High Energy Batteries (India) Limited has announced significant changes to its board of directors and subsequent reconstitution of various board committees, both effective April 1, 2026. The company communicated these changes to BSE Limited through formal intimations under Regulation 30 of SEBI (LODR) Regulations, 2015.

Director Cessation Details

Mrs. Lalitha Lakshmanan will complete her tenure as Independent Director on March 31, 2026, marking the end of her second consecutive five-year term with the company. Her directorship cessation follows the completion of two terms of five consecutive years each, in accordance with regulatory requirements.

New Director Appointments

Following the postal ballot process, the company has made multiple key appointments to strengthen its board composition. Mrs. Jayashree Ajit Shankar has been appointed as the new Woman Independent Director, while Dr. G A Pathanjali has been re-appointed as Managing Director, and Mr. C V Ramana has joined as Nominee Director.

Professional Background

Mrs. Jayashree Ajit Shankar brings over three decades of professional experience spanning varied areas, with particular expertise in insurance sector operations, personnel management, and corporate strategies development. The company has confirmed that Mrs. Shankar is not related to any existing directors and is not debarred from holding directorship by any regulatory authority.

Board Committee Reconstitution

The Board of Directors approved the reconstitution of all major committees in its meeting held on March 28, 2026, effective April 1, 2026. The company formally communicated this reconstitution to BSE Limited under reference SECY/2025-26/163, following the postal ballot results submitted on March 24, 2026.

Audit Committee

Nomination and Remuneration Committee

Stakeholders Relationship Committee

Corporate Social Responsibility Committee

Regulatory Compliance

The board changes and committee reconstitution follow a comprehensive postal ballot process completed on March 24, 2026. The appointments include the re-appointment of Dr. G A Pathanjali as Managing Director from April 1, 2026, appointment of Mr. C V Ramana as Nominee Director from January 31, 2026, and appointment of Mrs. Jayashree Ajit Shankar as Woman Independent Director from April 1, 2026. All appointments and committee structures comply with SEBI (LODR) Regulations, 2015, and relevant regulatory requirements for board composition.

High Energy Batteries (India) Limited has officially announced changes in its directorate following the successful completion of postal ballot voting on March 24, 2026. The company filed regulatory disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015, confirming shareholder approval for key board appointments and re-appointments with overwhelming support of 99.99% across all resolutions.

Regulatory Filing and Compliance

The company submitted its official communication to BSE Limited on March 24, 2026, under reference SECY/2025-26/156, detailing the completion of the postal ballot process. Company Secretary & Compliance Officer V. Anantha Subramanian signed the regulatory filing, confirming compliance with SEBI circular SEBI/HO/49/14/14(7)2025-CFD-POD2/3762/2026 dated January 30, 2026.

Board Appointments and Re-appointments

The postal ballot covered three critical resolutions, all receiving exceptional shareholder support. The voting process was conducted exclusively through remote e-voting facilities provided by Central Depository Services (India) Ltd (CDSL) from February 22 to March 23, 2026.

Managing Director Re-appointment

Dr. G A Pathanjali (DIN: 05297665) was re-appointed as Managing Director through a special resolution for a three-year term from April 01, 2026 to March 31, 2029. The 66-year-old Chemical Engineer from Annamalai University holds M.Tech from IIT Kanpur and Ph.D from IIT Mumbai, bringing over four decades of experience in battery technology development.

Nominee Director Appointment

Mr. C V Ramana (DIN: 11517220) was appointed as Nominee Director through an ordinary resolution, representing Life Insurance Corporation of India (LIC). The 59-year-old M.Sc (Soil Physics) graduate currently serves as Executive Director (NB & R/HINS) at LIC and took office on January 31, 2026, replacing Mr. N P Sinha.

Woman Independent Director Appointment

Mrs. Jayashree Ajit Shankar (DIN: 08397093) was appointed as Woman Independent Director through a special resolution for a five-year term from April 01, 2026 to March 31, 2031. The 66-year-old M.Sc (Statistics) graduate brings over three decades of experience in insurance, personnel management, and corporate strategies.

Voting Results and Shareholder Participation

The postal ballot demonstrated exceptional shareholder confidence with participation from 22,699 shareholders holding 89,63,840 outstanding shares as of the February 13, 2026 cut-off date. A.S. Kalyanaraman, Practicing Chartered Accountant, served as the appointed scrutinizer, confirming fair and transparent voting procedures.

The successful completion of this postal ballot process strengthens High Energy Batteries' board composition and demonstrates strong shareholder confidence in the company's leadership transition and governance structure. All appointed directors have been confirmed as not debarred by any SEBI order or regulatory authority, ensuring compliance with corporate governance requirements.