regulatory filing dated April 2, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Mr. Prabhas Chandra Dash tendered his resignation to pursue personal goals and aspirations, as stated in the company's official communication to BSE and NSE. The resignation became effective from the close of business hours on April 1, 2026.

Resignation Process

According to the resignation letter dated December 31, 2025, Mr. Dash had discussed his plans with the Managing Director and expressed his intention to take a break from Endurance Technologies Limited. In his resignation letter, he mentioned his desire to pursue independent work opportunities and thanked the Board of Directors and senior colleagues for their support during his tenure.

The company has provided the required disclosures under Regulation 30 of SEBI Listing Regulations, including the reason for change and date of cessation. The resignation letter and regulatory disclosures were signed by Company Secretary Sunil Lalai on April 2, 2026.

Regulatory Compliance

Endurance Technologies has fulfilled all disclosure requirements as mandated by SEBI Master Circular and Listing Regulations. The company submitted comprehensive details including the reason for resignation and effective date of cessation to both BSE and NSE, ensuring transparency for stakeholders and investors.