Amara Raja Energy & Mobility Limited has announced a significant leadership change with the appointment of Mr. Narayan Sudhakar Choudhary as Chief Operations Officer, effective January 19, 2026. The appointment was communicated to stock exchanges in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Leadership Transition Details

The appointment represents a planned succession as Mr. Choudhary will assume responsibilities from the current Chief Operations Officer, Mr. C. Narasimhulu Naidu, who is set to superannuate in the next couple of months. The company has structured this transition to ensure seamless handover of operational responsibilities.

Professional Background and Expertise

Mr. Choudhary brings extensive experience in operations leadership, P&L management, manufacturing excellence, and large-scale transformation across automotive and industrial sectors. His career spans leadership of greenfield projects, multi-location operations, supply chain and quality systems, and engineering-led businesses.

His professional journey began with Wipro Lighting, followed by operational experience at Tube Investments of India and Mahindra Hinoday. He subsequently held progressive leadership roles with several prominent organizations:

• Honeywell Turbo Technologies
• Tata Toyo Radiator
• Plastic Omnium
• Autoliv
• Taco Punch Powertrain (most recent role)

Educational Qualifications and Technical Capabilities

Mr. Choudhary holds strong academic credentials with a bachelor's degree in mechanical engineering and a master's degree in management sciences. His technical expertise encompasses advanced operational methodologies including:

• Lean manufacturing practices
• Total Productive Maintenance (TPM)
• Six Sigma quality management
• Industry 4.00 implementation

Regulatory Compliance

The appointment disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided comprehensive details as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, ensuring full regulatory compliance.

The leadership transition reflects Amara Raja Energy & Mobility Limited's commitment to maintaining operational continuity while bringing fresh expertise to drive manufacturing excellence and business transformation initiatives.

Amara Raja Energy & Mobility Limited has received another significant tax development as the Commissioner of Central Tax, Appeals-II, Delhi upheld an original GST order worth ₹22.06 crores. The appellate order dated January 14, 2026, was received by the company on January 17, 2026, adding to the company's ongoing tax challenges across multiple states.

Delhi GST Appellate Order Details

The Commissioner of Central Tax, Appeals-II, Delhi has upheld the original order passed by the Additional Commissioner, Delhi South on January 28, 2025, under Section 107 of the CGST/DGST Act, 2017.

The violations include excess Input Tax Credit (ITC) availed and utilized in GSTR-3B over GSTR-2A, supply of goods covered under warranty period, claiming ITC from non-filers of GSTR-3B, and payment of interest as per rule 37 for 180 days reversal.

Previous Tax Orders Across States

This latest development adds to the company's existing tax orders from other states, bringing the total exposure to significant amounts across multiple jurisdictions.

Rajasthan GST Order

The Deputy Commissioner, Circle-A, Jaipur-III, Rajasthan, had issued Order No. ZD0812250933186 under Section 74 and 122 of the CGST/RGST Act, 2017.

Andhra Pradesh Income Tax Order

The Deputy Commissioner of Income Tax, Circle-1(1), Tirupati issued an order under Section 143(1) of the Income Tax Act, 1961.

Tamil Nadu GST Penalty

The Deputy Commercial Tax Officer, Erode, Tamil Nadu issued a penalty order worth ₹28,43,770 for goods movement violations.

Consolidated Tax Exposure

Company's Response Strategy

Amara Raja Energy & Mobility has indicated it will file an appeal before the GST Tribunal once formed, by paying the required pre-deposit. The company maintains that there is no material impact on its financial, operational, or other activities. The liability pertaining to the original Delhi order has already been disclosed in the financial statements under 'Contingent Liability'.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Vice President-Legal Vikas Sabharwal signed the regulatory filing submitted to both NSE and BSE on January 19, 2026.