Page 178 - Hitachi IR 2025

BOARD’S REPORT
None of the Non-Executive Directors have any pecuniary relationship or transactions with the Company.
E. Performance Evaluation of Directors:
The performance Evaluation of Directors including that of Independent Directors as required under the Act
and the SEBI Listing Regulations for the financial year 2024-25 was undertaken during the financial year
2025-26.
F. Senior Management:
The Board of Directors of the Company, based on the recommendations of NRC, has identified category
of Senior Management Personnel(s), pursuant to the provisions of Regulation 16(1)(d) of the SEBI Listing
Regulations. Details of Senior Management Personnel(s) as on March 31, 2025, are as follows:
Name of Senior Management Designation
Nuguri Venu Managing Director & CEO
Poovanna Ammatanda General Counsel and Company Secretary
Ajay Singh Chief Financial Officer
Akilur Rahman Chief Technology Officer
Karthik Krishnamurthi Head of Sales and Marketing
Ajith Kesavan Head of Grid Automation
Atul Pandit Head of Transformers
Neha Ahluwalia Head of Human Resources
Manashwi Banerjee Head of Communications
Ramkumar D Head of Grid Power Quality Solutions
Rakesh Dwivedi Head of High Voltage Products
Saji S Head of High Voltage Direct Current
During the year under review, there were no changes in Senior Management.
6. STAKEHOLDERS’ RELATIONSHIP COMMITTEE:
The Stakeholders Relationship Committee has been authorized to approve the transfer/ transmission/
transposition/ demat/ remat of shares/ deletion of name and issue of duplicate share certificates and taking
note of Members’ grievances.
Following are the terms of reference of the Stakeholders Relationship Committee:
1. Resolving the grievances of the security holders of the listed entity including complaints related to the
transfer/ transmission of shares, non-receipt of the annual report, non-receipt of declared dividends, issue
of new/ duplicate certificates, General Meetings, etc.
2. Review of measures taken for the effective exercise of voting rights by Shareholders.
3. Review of adherence to the service standards adopted by the listed entity in respect of various services
being rendered by the Registrar & Share Transfer Agent (RTA).
4. Review of the various measures and initiatives taken by the listed entity for reducing the quantum of
unclaimed dividends and ensuring timely receipt of dividend warrants / annual reports / statutory notices
by the Shareholders of the Company.
The Stakeholders Relationship Committee shall discharge such other role/ function as prescribed by the Board of
Directors and/ or envisaged under Regulation 20 read with Part D of Schedule II of the SEBI Listing Regulations
and the provisions of Section 178 of the Act.
In order to expedite the process, the Board of Directors has also delegated the authority to any two of
the Managing Director and CEO, Chief Financial Officer and Company Secretary to approve the transfer/
transmission/ transposition of shares/ remat/ demat / deletion of name, issue of duplicate shares requests as
and when required from time to time.
4 Meetings of the Committee were held during this financial year viz., on May 21, 2024; July 24, 2024;
October 29, 2024 and January 29, 2025.
176 Hitachi Energy India Limited