Term of Executive Director Rajiv Malhotra extended by one year from 1 December 2026
The Board, on the Nomination and Remuneration Committee's recommendation, approved extending Shri Rajiv Malhotra's term as Executive Director (Senior Management Personnel) for 1 year with effect from 1st December 2026.
- Executive Director
- Shri Rajiv Malhotra
- Extension Period
- 1 year with effect from 1st December 2026
- Terms
- Same terms and conditions of existing employment
- Age
- About 59 years
- Experience
- More than 35 years
What was decided
The Board of Directors, at its meeting held on 30th September, 2026, and based on the recommendation of the Nomination and Remuneration Committee, approved the extension of the term of Shri Rajiv Malhotra as Executive Director (being Senior Management Personnel).
- Extension period: one (1) year
- Effective from: 1st December 2026
- Terms: the same terms and conditions of his existing employment
About the appointee
- Aged about 59 years
- Mechanical engineer and alumnus of Indian Institute of Management, Lucknow
- Holds a charter in Financial Analysis (CFA)
- More than 35 years' experience
- No relationship with directors was reported
What it means
This is a continuity decision rather than a new appointment or an exit. An existing senior management person stays on in the same role on unchanged terms, so there is no change in the leadership structure. The Board meeting commenced at 02:30 p.m. and concluded at 03:20 p.m.
More numbers
- Extension periodone (1) year
- Age of Rajiv Malhotraabout 59 years
- Experiencemore than 35 years
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