Announced Wed, 21 May · 22:00 IST

We wish to inform you that board of directors at its meeting approve the appointment of Mr. Akio Fujita as the CMD, M/s J J Gandhi & Co. as the Secretarial Auditor and M/s. Diwanji & Co. ....

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Panasonic Energy India's board has appointed Mr. Akio Fujita as the new Chairman & Managing Director for a two-year term from July 1, 2025 to June 30, 2027, subject to shareholder approval. Mr. Fujita is an external appointment, currently serving as Personal Assistant to the President/CEO of Panasonic Energy Co., Ltd. in Japan. Meanwhile, the outgoing CMD Mr. Akinori Isomura is resigning effective June 30, 2025 due to a change in his assignment at Panasonic Holding Corporation, ensuring a smooth transition. The board also appointed M/s J.J. Gandhi & Co. as Secretarial Auditor for five financial years (FY 2025-26 to FY 2029-30) and M/s Diwanji & Co. as Cost Auditor for FY 2025-26.

Likely market impact

This is a routine leadership transition within the Panasonic group with no disruption expected in operations. Shareholders should note the CMD change and approve Mr. Fujita's appointment at the upcoming AGM, while the new auditor appointments strengthen governance compliance.