Schneider Electric Infrastructure Limited (SEIL) has announced significant changes to its board composition, appointing two seasoned professionals as Independent Directors and naming a new Chairperson. These strategic moves aim to enhance the company's corporate governance and bring diverse expertise to its leadership.

Board Appointments

The Board of Directors of SEIL, in a meeting held on October 24, 2025, approved the following appointments:

These appointments are subject to shareholder approval, as per regulatory requirements.

Profile of New Directors

Mr. Sundaram Damodarannair

Mr. Damodarannair brings extensive experience in corporate finance, business performance, mergers and acquisitions, governance, and strategy. His career highlights include:

• Former CFO of Hindustan Unilever Limited (1999-2008)
• Vice Chairman and CFO of HUL until 2009
• Two-time recipient of the "CFO of the Year for FMCG Sector" award by CNBC TV18
• Recognized as the Best Independent Director in 2019 by the Asian Centre for Corporate Governance and Sustainability
• Current directorships include Crompton Greaves, Infosys Limited, and others

Dr. Shalini Sarin

Dr. Sarin is known for her expertise in human resources, sustainable business practices, and leadership development. Her professional background includes:

• Former global CHRO for Philips Professional Lighting
• Former CHRO for Schneider Electric South Asia
• Current board memberships at Linde, Kirloskar Oil Engines, and Kirloskar Ferrous
• Supervisory Board member at Nagarro GmbH
• Trustee at Plaksha University and Advisory Committee member of the Climate Group
• Holds a Doctorate in Organization Behaviour and Culture, and Masters degrees in Sociology and Human Resource Management

Implications for SEIL

The appointments of Mr. Damodarannair and Dr. Sarin are expected to bring valuable insights and expertise to SEIL's board. Their diverse backgrounds in finance, human resources, and sustainable business practices align well with the company's focus on infrastructure and energy management solutions.

The appointment of Mr. Pravin Kumar Purang as Chairperson further strengthens the company's leadership structure. These changes collectively signal SEIL's commitment to robust corporate governance and strategic growth.

Regulatory Compliance

SEIL has confirmed that both Mr. Damodarannair and Dr. Sarin are not related to any existing Directors or Key Managerial Personnel of the company. Additionally, they do not hold any shares in SEIL, ensuring their independence in decision-making processes.

The company has also assured that neither appointee is debarred from holding the office of director by any SEBI order or other authority, in compliance with regulatory requirements.

As Schneider Electric Infrastructure Limited moves forward with these board changes, stakeholders will be watching closely to see how the new directors' expertise will contribute to the company's strategic direction and performance in the competitive infrastructure and energy management sector.

Schneider Electric Infrastructure Limited (SEIL) has announced a significant change in its top management. Suparna Banerjee Bhattacharyya, the company's Chief Financial Officer (CFO), has tendered her resignation, marking the end of her tenure with the organization.

Resignation Details

Bhattacharyya will be stepping down from her roles as CFO, Key Managerial Personnel, and Senior Management Personnel of Schneider Electric Infrastructure Limited. Her last day with the company will be September 15, effective from the close of business hours.

Reason for Departure

In her resignation letter addressed to the Board of Directors, Bhattacharyya cited her decision to "pursue a career opportunity outside the organization" as the primary reason for her departure. She explicitly stated that there are no other material reasons for her resignation beyond this career move.

Corporate Governance and Transparency

In compliance with regulatory requirements, specifically Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Schneider Electric Infrastructure Limited has promptly notified the stock exchanges about this development. The company has also provided a copy of Bhattacharyya's resignation letter to ensure full transparency.

Company's Response

Schneider Electric Infrastructure Limited acknowledged the resignation through a formal communication to the stock exchanges. The company's Company Secretary and Compliance Officer, Sumit Goel, signed the intimation letter, which was dated September 16.

Looking Ahead

While the departure of a key executive like the CFO can be significant for any organization, Schneider Electric Infrastructure Limited has not yet announced a successor for the position. Stakeholders and investors will likely be keen to see how the company manages this transition in its financial leadership.

Schneider Electric Infrastructure Limited, with its corporate office in Gurgaon and registered office in Vadodara, continues to be a significant player in the electrical infrastructure sector. As the company navigates this change in its financial leadership, the market will be watching closely for any impacts on its operations and strategic direction.