Announced Wed, 24 Sept · 22:16 IST

We wish to inform you that the shareholders of the company at its 53rd Annual General Meeting held on September 24, 2025 had approved the following appointments as enclosed herewith.

Ceo Appointed ExternalManagement Changes View source PDF

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AI summary

At the 53rd Annual General Meeting held on September 24, 2025, shareholders of Panasonic Energy India approved three key appointments. Mr. Akio Fujita was appointed as Chairman & Managing Director for a 2-year term from July 1, 2025 to June 30, 2027; he previously held roles at Panasonic Energy Co. Ltd. (parent), Metal One Corporation, and Deloitte Tohmatsu Consulting. M/s J. J. Gandhi & Co. was appointed as Secretarial Auditor for 5 consecutive financial years (FY 2025-26 to FY 2029-30). M/s Diwanji & Co. was appointed as Cost Auditor for FY 2025-26. The appointments were originally recommended by the Board on May 21, 2025 and now have shareholder backing.

Likely market impact

The appointment of a new Chairman & Managing Director signals a leadership transition at the company, which may bring strategic shifts aligned with the parent Panasonic Group's direction. Stable auditor appointments strengthen governance and compliance continuity for shareholders.