SCHNEIDER ELECTRIC I

534139
End-of-day quote. End-of-day quote  - 04/12
89.6INR -6.96%

Schneider Electric Infrastructure Limited Announces Board Changes

05/21/2022 | 11:03am
Schneider Electric Infrastructure Limited approved the appointment of Mr. Pravin Kumar Purang (DIN: 02533080) as an Additional Non-Executive Independent Director of the Company with effect from May 21, 2022 for a term of 3 years and continuation of his directorship after attaining the age of seventy-five (75) years, during his term of appointment, at its board meeting held on May 21, 2022. Further, the Board has appointed Ms. Namrata Kaul as the Chairperson of the Company. The above appointment(s) have been recommended by the Nomination and Remuneration Committee and are subject to the approval of the shareholders at the upcoming 12th Annual General Meeting. Consequently, Mr. Vinod Kumar Dhall also ceases to be the Chairperson of the Company. Mr. Pravin Kumar Purang holds a Bachelor's Degree in Mechanical Engineering and a Master's in industrial engineering from the Indian Institute of Technology, New Delhi. He is a Technocrat and Management Advisor to Corporate Business Houses. Ms. Kaul is having over 32 years of experience in banking and finance, spanning across corporate & investment banking functions, global markets and treasury operations. She has strengthen its positioning as an Asian bank with European Corporate and Institutional clients. She also served as the Head of Multinational Banking at Deutsche Bank India and the Head of Treasury Services at ANZ Grindlays Bank. Currently, Ms. Kaul is a Board Member at Care India.
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