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Orient Electric informs about outcome of board meeting

17 Dec 2024 Evaluate
Orient Electric has informed that Board of Directors of Orient Electric (the ‘Company’) at its meeting held today December 17, 2024, considered and took note of / approved the following changes in the Key Managerial Personnel of the Company: Saibal Sengupta will be retiring from the office of Chief Financial Officer of the Company on attaining the superannuation with effect from the close business hours on December 31, 2024 and accordingly will cease to be the Key Managerial Personnel and Chief Risk Officer of the Company; Arvind Vats has been appointed as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from January 01, 2025. He is also being designated as Chief Risk Officer of the Company with effect from that date. Arvind Vats joined the Company on December 17, 2024 as Chief Financial Officer -Designate; Hitesh Kumar Jain has resigned from the position of Company Secretary and Compliance Officer as well as Key Managerial Personnel of the Company, submitted vide his resignation letter dated December 17, 2024 to be effective from the close of business hours on December 20, 2024. A copy of his resignation letter as submitted to the Company is enclosed. The Board Meeting commenced at 11:20 AM and concluded at 11:40 AM. Necessary disclosures in terms of aforesaid provisions of Listing Regulations are enclosed as Annexure- 1, 2 and 3 respectively.

The above information is a part of company’s filings submitted to BSE.

Orient Electric Share Price

185.35 3.40 (1.87%)
22-Apr-2026 15:40 View Price Chart
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