Crompton Greaves Consumer Electricals Limited announced the appointment of Mr. Sundaram Damodarannair as the Chairman of the Board, effective September 18, 2025. The decision was made during the board meeting held on September 15, 2025.
Mr. Sundaram Damodarannair (DIN: 00016304) will also serve as an Additional Non-Executive, Non-Independent Director of the company. His tenure as a Non-Executive, Independent Director concluded on September 17, 2025, after serving two consecutive terms.
The board has approved Mr. Damodarannair’s appointment until he reaches the age of seventy-five, i.e., up to April 15, 2028, subject to the approval of the company's members. The decision was based on the recommendation of the Nomination & Remuneration Committee (N&RC).
The Board also approved the reconstitution of the following committees, effective September 18, 2025:
| Name | Position | Nature of Directorship |
|---|---|---|
| Mr. Sanjiv Kakkar | Chairperson | Non-Executive, Independent Director |
| Mr. P R Ramesh | Member | Non-Executive, Independent Director |
| Mr. Sundaram Damodarannair | Member | Non-Executive, Non- Independent Director |
| Name | Position | Nature of Directorship |
|---|---|---|
| Ms. Smita Anand | Chairperson | Non-Executive, Independent Director |
| Mr. Sundaram Damodarannair | Member | Non-Executive, Non-Independent Director |
| Mr. Anil Chaudhry | Member | Non-Executive, Independent Director |
| Name | Position | Nature of Directorship |
|---|---|---|
| Mr. Sundaram Damodarannair | Chairperson | Non-Executive, Non- Independent Director |
| Ms. Hiroo Mirchandani | Member | Non-Executive, Independent Director |
| Mr. Shantanu Khosla | Member | Non-Executive, Non- Independent Director |
| Mr. Promeet Ghosh | Member | Managing Director & Chief Executive Officer |
| Name | Position | Nature of Directorship |
|---|---|---|
| Mr. Shantanu Khosla | Chairperson | Non-Executive, Non- Independent Director |
| Ms. Smita Anand | Member | Non-Executive, Independent Director |
| Mr. Sundaram Damodarannair | Member | Non-Executive, Non- Independent Director |
| Mr. Promeet Ghosh | Member | Managing Director & Chief Executive Officer |
| Name | Position | Nature of Directorship |
|---|---|---|
| Mr. P R Ramesh | Chairperson | Non-Executive Independent Director |
| Mr. Anil Chaudhry | Member | Non-Executive Independent Director |
| Mr. Sundaram Damodarannair | Member | Non-Executive, Non-Independent Director |
The Board also approved a Postal Ballot Notice to seek the consent of the Members for the appointment of Mr. Sundaram Damodarannair as Non-Executive Non-Independent Director.
The Board approved the Board Diversity Policy to strengthen corporate governance, enhance decision-making, and ensure better stakeholder representation. The policy will be available on the company's website.
The Board Meeting commenced at 2.45 P.M. and concluded at 3.20 P.M.
This intimation will also be uploaded on the Company's website at www.crompton.co.in in accordance with the SEBI LODR.
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