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Swelect Energy Systems Announces Board Meeting Outcomes

Swelect Energy Systems Announces Board Meeting Outcomes

September 04, 2025 / 15:29 IST
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    The Board of Directors of Swelect Energy Systems, in its meeting held today, has re-designated Mr. R Chellappan, Managing Director, as a Whole Time Director and Vice-Chairman of the company for a period of 5 years, effective from September 4, 2025, to September 3, 2030.

    The board has also appointed Dr. Arulkumar Pudur Shanmugasundaram as CEO & Managing Director of the company for a period of 5 years, effective from September 4, 2025, to September 3, 2030. Mr. A Balan, Whole Time Director (Joint Managing Director), has been re-designated as Whole Time Director of the company for a period of 5 years, with effect from September 4, 2025, to September 3, 2030. The Board has also appointed Mr. G S Samuel as Non-Executive, Non-Independent Director (Additional Director) of the Company.

     

    Changes in Designations and Appointments
    ParticularsDetails
    Change in Designation of Mr. R ChellappanRe-designated as Whole Time Director and Vice-Chairman
    Effective DateSeptember 4, 2025
    Term5 years (up to September 3, 2030)
    Appointment of Dr. Arulkumar Pudur ShanmugasundaramAppointed as CEO & Managing Director
    Effective DateSeptember 4, 2025
    Term5 years (up to September 3, 2030)
    Change in Designation of Mr. A BalanRe-designated as Whole Time Director
    Effective DateSeptember 4, 2025
    Term5 years (up to September 3, 2030)
    Appointment of Mr. G S SamuelAppointed as Non-Executive, Non-Independent Director

     

    Consequent to the above changes, Dr. Arulkumar Pudur Shanmugasundaram will be included as a member in the following committees:

     

    • Borrowing Committee
    • Forex Management Committee
    • Investment Committee
    • CSR Committee
    • Risk Management Committee
    • Share Allotment Committee
    • Transfer Committee

     

    R. Chellappan

    Alpha Desk
    first published: Sep 4, 2025 03:29 pm

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