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 a meeting on 24th September 2025, approved the appointment of Mr. Mahesh Babu Subramanian as Additional Director and Managing Director for a 3-year term effective 27th September 2025, subject to shareholder approval. Mr. Mahesh Babu brings over 30 years of mobility-sector experience, having previously served as CEO of SWITCH Mobility and MD & CEO of Mahindra Electric, along with credentials from BITS Pilani, Carnegie Mellon, IMD, and Yale. The board also re-appointed Mrs. Chintalapudi Laksmi Kumari as Independent Director for another 5-year term starting 9th January 2026. Board committees (Audit, Stakeholders Relationship, CSR, and Risk Management) were reconstituted effective 28th September 2025.
A strong external hire with deep EV industry credentials at the top is a positive governance and strategic signal for shareholders, reinforcing Olectra's electric-mobility focus. The reconstituted board and committee changes suggest a refreshed leadership structure going into FY26.