Mr. Shekhar Bajaj is the Chairman and Non‑Executive Director of the Company. He has been a Director of the Company since incorporation of the Company.

He holds a Bachelor of Science (Honours) in Mathematics from Pune University and an MBA from New York University, USA.

Mr. Shekhar Bajaj is an experienced industry leader with long‑standing involvement in consumer electricals, manufacturing, infrastructure and investment businesses. He is the Chairman of Bajaj Electricals Limited, Hercules Investments Limited (formerly known as Hercules Hoists Limited) and Bajaj Holdings & Investment Limited.

He serves on the Boards of, inter alia, Bajel Projects Limited, Hind Musafir Agency Limited, Bajaj Sevashram Private Limited, Bachhraj Factories Private Limited, Shekhar Holdings Private Limited, Bajaj International Private Limited, Hind Lamps Private Limited, Bhoopati Shikshan Pratisthan (Section 8 Company), Mahakalp Arogya Pratisthan and Council for Fair Business Practices (Section 8 Company).

In the past, Mr. Shekhar Bajaj has held leadership roles in various industry bodies including ASSOCHAM, IMC, ELCOMA (Electric Lamp & Components Manufacturers Association), IFMA (Indian Fans Manufacturers Association) and the Council for Fair Business Practices.

He has also actively supported and led several Corporate Social Responsibility initiatives, with a focus on health, ethical business practices and social responsibility.

Mr. Amit Bhalla (DIN: 08215712), is the Managing Director of the Company and is responsible for the overall management, strategic direction and operations.

He holds a Bachelor’s degree in Chemical Technology and has completed a Post‑Graduate Programme in Management, specialising in Strategic Marketing and Analytical Finance.

Mr. Amit Bhalla has over 20 years of experience across strategy, corporate planning, sales and marketing, with strong exposure to strategic planning, market development, mergers and acquisitions, and system and process enhancement.

Prior to his appointment as Managing Director of the Company, he served as President and Chief Executive Officer of Hercules Investments Limited (earlier known as Hercules Hoists Limited), and played a key role in driving operational performance and transition of the manufacturing business following the demerger. Earlier, he was associated with Bajaj Electricals Limited in a strategic leadership role, where he was responsible for strategic business planning, business transformation initiatives, and manufacturing improvement.

Earlier in his career, Mr. Amit Bhalla was associated with Shapoorji Pallonji & Company Limited, Navin Fluorine International Limited, Frost & Sullivan, Waters India Private Limited, and Supreme Petrochem Limited.

Ms. Pooja Bajaj (DIN: 08254455) is a Non Executive Director of the Company.

She is a Commerce Graduate with a specialisation in Foreign Trade and holds a Post Graduate Diploma in Human Resource Management from St. Francis College for Women (Hyderabad) affiliated to Osmania University. She is the Executive Director CSR-ESG in Bajaj Electricals and, also the Director of Kamalnayan Bajaj Hall & Art Gallery since October 2024.

On the philanthropic front, she has led initiatives like Swadheen Exhibition for the promotion of khadi, and serves as a trustee at Laxmi Narayan Devastanam Trust-Wardha. She is also a committee member of the Ladies wing of IMC Charmers of Commerce and Industry.

Her academic and professional pursuits include a Mini MBA in Management Essentials from the faculty of NYU Stern School of Business 2012, a Financial Awareness and Literacy Programme from Millennium Mams in 2011. She also participated in the Fourth Commonwealth-India Small Business Competitiveness Development Programme in 2006.

She was a Gold Medallist in Commerce (97%, ISC Board) from Nasr School, Hyderabad (A.P.) class of 1999-2000, and served as Head Girl, recognized for her leadership qualities, and went on to receive the Bachelor’s Excellence Proficiency Award for the academic year 2000-2001.

She serves on the Boards of, inter alia, Bajaj Electricals Limited and Madhur Securities Private Limited.

Mr. Vandan Shah (DIN: 00759570) is a Non‑Executive Director of the Company.

He is a seasoned entrepreneur and business leader with over three decades of experience in the manufacturing sector, particularly in aluminium die‑casting and industrial components. He is associated with Sipra Engineers Private Limited, a manufacturer serving automotive and industrial customers with operations in India and an international presence through Sipra USA, Inc.

Mr. Vandan Shah has extensive board‑level experience and has served on the boards of companies including Hind Rectifiers Limited and Hercules Investments Limited, and brings deep expertise in manufacturing operations, business development and strategic leadership.

He holds a Bachelor’s degree in Industrial Engineering and has pursued his education at institutions including RV College of Engineering, St. Xavier’s College, The Doon School, and La Martiniere College.

His experience and industry knowledge contribute meaningfully to the deliberations and governance of the Board.

Mr. Jayavanth Kallianpur Mallya (DIN: 00094057) is an Independent Director of the Company.

He holds a Bachelor of Commerce degree from the University of Mysuru and is a qualified Chartered Accountant as well as a qualified Company Secretary. He is an Associate Member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India.

Mr. Jayavanth Mallya has over four decades of extensive corporate experience across diverse areas including accounts, taxation, secretarial practice, legal and regulatory compliance, finance, insurance and business restructuring.

During his professional career, he has been associated in senior leadership roles with companies belonging to reputed business groups, including Jamnalal Sons Private Limited, ICDS Limited (Manipal Group), Mukand Global Finance Limited, E‑Merck (India) Limited, and Mukand Limited, where he held responsibilities encompassing company secretarial, legal and senior operational functions.

He currently serves on the Board of Vidyavihar Containers Ltd, Hercules Investments Limited (formerly known as Hercules Hoists Limited).

His broad expertise in corporate governance and compliance provides valuable guidance and oversight to the Board.

Mr. Vikram Taranath Hosangady is an Independent Director of the Company.

He is a seasoned finance professional and business leader with over 25 years of experience in advising corporates and investors on value creation, governance, and strategic transformation. His professional career includes extensive exposure to working with founders, boards and management teams of listed and unlisted companies across sectors.

Mr. Vikram Hosangady is a Gold Medallist in Commerce from Loyola College, Chennai, and is a member of the Institute of Chartered Accountants of India and the Institute of Cost Accountants of India.

He was associated with KPMG from 2005 to 2022, where he held various leadership roles and last served as Head – Clients and Markets and Member of the India Leadership Team. Prior to this, he worked with EY in the Deal Advisory practice and with Arthur Andersen in the Audit practice.

He serves as Director on the Boards of Bajaj Electricals Limited, MRF Limited, Chemplast Sanmar Limited, and Rane (Madras) Limited.

His experience in finance, governance, and strategic leadership contributes effectively to the oversight and decision‑making responsibilities of the Board.

Mr. Mahendrakumar Gohel (DIN: 09425947) is an Independent Director of the Company.

He is a Practicing Chartered Accountant since Year 1986. He was a Partner of M/s A. K. Jhunjhunwala & Co., Chartered Accountants, Mumbai, for the period from 01/04/1989 to 31/01/2023. He is currently a Partner of M/s AMJ & Co., Chartered Accountants, Mumbai, for the period from 01/04/2007 onwards till date. He has rich and varied experience in the fields of corporate accounts, taxation and corporate laws. He has served as statutory auditor and internal auditor of several companies with diverse business activities nationalized banks, public sector undertakings as well as Section 8 Companies, Charitable Trusts/Institutions.

He serves on the Board of Bajaj Finserv Mutual Fund Trustee Limited, The Hindustan Housing Company Limited and Hercules Investments Limited.

Mrs. Girija Balakrishnan (DIN: 06841071) is an Independent Director of the Company.

She is a law graduate from the National Law School of India University, having completed her graduation in 1993, and is a member of the Bar Council of Karnataka. She joined Malvi Ranchoddas & Co. as an associate in November 1993 and became a partner in April 2001. She currently serves as managing partner at the firm.

Mrs. Girija Balakrishnan has over three decades of experience in corporate and commercial laws, with specialization in Corporate Laws, Mergers and Acquisitions, Commercial Laws, Foreign Direct Investment, Joint Ventures and Foreign Collaborations. She has advised and represented clients before various courts, tribunals and regulatory authorities.

She serves / has served as an Independent Director on the Boards of INOX India Limited, GFL Limited, IG Petrochemicals Limited, INOX Infrastructure Limited, Hercules Investments Limited, and Solar Industries India Limited, and is also a Director of Lingamaneni Land Marks Developers Private Limited.

Her professional expertise and governance experience add significant value to the Board and its decision‑making processes.