BSECompany Update6d ago · 28 Jul 2026, 03:59 pm
Intimation under Regulation 30 of SEBI Listing Regulations - Change in Senior Management Personal
Voltas Ltd · 500575
✦ AI SummaryMgmt Change
Voltas Ltd announces change in senior management personnel with Mr. Jogesh Jaitly retiring on 31st March, 2027, and Mr. Karan Sehgal joining on 3rd August, 2026, as Head Sales, Unitary Products Business.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Voltas Ltd - 500575 - Announcement under Regulation 30 (LODR)-Change in Management
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28th July, 2026
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Listing Department
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street Bandra-Kurla Complex
Mumbai 400 001 Bandra (East), Mumbai 400 051
Scrip Code: 500575 NSE Symbol: VOLTAS
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘SEBI Listing Regulations’)
Dear Sirs,
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing
Regulations, we hereby inform that Mr. Jogesh Jaitly, Head Sales, Unitary Products Business,
who is a Senior Management Personnel of the Company, will retire from the services of the
Company on 31st March, 2027, upon attaining the age of superannuation. Mr. Jaitly has had a
decade plus long association with the Company and has made a significant contribution to the
growth and development of the Room Air Conditioning business.
As part of the Company’s leadership succession planning process, Mr. Karan Sehgal will join
the Company on 3rd August, 2026. Following a structured transition and induction
programme, Mr. Sehgal will assume responsibility as Head Sales, Unitary Products Business
with effect from 1st October, 2026. A brief profile of Mr. Sehgal is given in Annexure.
Mr. Jaitly will continue in service until his retirement on 31st March, 2027 and will work
closely with Mr. Sehgal to ensure an orderly and seamless transition of responsibilities.
The information as required under Para A of Part A of Schedule III of the SEBI Listing
Regulations read with relevant SEBI Circulars is enclosed in the Annexure.
This is for your information and records.
Thanking you,
Yours faithfully,
For Voltas Limited
Ratnesh Rukhariyar
Company Secretary & Compliance Officer
Encl.: a/a
Corporate Management Office
Registered Office Voltas House 'A’ Dr Babasaheb Ambedkar Road Chinchpokli Mumbai 400 033 India
Tel 91 22 66656290 66656258 e-mail shareservices@voltas.com website www.voltas.in
Corporate Identity Number L29308MH1954PLC009371
ANNEXURE
Details under Regulation 30(6) read with Para A of Schedule III of the SEBI Listing Regulations and
relevant SEBI Circular:
Sr. Particulars Details
Mr. Jogesh Jaitly Mr. Karan Sehgal
1. Reason for change viz. Mr. Jogesh Jaitly, Head Sales, Mr. Karan Sehgal will join the
appointment, re- Unitary Products Business, will Company on 3rd August, 2026 as a
appointment, retire from the services of the Senior Management Personnel
resignation, removal, Company upon attaining the age and, following a structured
death or otherwise of superannuation on 31st March, transition programme, will
2027. assume responsibility as Head
Sales, Unitary Products Business,
with effect from 1st October,
2026.
2. Date of appointment / 31st March, 2027 3rd August, 2026
cessation (as applicable) Term: Not Applicable Term: Not Applicable
and term of appointment
/ re-appointments
3. Brief profile (in case of Not applicable Mr. Karan Sehgal joins the
appointment) Company from ITC Limited,
where he has built an
accomplished career spanning
multiple leadership assignments,
most recently as General
Manager, Marketing
Development for the tobacco
division. He has extensive
experience in leading large and
diverse sales organizations,
driving commercial excellence,
strengthening route to market
capabilities and delivering
sustained business growth across
highly competitive markets. He is
a management graduate from the
Faculty of Management Studies
(FMS), Delhi.
4. Disclosure of Not applicable Not applicable
relationships between
directors (in case of
appointment of a
director)
Corporate Management Office
Registered Office Voltas House 'A’ Dr Babasaheb Ambedkar Road Chinchpokli Mumbai 400 033 India
Tel 91 22 66656290 66656258 e-mail shareservices@voltas.com website www.voltas.in
Corporate Identity Number L29308MH1954PLC009371