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Board appointed Sanjay Kshirsagar as Additional Director and Whole Time Director and Chief Executive Officer for three years from 1 September 2026 to 31 August 2029, subject to shareholder approval. The appointment formalizes the planned management succession and brings continuity from his role as CEO Designate. He has over 34 years of projects and manufacturing experience, including leadership of M&M engine plants. Execution continuity is positive for the company’s engine-manufacturing operations, but shareholder approval remains pending; remuneration and other appointment terms were not disclosed.