ESABINDIANSEEsab India Limited· ElectrodesMediumNeutral
Announced Thu, 30 Apr · 18:46 IST

Esab India Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

ESABINDIA · price

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Price reaction · full curve 14 horizons · vs prior close
+12.0%1-day move
₹6295.00
prior close
₹6370.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.8+2.4+3.6+4.1+12.0+14.4+12.3+9.6+8.9+6.0+10.8-6.9-9.3
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AI summary

Esab India has informed the stock exchanges that its promoter, ESAB Holdings Limited, has withdrawn the nomination of Kevin Johnson (DIN 09147729) as Nominee Director and nominated Mr. Curtis Evan Jewell (DIN 11666741) in his place, effective 1st May 2026. Mr. Jewell will serve as Non-Executive Nominee Director and Non-Executive Chairman of the company for a period of five years. He will also be a member of the Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee, and CSR Committee, and will chair the Risk Management Committee. Mr. Jewell is currently Senior Vice President and Corporate Secretary at ESAB Corporation (the global parent) and brings experience in corporate governance, M&A, and securities law from prior roles at Colfax Corporation and law firms Hogan Lovells and Schulte Roth & Zabel.

Likely market impact

This is a routine change of nominee director by the parent company (ESAB Holdings) and is not expected to materially affect operations or shareholder value. The new appointee is a senior executive of the global parent, which may strengthen alignment with the parent's strategic direction, but the role is non-executive.