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.
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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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Full Announcement
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)