WHIRLPOOL · price
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The Board of Directors of Whirlpool of India Ltd has approved the re-designation of Mr. Arvind Uppal as a Non-Executive Non-Independent Director with effect from 06 May 2026. This change is effective immediately but is subject to shareholder approval at the next general meeting. Mr. Uppal, who holds a Bachelor's degree in Engineering from IIT Delhi and an MBA from FMS Delhi, has been on the company's board since 2005 and has over 36 years of experience in business development, sales, and marketing. He is also a director on boards of Gulf Oil, Eureka Forbes, Amber Enterprises, and other companies. As a consequence of this re-designation, the Audit Committee, Nomination and Remuneration Committee, and Risk Management Committee have been reconstituted. Mr. Uppal has been added to the Nomination and Remuneration Committee and the Risk Management Committee.
This is a routine governance change involving a director's re-categorization and does not indicate any executive departure or governance concern. Existing shareholders should note that shareholder approval will be sought for this change.