Havells India Limited announced the retirement of Ramesh Viswanathan, Executive Vice President of the company, due to superannuation. The change in senior management was intimated to the stock exchanges on May 29, 2026. The company disclosed the details in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The cessation of Mr. Viswanathan's tenure was effective immediately on May 29, 2026. The filing submitted to the National Stock Exchange of India Ltd and BSE Limited confirmed the reason for the change as superannuation. No further details regarding a replacement or additional profile information were provided as the disclosure pertained to a retirement event.

The notification was signed by Sanjay Kumar Gupta, Company Secretary of Havells India Limited. The intimation was made to fulfill the regulatory requirements concerning changes in key managerial personnel.

Details of Change in Management

The following table outlines the key details of the management change disclosed by the company:

Havells India Limited has published the notice for its 43rd Annual General Meeting (AGM) in newspapers, including the Economic Times and Jansatta, on May 21, 2026. The publication follows the completion of dispatching the Notice of the AGM along with the Integrated Annual Report for the Financial Year 2025-26. The meeting is scheduled to be held on June 19, 2026, at 2:00 p.m. through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Registered Office of the Company at Surya Kiran Building, Connaught Place, New Delhi, will be considered the venue for the meeting.

Key Financial Highlights for FY 2025-26

The Company's standalone financial performance for FY 2025-26 reflects the following key metrics:

Havells India revenue grew 3.3% in FY 2025-26 over the previous year. The profit before tax was at ₹2,226 crores in FY 2025-26 as compared to ₹2,009 crores in FY 2024-25. The Company maintained a zero-debt position and strong cash flow generation. CARE Ratings reaffirmed CARE AAA for long-term facilities and CARE A1+ for short-term facilities.

Dividend and AGM Key Parameters

The Board of Directors, at its meeting held on April 22, 2026, recommended a final dividend of ₹6.00 per equity share of ₹1/- each for FY 2025-26, subject to shareholder approval at the AGM. An interim dividend of ₹4.00 per equity share was already paid during the year.

Remote E-Voting and Shareholder Participation

The Company has provided a facility for remote e-voting by electronic means. Members holding shares in physical or dematerialized form as on the cut-off date of June 12, 2026, may cast their vote electronically. The remote e-voting period commences on June 16, 2026, at 8:30 am and ends on June 18, 2026, at 5:00 pm. The Board has appointed Ms. Balika Sharma, Practicing Company Secretary, as the Scrutinizer for conducting the voting in a fair and transparent manner. Shareholders may register themselves as speakers for the AGM by sending a request from their registered email address to investors@havells.com latest by 5:00 pm on June 12, 2026.