Pursuant to the SEBI Listing Regulations, we hereby inform you that, based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company on May ....
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Sterling and Wilson Renewable Energy Limited has announced the appointment of Mr. Vikas Gulati as Chief Procurement Officer and Senior Management Personnel (SMP). The appointment was approved by the Board of Directors on May 26, 2026, based on the recommendation of the Nomination and Remuneration Committee. Mr. Gulati will join the company from June 01, 2026. He brings over 30 years of experience in procurement, supply chain management, and project management. This is a senior management appointment and does not involve any Director-level position.
This appointment strengthens the company's procurement and supply chain capabilities, which is positive for operational efficiency. However, as this is an SMP appointment rather than a KMP (Key Managerial Personnel), the impact on stock price is likely minimal.