Change in Designation of Senior Management Personnel.
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Andrew Yule & Company has re-designated Shri G.R. Pugalendhi from Executive Director, Electrical Division (Chennai) to Executive Director (Electrical & Engineering Operations), effective 23rd June 2025. The change expands his oversight to include both the Electrical and Engineering Divisions. The re-designation was approved by the competent authority, and he is not related to any Director on the board. Shri Pugalendhi is a BE, MBA with over 34 years of experience in power transformer manufacturing. No regulatory bar exists on him holding this office.
This is an internal re-designation of an existing senior executive with an expanded operational role. It is a routine organisational change and is unlikely to have a material impact on shareholders or the stock price.