Sharika Enterprises Ltd — Important, 12-02-2026: Company Update

Sharika Enterprises Limited has announced the appointment of Mr. Sanjay Verma as its new Chief Executive Officer, effective April 1, 2026. This decision follows the Nomination and Remuneration Committee's review and board approval. Mr. Verma brings nearly 35 years of extensive experience in the power sector, specializing in instrumentation & control systems, utility-scale distribution, grid modernization, and smart infrastructure development. His expertise as a thought leader in smart grids and digital utility transformation is expected to drive the company's strategic growth in these critical areas. He also serves as a Director in two of the company's subsidiaries.