High Energy Batteries (India) Limited has announced key changes to its board of directors following recommendations from the Nomination and Remuneration Committee. The board meeting, held on 31st January, 2026, approved significant appointments that will shape the company's leadership structure.

Managing Director Reappointment

The board has approved the reappointment of Dr. G A Pathanjali as Managing Director for an extended term. The appointment details are structured as follows:

Dr. Pathanjali, aged 66 years, brings extensive experience to the role. He holds qualifications as a Chemical Engineer from Annamalai University, M.Tech from IIT Kanpur, and completed his Ph.D in 1995 from IIT Mumbai. With over four decades of experience in the company, he has been involved in design and development activities for Silver Chloride Magnesium, Silver Oxide Zinc, and Nickel Cadmium batteries for defence and other applications.

New Nominee Director Appointment

The board has appointed Mr. C V Ramana as Nominee Director, replacing Mr. N P Sinha with immediate effect from 31st January, 2026. The appointment details include:

Regulatory Compliance and Documentation

The company filed a revised intimation with BSE under Regulation 30 of SEBI (LODR) Regulations, 2015, to update Mr. Ramana's Director Identification Number. The DIN (11517220) was allocated by MCA on 31st January, 2026, causing a delay in the initial submission. The board meeting commenced at 03:30 PM and concluded at 06:30 PM on 31st January, 2026.

Both directors have been confirmed as not being debarred from holding directorial positions by SEBI or any other regulatory authority, and neither director is related to any existing board members of the company.

High Energy Batteries India has announced strong financial results for the third quarter, showcasing significant growth in both profitability and revenue metrics. The company's performance reflects robust operational execution and improved market positioning during the reporting period.

Financial Performance Highlights

The company's financial metrics demonstrate substantial year-on-year improvement across key parameters:

Revenue Growth Analysis

The revenue performance shows considerable expansion, with Q3 revenue reaching ₹232 million compared to ₹127 million in the corresponding quarter of the previous year. This substantial increase indicates strong demand for the company's battery products and successful market penetration strategies.

Profitability Enhancement

Net profit performance has been particularly impressive, rising to ₹50 million in Q3 from ₹7 million in the same quarter last year. This significant improvement in profitability suggests enhanced operational efficiency and effective cost management initiatives.

Business Outlook

The strong Q3 results position High Energy Batteries India favorably within the battery manufacturing sector. The company's ability to deliver substantial growth in both revenue and profitability demonstrates its competitive strength and operational capabilities in the evolving energy storage market.