Disa India's parent company, Norican Group, has announced a strategic corporate rebranding initiative that will see the adoption of a unified global identity under the name 'Norican'.

Corporate Rebranding Initiative

The Norican Group has decided to streamline its global operations under the simplified 'Norican' brand name. This strategic move represents a significant step in the company's efforts to create a more cohesive and unified corporate identity across all its international operations.

Strategic Implications

The adoption of the 'Norican' name is designed to simplify the company's brand architecture and create a more streamlined approach to its global market presence. This rebranding effort reflects the organization's commitment to presenting a unified face to customers, partners, and stakeholders worldwide.

The move to a single, consolidated brand identity is expected to enhance brand recognition and operational efficiency across the company's various business segments and geographical markets. By eliminating complexity in its naming structure, Norican aims to strengthen its position in the global marketplace.

Impact on Operations

This rebranding initiative will affect all aspects of the company's global operations, from marketing materials and corporate communications to customer-facing documentation and digital presence. The transition to the 'Norican' identity represents a comprehensive organizational change that will be implemented across all international markets where the company operates.

DISA India Limited has announced the appointment of Mr. Muralidharan Angadu Mohanakrishnan as Additional Non-Executive Independent Director, marking a significant addition to the company's board leadership. The appointment was approved by the Board of Directors on January 21, 2026, following recommendations from the Nomination and Remuneration Committee.

Appointment Details and Timeline

The board meeting, which commenced at 7:45 PM IST and concluded at 8:00 PM IST on January 21, 2026, formalized Mr. Mohanakrishnan's appointment with the following key parameters:

Professional Background and Experience

Mr. Muralidharan Angadu Mohanakrishnan brings extensive industry expertise to DISA India Limited's board. His professional credentials include over 35 years of global experience in the construction equipment industry, positioning him as a valuable addition to the company's strategic leadership.

His career highlights encompass several senior leadership roles within the Volvo Group ecosystem:

• Managing Director and Head of Productivity Services Asia at Volvo Group Singapore
• Chairman of Country Management at Volvo Group Singapore
• President of Volvo Construction Equipment India
• Head of Commercial, Marketing, and Strategy roles across multiple regions

Leadership Accomplishments

Throughout his career, Mr. Mohanakrishnan has demonstrated significant operational and strategic capabilities. He has successfully led large, multicultural teams and managed multi-country profit and loss responsibilities. His experience includes establishing new business models, developing comprehensive dealer networks, and overseeing manufacturing operations with up to 4,000 employees.

After 27 years with Volvo Construction Equipment, he retired from full-time work in December 2024. Currently, he serves as a consultant with the Indian Foundation for Quality Management, continuing his contribution to the industry.

Regulatory Compliance and Board Independence

DISA India Limited has confirmed that Mr. Mohanakrishnan meets all regulatory requirements for the independent director position. The company has verified that he is not debarred from holding directorial office by SEBI or any other regulatory authority, ensuring compliance with applicable regulations.

Regarding board independence, the company has disclosed that none of the existing directors are inter-se related to Mr. Mohanakrishnan, maintaining the board's independence structure and governance standards.

Strategic Implications

The appointment aligns with DISA India Limited's commitment to strengthening its board composition with experienced industry professionals. Mr. Mohanakrishnan's extensive background in construction equipment, combined with his international experience and operational expertise, is expected to contribute valuable insights to the company's strategic direction and governance processes.