FilingReader Intelligence

Olectra Greentech appoints new chairman, director amid leadership changes

July 4, 2025 at 10:19 AM UTCBy FilingReader AI

Olectra Greentech announced significant changes to its leadership following a board meeting held on July 4, 2025. Puritipati Venkata Krishna Reddy has been appointed as an Additional Director (Non-Executive) and will also assume the role of Chairman of the Board, effective July 5, 2025. These changes follow the resignation of K V Pradeep from his position as Managing Director and Director, which was accepted by the board and takes effect at the close of business hours on July 4, 2025. The company is currently seeking a replacement for the Managing Director/CEO role. Additionally, P. Rajesh Reddy, previously a Non-Executive Director, has been appointed as a Whole Time Director, subject to shareholder approval, also effective July 5, 2025. The company also noted changes to its Key Managerial Personnel, with P. Rajesh Reddy becoming the Whole Time Director and P Hanuman Prasad as Company Secretary. These actions trigger a reconstitution of the Board's committees. Finally, the resignation of K V Pradeep was attributed to personal reasons.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:OLECTRABombay Stock Exchange

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