Voltas Limited has announced the appointment of Mr. Sunil Alaric D'Souza as an Additional Director (Non-Independent Non-Executive) on its Board, effective 14th May, 2026. The appointment was approved by the Board of Directors at its meeting held on the same date, based on the recommendation of the Nomination and Remuneration Committee, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. D'Souza will hold office up to the conclusion of the next Annual General Meeting.

Appointment Details

The key details of the appointment, as disclosed under Regulation 30 of the SEBI Listing Regulations, are summarised below:

Profile of Mr. Sunil Alaric D'Souza

Mr. Sunil Alaric D'Souza brings over 33 years of extensive experience in the consumer products sector, with a strong emphasis on strategy, growth, and execution. He has been serving as the Managing Director & Chief Executive Officer of Tata Consumer Products Limited (TCPL) since April 2020. Prior to this role, he served as Managing Director at Whirlpool India Limited for over four years, where he made a significant contribution in transforming the Whirlpool business in India.

Before his tenure at Whirlpool India Limited, Mr. D'Souza spent almost 15 years at PepsiCo, where he held various leadership positions managing the commercial aspects of the company's food and beverage portfolio and steering the business across a large cluster of Asian countries. He began his career with Hindustan Unilever in 1993.

Board and Educational Background

In addition to his role at Tata Consumer Products Limited, Mr. D'Souza serves on the boards of several organisations. His current board memberships include:

• Tata Starbucks Limited
• Tata Digital Private Limited
• Capital Foods Private Limited
• Organic India Private Limited
• Several of Tata Consumer Products' overseas subsidiaries

Mr. D'Souza holds a degree in engineering from the University of Madras and is an alumnus of the Indian Institute of Management, Calcutta (IIM-C). The Board meeting at which this appointment was approved commenced at 11.30 a.m. and concluded at 4.45 p.m. on 14th May, 2026.

Voltas Limited, a Tata Enterprise, has received a penalty order of ₹20.07 Lakhs from the Office of the Deputy Commissioner of State Tax, Enforcement, Division-7, Surat, Gujarat. The order was received on 12 May 2026 at 9.51 a.m. and was passed under Section 129(1)(a) of the Gujarat Goods and Services Tax Act, 2017, read with relevant provisions of the Central Goods and Services Tax Act, 2017, the Integrated Goods and Services Tax Act, 2017, and the Goods and Services (Compensation To States) Act, 2017. The penalty pertains to an incorrect declaration of vehicle type in an E-Way Bill.

Details of the Penalty Order

The company disclosed the penalty pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarises the key details of the order as disclosed in the regulatory filing:

Company's Response and Financial Impact

Voltas has stated that it is in the process of filing an appeal against the said order. The company has also confirmed that the penalty carries no material impact on its financials, operations, or other activities. The disclosure was made in accordance with applicable SEBI Listing Regulations and the relevant SEBI Circular, with the filing signed by Ratnesh Rukhariyar, Company Secretary & Compliance Officer.