BSECompany Update4d ago · 1 Sept 2026, 11:40 am

Intimation regarding the appointment of Senior Management Personnel

Elgi Equipments Ltd · 522074

✦ AI SummaryMgmt Change

Elgi Equipments Ltd has announced the appointment of Mr. Vikas Thiruvalluru as Senior Management Personnel, effective September 1, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Elgi Equipments Ltd - 522074 - Announcement under Regulation 30 (LODR)-Change in Management

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September 1, 2026 National Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G, Bandra Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 NSE Symbol: ELGIEQUIP BSE Scrip Code: 522074 Dear Sir/Madam, Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) this is to inform that, based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company vide their Circular Resolution passed today, has approved the appointment of Mr. Vikas Thiruvalluru, President and Head - GPMO, as Senior Management Personnel of the Company with effect from September 1, 2026. The relevant details as required under the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure - A. The above intimation is also being hosted on the website of the Company at www.elgi.com. We request to kindly take the above intimation on records. Thanking you, Yours faithfully FOR ELGI EQUIPMENTS LIMITED ROHIT GUPTE COMPANY SECRETARY AND COMPLIANCE OFFICER MEMBERSHIP NO.: A12422 Annexure – A Details under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sl. Particulars Details 1. Name of the Senior Management Mr. Vikas Thiruvalluru, President and Head - GPMO Personnel 2. Reason for change Appointment 3. Date of appointment / cessation (as September 1, 2026 applicable) & term of appointment 4. Brief Profile (in case of appointment) Mr. Vikas Thiruvalluru, holds an MBA in Finance & Marketing from the Indian School of Business (ISB), Hyderabad and a B.E (Hons.) in Electrical & Electronics Engineering from BITS Pilani. Prior to joining ELGi in March 2026, he was the Chief Operating Officer (COO) at Jayem Automotives Private Limited, Coimbatore, where he led new business initiatives, operational strategy, and scale-up programs. Mr. Vikas Thiruvalluru is a seasoned business leader with over two decades of experience spanning across P&L management, global operations, strategy, market expansion, and organizational transformation. He carries a proven track record of driving sustainable growth, building high-performing teams, and strengthening market competitiveness across geographies. Mr. Vikas Thiruvalluru began his career in technology, working with Oracle in product development roles within Oracle Financials and the Flexcube platforms. He subsequently moved to Monitor Deloitte where he led projects for growth & strategy, operations and business transformation across multiple sectors. Thereafter, he joined Rexnord where he held multiple progressive roles including MD for Rexnord India and global commercial lead for high-performance coupling portfolio. 5. Disclosure of relationships between Not Applicable directors (in case of appointment of a director)