ABBNSEABB India Limited· Electrical EquipmentMediumNeutral
Announced Fri, 26 Jun · 16:33 IST

ABB India shareholders approve TK Sridhar as MD and Sanjeev Sharma as Director

Board & Shareholder Meetings View source PDF

ABB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹6977.00
prior close
₹7000.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.2-1.0-0.9+0.6-0.7-1.7-0.2+1.3-2.5+8.0
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AI summary

ABB India shareholders approved two resolutions via postal ballot (remote e-voting) that ended on June 25, 2026. Mr. TK Sridhar, current CFO, was appointed Managing Director for 5 years effective January 1, 2027, with 99.61 percent votes in favor (about 19.1 crore shares). Mr. Sanjeev Sharma, current Country MD, was appointed Non-Executive Non-Independent Director for 2 years effective January 1, 2027, with 99.90 percent in favor (about 19.16 crore shares). Around 90.5 percent of outstanding shares were polled.

Likely market impact

Leadership succession confirmed with overwhelming shareholder support; both appointments effective January 1, 2027, ensuring continuity at the top.