Jupiter Wagons appoints Mark Stevenson as non-executive director

Jupiter Wagons Limited's board of directors, acting on the Nomination & Remuneration Committee's recommendation, approved the appointment of Mark Damian Stevenson as an additional director, effective December 15, 2025. He will serve as a non-executive non-independent director and is liable to retire by rotation, subject to shareholder approval through a forthcoming postal ballot.

Mr. Stevenson brings over three decades of leadership experience from the European freight railcar leasing sector. He graduated from MA (Oxon), Modern Languages, University of Oxford, and qualified as a chartered accountant (ICAEW) in 1989 with Price Waterhouse Coopers. His extensive background includes developing a Common Debt Platform with an issue volume exceeding $3 billion.

Notably, Mr. Stevenson served as acting chief executive for VTG AG, navigating its transition from SDAX listing to private ownership. During his tenure, the company’s share price increased from $13.50 to $122.00. Jupiter Wagons confirmed that Mr. Stevenson is not related to any other director on its board and is not debarred from holding a directorship by any SEBI order.