Eveready Industries India Limited — Others, 12-11-2024: Change in Company Secretary/Compliance Officer

The Board of Directors has approved the superannuation of Mrs. Tehnaz Punwani as Company Secretary and Compliance Officer, effective November 30, 2024, after nearly two decades with the company. Mrs. Shampa Ghosh Ray will succeed her as Company Secretary and Compliance Officer from December 1, 2024. Mrs. Ghosh Ray brings 24 years of experience in corporate governance and legal functions, previously heading the Legal and Secretarial department at Usha Martin Limited.

This transition suggests a strategic succession plan, likely ensuring continuity in governance. It may cultivate a positive outlook among investors given Mrs. Ghosh Ray's extensive expertise, although it also introduces the potential transition risk associated with new leadership.