StockWatch
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Heavy Electrical Equipment
Management Change14 Aug 2026, 05:23 pm

Schneider Electric Infrastructure Appoints New Directors

AI Summary

Schneider Electric Infrastructure Ltd announced board approvals for the appointment of Mr. Soumya Bagchi as Whole-Time Director and Ms. Nirupa Chander as Non-Executive Director, both effective August 14, 2026, subject to shareholder approval. The company also approved the unaudited financial results for the first quarter ended June 30, 2026, with an unmodified auditor's review report. Additionally, Mr. Vinay Kumar Awasthi resigned as Internal Auditor due to a role change within the group, and Mr. Devendra Kumar Sharma was appointed as the new Internal Auditor for FY 2026-27.

Key Highlights

  • New Whole-Time Director and Non-Executive Director appointed.
  • Unaudited Q1 FY27 financial results approved with unmodified review.
  • Internal Auditor role changes with new appointment.
  • Appointments are subject to shareholder approval.