NIBE Ltd. Appoints Rajagopalan Madhavan as Additional Director
NIBE Ltd. announced the appointment of Rajagopalan Madhavan as an Additional Director, Non-Executive and Independent, effective March 25, 2026. The appointment was approved by the Board of Directors at a meeting held on that date. Mr. Madhavan’s appointment is for a period of five years, contingent upon shareholder approval.Mr. Rajagopalan Madhavan holds a Mechanical Engineering degree from NIT Raipur and a postgraduate M. Tech from IIT Madras. He previously served as the Chairman and Managing Director of Hindustan Aeronautics Limited. He has no inter-se relationship with other directors or Key Managerial Personnel of the company.
According to company records, Mr. Madhavan is not restricted from holding a director position due to any order from the Securities and Exchange Board of India (SEBI) or other regulatory authorities.
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Reason for change | Appointment of Mr. Rajagopalan Madhavan as a Non-Executive Independent Director |
| 2 | Date of appointment & term | Effective from 25th March 2026 for 5 years, subject to shareholder approval |
| 3 | Brief profile | Mechanical Engineer graduate from NIT Raipur with a postgraduate M. Tech from IIT Madras. Formerly Chairman and Managing Director of Hindustan Aeronautics Limited. |
| 4 | Relationship Disclosure | No inter-se relationship with other directors/KMPs |
| 5 | Regulatory Compliance | Mr. Rajagopalan Madhavan is not debarred from holding the office of Director |
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