Saatvik Green Energy Limited Appoints Ms. Ritu Lal as Independent Woman Director
Saatvik Green Energy Limited appointed Ms. Ritu Lal (DIN: 06927001) as Additional Non-Executive Independent Woman Director for a five-year term from December 11, 2025 to December 10, 2030, subject to shareholder approval. Ms. Lal brings nearly three decades of experience across Renewable Energy, Pharmaceuticals, FMCG, and Executive Search Consulting sectors. She currently serves as Client Partner at Amrop India and previously held senior positions at Amplus Solar, contributing to scaling the organization to a 1.5 GW operating portfolio.
*this image is generated using AI for illustrative purposes only.
Saatvik Green Energy Limited has announced the appointment of Ms. Ritu Lal as Additional Non-Executive Independent Woman Director, marking a significant addition to the company's board leadership. The appointment was approved by the Board of Directors on December 11, 2025, following recommendations from the Nomination and Remuneration Committee.
Appointment Details
The board meeting, which commenced at 1:00 p.m. and concluded at 1:50 p.m. on December 11, 2025, approved Ms. Lal's appointment for a five-year term. The appointment is subject to approval from the company's shareholders.
| Parameter: | Details |
|---|---|
| Director Name: | Ms. Ritu Lal |
| DIN: | 06927001 |
| Position: | Additional Non-Executive Independent Woman Director |
| Term Duration: | 5 years |
| Term Period: | December 11, 2025 to December 10, 2030 |
| Approval Status: | Subject to shareholder approval |
Professional Background
Ms. Ritu Lal, aged 51 years, brings extensive educational credentials and professional experience to her new role. She holds a B.Sc. (Hons) degree from Hindu College, Delhi University, and an MBA from the Faculty of Management Studies (FMS), Delhi University. Her career spans nearly three decades across diverse sectors including Renewable Energy, Pharmaceuticals, FMCG, Food, and Executive Search Consulting.
Currently, Ms. Lal serves as Client Partner at Amrop India, where she leads the Energy Infrastructure practice. In this role, she advises global and Indian organizations on leadership hiring, succession planning, and Board mandates. Prior to this position, she held the role of Senior Vice President and Head Policy Advocacy, Institutional Relations, Marketing & PR at Amplus Solar, where she played a pivotal role in shaping policy for distributed renewables and scaling the organization from a start-up to a market leader with a 1.5 GW operating portfolio.
Industry Experience and Recognition
Ms. Lal's earlier career includes senior roles in Procurement and Strategic Sourcing with DSM Anti-Infectives and GlaxoSmithKline Consumer Healthcare, as well as consulting assignments in procurement and training. Recognized as a thought leader in renewable energy, she is actively associated with industry bodies such as:
- Confederation of Indian Industry (CII)
- Federation of Indian Chambers of Commerce & Industry (FICCI)
- Associated Chambers of Commerce and Industry of India (ASSOCHAM)
- National Solar Energy Federation of India (NSEFI)
Notably, Ms. Lal heads NSEFI's WISE (Women in Solar Energy) initiative, demonstrating her commitment to promoting women's participation in the renewable energy sector. She is a frequent speaker at global forums hosted by the Government of India, International Solar Alliance (ISA), World Bank, Observer Research Foundation (ORF), and Centre for Science and Environment (CSE). Additionally, she continues to mentor young professionals, particularly women in the industry.
Regulatory Compliance
The appointment has been made in accordance with Regulation 30 read with Schedule III, Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that there is no inter-relationship between Ms. Ritu Lal and any other Directors of the Company. Furthermore, Ms. Lal is not debarred from holding the office of Director by virtue of any order passed by Securities and Exchange Board of India or any other authority.
This strategic appointment reinforces Saatvik Green Energy Limited's commitment to strengthening its board composition with experienced professionals from the renewable energy sector, particularly in line with corporate governance requirements for independent woman directors.
17
