ScoutQuest23 Oct 2026
Pitti Engineering513519Leadership appointment or

Board approves two senior management re-designations and one promotion

New Deputy CEO: Sandip Agarwala (was COO – Motor & Generator Components Business).

By ScoutQuest · · 2 min read

Effective Date
22nd October 2026
Deputy CEO Appointed
Sandip Agarwala, was COO – Motor & Generator Components Business
Promotion to Deputy COO
Avinash Arun Patil, was President – Maharashtra Operations

Three changes, one board meeting

The Board of Directors met on 22nd October 2026 and approved a reshuffle of senior roles, all effective from the same date.

Who the three executives are

Agarwala, 50 years, has over 13 years of experience at the company, which he joined in May 2013. He holds a Post Graduate Diploma in Business Management and ran the Motor & Generator Components Business as its Chief Operating Officer. In his new role he will support the overall leadership and strategic direction of the company.

Sundaresh, 48 years, is a commerce graduate with over two decades of experience in the electrical laminations and manufacturing industry, and has been Deputy Chief Operating Officer since May 2024. He now takes charge of the Motor & Generator Components Business as Chief Operating Officer.

Patil, 44 years, holds a Diploma in Mechanical Engineering, a Bachelor's degree in Mechanical Engineering and a tailor-made e-MBA (AYEP), with over 24 years of experience in operations management, strategic sourcing, supply chain management and cost transformation. He joined the company in May 2024, oversees Maharashtra operations, and earlier held leadership positions at CG Power and Industrial Solutions Limited.

What changes for the business

The Motor & Generator Components Business gets a new operating head, and a Deputy Chief Executive Officer role now sits above it. All three are existing executives of the company moving into new roles.

The takeaway

The announcement is about who holds which title. It sets out the new designations, the effective date and brief profiles of each of the three executives.

More numbers
  • Age of Sandip Agarwala50 years
  • Experience of Sandip Agarwala at the companyover 13 years
  • Age of Chaitra Sundaresh48 Years
  • Experience of Chaitra Sundaresh in the industryover two decades
  • Age of Avinash Arun Patil44 years
  • Experience of Avinash Arun Patilover 24 years
Source: BSE · 23 Oct 2026

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