Olectra Greentech Limited — Others, 04-07-2025: Cessation
Olectra Greentech has announced a board meeting outcome including multiple leadership changes. Mr. P.V. Krishna Reddy has been appointed as Additional Director (Non-Executive) and Chairman of the Board, bringing over 35 years of infrastructure and business leadership experience. Mr. P. Rajesh Reddy, a post-graduate with 24+ years in business development, has been appointed Whole Time Director. The company accepted the resignation of Mr. K.V. Pradeep as Chairman and Managing Director due to personal reasons. Key managerial personnel are now Mr. P. Rajesh Reddy (Whole Time Director), Mr. B. Sharat Chandra (CFO), and Mr. P. Hanuman Prasad (Company Secretary). The board committees have been reconstituted with Mr. Rajesh Reddy included as a member across Audit, Stakeholders Relationship, CSR, and Risk Management Committees. These changes signal a strategic leadership transition impacting company governance and future direction.
