i Power Solutions redesignates Venugopalan Parandhaman to non-executive director

0 min read | Published on 28 Aug 2026, 06:05 PM |Updated on 28 Aug 2026, 06:05 PM

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Key Highlights

Venugopalan Parandhaman redesignated from executive to non-executive director
41st AGM scheduled for September 28, 2026, via video conference
Book closure dates set from September 22 to September 28, 2026
CDSL appointed as e-voting intermediary; Lakshmi Subramanian & Associates as scrutinizer

*this image is generated using AI for illustrative purposes only.

i Power Solutions India Limited redesigned Venugopalan Parandhaman from executive director to non-executive director. The company’s Board of Directors approved the change during a meeting held on August 28, 2026.

The board also approved the notice for the 41st Annual General Meeting (AGM), scheduled for September 28, 2026. The meeting will be conducted via video conference starting at 11:30 am.

Governance and Corporate Actions

The Board approved the Annual Report for the fiscal year, including the Director’s Report and the Secretarial Audit Report. The book closure period is set from September 22, 2026, to September 28, 2026.

Voting Arrangements

The company appointed Central Depository Services Limited (CDSL) as the intermediary for e-voting at the ensuing AGM. M/S Lakshmi Subramanian & Associates was appointed as the scrutinizer for the e-voting process.

Director Redesignation

Venugopalan Parandhaman, bearing DIN 00323551, was redesignated from the position of Executive Director to Non-executive Director. This change takes effect as per the board resolution passed on August 28, 2026.

What strategic rationale is driving the shift of Venugopalan Parandhaman from an executive to a non-executive role, and how will this impact day-to-day operational leadership?

How might this governance restructuring influence investor confidence and the company's stock performance leading up to the September 28 AGM?

Are there indications that i Power Solutions India Limited is preparing for broader boardroom changes or a succession plan beyond this single redesignation?