VA Tech Wabag has informed about outcome of the meeting of the Board of Directors (Board) of the Company held today, Wednesday, December 07, 2022: In line with the ongoing succession plan of the senior leadership team and enhancement of the management bandwidth, based on the recommendation of Nomination and Remuneration Committee, the Board considered and approved the appointment of Pankaj Malhan as Deputy Managing Director and Group Chief Executive Officer (Key Managerial Personnel) of the Company with immediate effect, December 07, 2022. Consequent to the above, the Board considered and approved the re-designation of Rajiv Mittal from 'Chairman cum Managing Director and Group CEO' to 'Chairman and Managing Director' of the Company with immediate effect, December 07, 2022; The Board also considered and approved the appointment of Anup Kumar Samal as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with immediate effect, December 07, 2022.The required disclosures pursuant to SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015 are given below as Annexure A. The Board meeting commenced at 2.35 PM and concluded at 2.55 pm.
The above information is a part of company’s filings submitted to BSE.