Indo Tech Transformers Limited has informed the Exchange regarding Appointment of Mr Ajay Kumar Dhagat as Non- Executive Independent Director of the company w.e.f. August 12, 2025.
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Indo Tech Transformers has re-appointed Mr. Ajay Kumar Dhagat (DIN: 00250792) as an Independent Director for a second consecutive term of five years, starting August 13, 2025. The re-appointment was approved by shareholders at a meeting held on August 11, 2025, following a recommendation from the Nomination and Remuneration Committee and the Board. Mr. Dhagat is an Electrical Engineering graduate with over four decades of industry experience, having previously served as Whole-Time Director at Indo Tech and held senior roles at GEC, Alstom SA, and T&D France. The filing also confirms that he is not debarred by SEBI or any other authority from holding a director position.
This is a routine corporate governance update and is unlikely to have any material impact on the stock price. The re-appointment brings continuity to the board with an experienced industry veteran familiar with the company's operations.