Electrotherm Announces Board Appointments: Davesh Khandelwal and Rajesh Patel Join as Directors
Electrotherm (India) Limited announced significant updates regarding its Board of Directors following a Board meeting held on August 26, 2026. The meeting resulted in the appointment of two new directors, Mr. Davesh Khandelwal and Mr. Rajesh Bhalchandra Patel, detailing their roles, tenure, and professional profiles.The Board of Directors approved the appointment of Mr. Davesh Khandelwal as an Additional Director and Whole Time Director of the company. His appointment as an Additional Director is valid until the date of the next Annual General Meeting. Furthermore, his tenure as a Whole Time Director is set for three years, effective from August 26, 2026, until August 25, 2029, subject to the approval of the company's Shareholders.
Mr. Davesh Khandelwal, aged 41, holds a Bachelor of Engineering (BE) in Mechanical Engineering from Bharati Vidyapeeth. He possesses over two decades of extensive experience across various sectors, including power, steel, marketing, and international trade. His career foundation was built at Hindustan Unilever (HUL), and he later held senior positions at Shreeyam Power and Steel Industries Limited.
The Board also approved the appointment of Mr. Rajesh Bhalchandra Patel as an Additional Director, categorized as a Non-Executive Non-Independent Director. This appointment is effective from August 26, 2026, and is subject to Shareholder approval.
Mr. Rajesh Bhalchandra Patel, aged 63, holds a Diploma in Automobile engineering from Government Polytechnic, Ahmedabad. He has 39 years of experience spanning manufacturing, business development, and operations within the electrical industries. His technical expertise includes erection, testing, design, and commissioning of ultra high voltage substations and projects up to 400 KW, electrical panel, and switch yard projects.
Key details regarding the appointments are summarized below:
| Director Name | Primary Roles | Tenure Details |
|---|---|---|
| Mr. Davesh Khandelwal | Additional Director and Whole Time Director | Additional role extends until the next Annual General Meeting. Whole Time Director role is for three years (August 26, 2026, to August 25, 2029), subject to Shareholder approval. |
| Mr. Rajesh Bhalchandra Patel | Additional Director (Non-Executive Non-Independent) | Appointment is effective from August 26, 2026, until the next Annual General Meeting, subject to Shareholder approval. |
Details of the appointments and the directors' profiles, including qualifications and lack of relationship with other company directors, were confirmed during the meeting. The Board meeting commenced at 11:30 a.m. and concluded at 12:40 p.m. on August 26, 2026.
ELECTHERM Stock Price Movement
Shares of Electrotherm (India) Limited are edging higher to ₹1052.2 as of 1:31 PM today, gaining 0.31%. The stock saw brisk buying activity, with a traded volume totaling 4,809 shares so far into the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.