The Board of Directors of the Company at their Meeting held today i.e., on Wednesday, 08th October, 2025 had approved the appointment of Mr. Rajendra Naniwadekar (DIN: 00032107), Managing ....
Awaiting price reaction for this filing.
The Board of Directors of I-Power Solutions India Ltd, at their meeting on 8th October 2025, approved the existing Managing Director Mr. Rajendra Naniwadekar (DIN: 00032107) to take on the role of Managing Director (Key Managerial Personnel) at another listed public company. Mr. Naniwadekar continues to remain the MD of I-Power Solutions India Ltd. The board meeting lasted 30 minutes, from 3:30 PM to 4:00 PM. The disclosure is made under SEBI Listing Regulations to inform the stock exchange about this cross-directorship approval.
No immediate change to leadership at I-Power Solutions India Ltd — Mr. Naniwadekar remains MD here. However, shareholders should note that their MD will now divide attention across two listed companies, which may raise questions about his bandwidth and focus on I-Power Solutions going forward.