Exide Industries Limited has informed the Exchange regarding Appointment of Rajeev Ramesh Chand Khandelwal as Executive Director of the company w.e.f. September 01, 2025.
EXIDEIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Exide Industries has appointed Rajeev Ramesh Chand Khandelwal and Pravin Ramchandra Saraf as Executive Directors (Whole-time Directors) for a 3-year term from September 1, 2025 to August 31, 2028, subject to shareholder approval via postal ballot. Both are internal promotions — Khandelwal was previously Senior President & Head-Trade, and Saraf was Senior President & Head-Operations, having joined the company in late 2024. Khandelwal brings 30+ years of brand-building experience from P&G, Gillette, Reckitt, and RPSG Group, while Saraf brings 35+ years of operations experience from Bajaj, Bosch, Endurance Technologies, and Crompton Greaves. The postal ballot cut-off date is September 12, 2025.
These are internal elevations to Executive Director roles rather than new CEO/CFO appointments, so the impact on stock price is likely neutral. It signals continuity in leadership and recognizes existing senior management, with shareholder approval sought via postal ballot.