News Stocks Crompton Greaves Consumer Electricals Reappoints P R Ramesh as Independent Director for Second TermCrompton Greaves Consumer Electricals Reappoints P R Ramesh as Independent Director for Second Term
Crompton Greaves Consumer Electricals Limited's board approved the re-appointment of Mr. P R Ramesh as Non-Executive Independent Director for a second term from May 21, 2026 to January 16, 2030, subject to shareholder approval. The decision was made during a board meeting on February 06, 2026, based on the Nomination & Remuneration Committee's recommendation. Mr. Ramesh, a Fellow Chartered Accountant with over 40 years of experience and former Deloitte director, currently serves on multiple reputed company boards and brings extensive expertise in corporate governance to his continued role.
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Crompton Greaves Consumer Electricals Limited has announced the re-appointment of Mr. P R Ramesh as Non-Executive Independent Director for a second consecutive term. The decision was approved during a board meeting held on February 06, 2026, following recommendations from the company's Nomination & Remuneration Committee.
Board Approval and Appointment Details
The board's decision to reappoint Mr. Ramesh reflects confidence in his continued contribution to the company's governance. The appointment details are structured as follows:
| Parameter: | Details |
|---|---|
| Director Name: | Mr. P R Ramesh |
| DIN: | 01915274 |
| Position: | Non-Executive Independent Director |
| Term Duration: | May 21, 2026 to January 16, 2030 |
| Rotation Liability: | Not liable to retire by rotation |
| Approval Required: | Subject to shareholder approval |
Director Profile and Experience
Mr. P R Ramesh brings extensive professional experience to the board. He graduated in Commerce from Osmania University, Hyderabad, and is a Fellow Member of the Institute of Chartered Accountants of India. His distinguished career includes serving as Director of Deloitte & Touche Assurance & Enterprise Risk Services India Private Limited until March 31, 2020.
His professional achievements include:
- Over 40 years of experience across multiple sectors
- Former member of Deloitte Global Board and Deloitte Asia Pacific Board
- Experience in manufacturing, banking, financial services, technology, media, telecommunications, energy, and consumer business sectors
- Former President of the Bombay Chamber of Commerce & Industry
Current Board Positions
Mr. Ramesh currently serves on the boards of several reputed companies, demonstrating his expertise in corporate governance:
- Nestle India Limited
- Larsen and Turbo Limited
- Cipla Limited
- Tejas Networks Limited
- Air India Limited
- Air India Express Limited
- ITC Hotels Limited
- Cyient Limited
- L&T Realty Properties Limited
Regulatory Compliance
The appointment complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Ramesh is not debarred from holding the office of director by virtue of any SEBI order or any other authority, as required under BSE and NSE circulars dated June 20, 2018.
The disclosure also confirms that Mr. Ramesh has no relationships with other directors of the company, maintaining the independence required for his role. Company Secretary & Compliance Officer Rashmi Khandelwal signed the regulatory filing, ensuring proper documentation of the board's decision.
Historical Stock Returns for Crompton Greaves
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.65% | +10.52% | -5.67% | -24.20% | -33.23% | -40.24% |
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