India Nippon Electricals Reappoints Key Independent Directors Gangapriya Chakraverti and Heramb Ravindra Hajarnavis
India Nippon Electricals Limited has approved the re-appointment of two key independent directors, Ms. Gangapriya Chakraverti and Mr. Heramb Ravindra Hajarnavis, for a second term. The appointments were finalized following shareholder approval at the company’s Annual General Meeting (AGM) held on July 30, 2026.The re-appointments of both directors, based on recommendations from the Nomination and Remuneration Committee, grant them a two-term extension for five consecutive years. The tenure commences on August 10, 2026, and extends until August 9, 2031.
Ms. Gangapriya Chakraverti and Mr. Heramb Ravindra Hajarnavis continue to serve as Independent Directors of the company. Both appointments are subject to shareholder approval and neither director is liable to retire by rotation.
Director Profiles
The profiles and qualifications of both directors were detailed in the corporate records:| Detail | Ms. Gangapriya Chakraverti (Independent Director) | Mr. Heramb Ravindra Hajarnavis (Independent Director) |
|---|---|---|
| Term | Re-appointed effective August 10, 2026, for five years. | Re-appointed effective August 10, 2026, for five years. |
| Key Roles/Experience | Chairman of the N&R Committee and CSR Committee; member of the SRC Committee. Has over three decades of experience in corporate and leadership roles, including with the Murugappa Group and Ford Motor Company's Business Services organization. Her areas include change management, total rewards, and diversity. | Founder and Managing Partner of SeaLink Capital Partners (SCP). Previously served as Head of KKR’s Indian private equity business from 2010 to 2014. Experience includes roles at Goldman Sachs & Co., based out of multiple global offices. |
| Education/Credentials | Holds a degree in Industrial Social Psychology and is a certified coach from the International Coaching Federation. | Earned an S.B. from Massachusetts Institute of Technology (MIT) and an MBA from Harvard Business School (HBS). |
Compliance and Relationship Status
The company confirmed that Ms. Gangapriya Chakraverti is not related to any Directors of the Company. Similarly, Mr. Heramb Ravindra Hajarnavis has been stated to be unrelated to any Directors of the Company. Both directors were also affirmed as not being debarred from holding the office of a Director by virtue of any SEBI order or any other such authority.INDNIPPON Stock Price Movement
India Nippon Electricals Limited shares edged higher to close at ₹1170.4 on Friday, posting a solid gain of 1.32%. The equity saw brisk activity during the session, with a traded volume totaling 25,029 shares.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.
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