Olectra greentech Limited has announced the appointment of Mr. Rajesh Sharma as Vice President-Sales, Marketing & Communications for its Mobility Division, effective March 20, 2026. The appointment has been made under the Senior Management Personnel category as per SEBI regulations.

Appointment Details

The company has informed stock exchanges about this key appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment is effective from March 20, 2026, and covers the Mobility Division's sales, marketing, and communications functions.

Professional Background

Mr. Rajesh Sharma brings extensive experience to his new role, with over three decades in the automotive and engineering sectors. His recent focus has been particularly strong in the Electric Vehicle industry, where he has accumulated more than 7 years of specialized experience.

Sharma has held senior leadership positions across several prominent organizations in the EV and automotive space:

• QUCEV Technology Private Limited
• Switch Mobility Automotive Limited
• Pinnacle Industries Limited
• Neuton Auto

Throughout his career, he has consistently driven sales and marketing strategies for electric trucks, buses, and light commercial vehicles, making him well-suited for Olectra Greentech's mobility division.

Educational Qualifications

Mr. Sharma holds strong academic credentials that complement his professional experience:

Regulatory Compliance

The appointment has been made in compliance with SEBI regulations, specifically under Regulation 30 read with clause 7 of Para A of Part A to Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also adhered to the requirements outlined in SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The appointment reflects Olectra Greentech's continued focus on strengthening its leadership team in the electric vehicle segment, particularly in sales and marketing functions that are crucial for the company's growth in the mobility sector.

Olectra Greentech Limited has issued a clarification to BSE Limited regarding the significant increase in trading volume of its shares, responding to an exchange inquiry dated March 19, 2026.

BSE Inquiry and Company Response

The BSE had sought clarification from the company regarding the notable surge in share volume through reference number L/SURV/ONL/PV/SG/2025-2026/985. In its formal response submitted on March 20, 2026, Olectra Greentech addressed the exchange's concerns comprehensively.

Key Clarifications Provided

The company made several important clarifications in its response to the stock exchange:

• All company information is currently in the public domain
• No pending price-sensitive information awaits disclosure
• No announcements are pending under Regulation 30 of SEBI Listing Regulations
• The volume increase is attributed to market-driven factors

Regulatory Compliance Statement

Olectra Greentech emphasized its commitment to regulatory compliance, stating that the company has made and will continue to make all necessary disclosures in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The response was signed by P. Hanuman Prasad, Vice President-Company Secretary & Legal, who digitally signed the document on March 20, 2026, at 10:30:30 +05'30'. The company requested BSE to take the clarification on record and proceed with necessary actions.