StockWatch
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Consumer Electronics
Corporate Governance22 Apr 2026, 07:21 pm

Havells India Appoints Varun Berry as Additional Director

AI Summary

Havells India Ltd announced the appointment of Shri Varun Berry as an Additional Director (Independent) effective April 22, 2026. The board also approved the re-appointment of Smt Namrata Kaul and Shri Ashish Bharatram as Independent Directors, and Shri Puneet Bhatia and Shri T V Mohandas Pai as Non-Independent Directors, all subject to shareholder approval at the upcoming AGM. Additionally, Shri Vivek Mehra stepped down as an Independent Director. The board recommended a final dividend of ₹6 per equity share for FY 2025-26, in addition to an interim dividend of ₹4 per share. M/s Price Waterhouse & Co Chartered Accountants LLP were re-appointed as Statutory Auditors for a second term of five years.

Key Highlights

  • Varun Berry appointed as Additional Director (Independent) effective April 22, 2026.
  • Re-appointment of Namrata Kaul and Ashish Bharatram as Independent Directors approved.
  • Puneet Bhatia and T V Mohandas Pai re-appointed as Non-Independent Directors.
  • Vivek Mehra stepped down as Independent Director.
  • Final dividend of ₹6 per share recommended for FY 2025-26.