Olectra Greentech Limited has informed the Exchange regarding Change in Director(s) of the company.
OLECTRA · price
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Olectra Greentech's board, at its meeting on 24th September 2025, approved the re-appointment of Mrs. Chintalapudi Laksmi Kumari as an Independent Director for a further five-year term starting 9th January 2026. The board also appointed Mr. Mahesh Babu Subramanian as Additional Director and Managing Director for three years, effective 27th September 2025, subject to shareholder approval. Mr. Mahesh Babu brings over 30 years of experience in the mobility sector, having previously served as CEO of SWITCH Mobility and MD & CEO of Mahindra Electric. Board committees were also reconstituted from 28th September 2025.
The appointment of a seasoned EV industry veteran as Managing Director is likely to be viewed positively by investors, signalling strong leadership continuity in Olectra's electric mobility business. The re-appointment of an independent director provides board stability.