Amara Raja Energy & Mobility Limited's board of directors addressed a regulatory compliance issue during their meeting held on February 11, 2026, reviewing a fine levied by the National Stock Exchange of India Limited for delayed XBRL filing compliance.

Fine Details and Compliance Issue

The National Stock Exchange imposed a fine on the company for non-compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The specific violation pertained to Regulation 23(9) regarding Related Party Transactions XBRL filing for the quarter ended September 30, 2025.

Company's Explanation and Response

The company filed the Related Party Transactions XBRL as part of the Integrated Financials XBRL with BSE within the stipulated timeline on November 6, 2025, coinciding with the Board Meeting date. However, due to an inadvertent oversight, the company assumed that the filing was API-integrated and that submission to one Stock Exchange would satisfy compliance requirements for both exchanges.

Upon realizing the error, Amara Raja Energy & Mobility promptly filed the requisite XBRL with NSE on November 7, 2025, resulting in a one-day delay. The company has paid the stipulated fine and submitted a waiver application explaining the bona fide nature of the delay, emphasizing no intent to deviate from the applicable regulatory framework.

Regulatory Update and Board Actions

The NSE subsequently informed via email dated January 2, 2026, about the extension of a single filing system for Integrated filing (financials) XBRL, meaning filing on one stock exchange will suffice going forward. This development validates the company's initial assumption, though it came after the compliance deadline.

The board acknowledged that the delay was unintentional and resulted from inadvertent oversight. In response, the board has advised strengthening internal compliance monitoring and review mechanisms to prevent recurrence of such issues.

Compliance Commitment

Amara Raja Energy & Mobility reaffirmed its continued commitment to comply with all applicable laws and regulatory requirements in letter and spirit. The company confirmed that necessary measures have been undertaken to further strengthen its compliance processes, demonstrating proactive steps toward enhanced regulatory adherence.

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.