Mumbai, December 22, 2025: In a significant leadership development, the Board of Directors has approved the appointment of Venkata Peri as the Group Chief Operating Officer (COO), effective December 22, 2025. The appointment follows the recommendation of the Nomination and Remuneration Committee (NRC) and was formally approved at the Board meeting held at 6:03 p.m.
The decision underscores the company’s ongoing focus on strengthening its executive leadership team and enhancing operational efficiency across business verticals as it prepares for its next phase of growth.
Appointment Details and Governance Framework
The appointment of Venkata Peri has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely disclosure of key managerial appointments and corporate decisions.
As per the company’s disclosure to the stock exchanges, Venkata Peri will join the organization’s Senior Management Personnel (SMP) cadre, assuming responsibility for driving group-wide operations, optimizing business processes, and strengthening organizational synergies across its various entities.
The Board of Directors expressed confidence in Peri’s proven leadership experience and operational acumen, which will play a pivotal role in accelerating the company’s strategic transformation and growth objectives.
Further details about his profile and responsibilities have been enclosed in the official disclosure shared with the regulatory authorities.
Venkata Peri: A Seasoned Leader with Operational Excellence
Venkata Peri brings a wealth of experience in business operations, transformation, and leadership, having held senior roles in large-scale organizations across industries. With a career marked by strong execution, governance, and people leadership, Peri’s expertise lies in designing agile operating models, driving cross-functional collaboration, and scaling efficiency across complex business structures.
As Group COO, his role will involve streamlining operational processes, enhancing organizational productivity, and reinforcing a culture of performance, innovation, and accountability across the enterprise.
Peri is also expected to collaborate closely with the executive management team and the Board to steer the company’s long-term growth strategy while maintaining focus on financial prudence, digital enablement, and sustainability-driven business practices.
Strengthening the Leadership Structure
The appointment of Venkata Peri aligns with the company’s broader strategic plan to deepen its leadership bench strength and ensure robust governance mechanisms in line with global best practices.
The Board of Directors and Nomination and Remuneration Committee (NRC) emphasized the importance of experienced leadership in ensuring operational resilience amid evolving market dynamics.
This move also highlights the company’s commitment to aligning its talent strategy with its growth ambitions, ensuring that senior executives bring not only deep operational knowledge but also a forward-looking mindset that embraces transformation and innovation.
Regulatory Disclosure and Transparency
The company has made all statutory disclosures in accordance with the SEBI (LODR) Regulations, ensuring transparency and accountability to its shareholders and stakeholders. The official announcement includes key details of Venkata Peri’s appointment, his role within the senior management, and effective dates of his assumption of responsibilities.
The company reaffirmed its dedication to maintaining the highest standards of corporate governance, adding that this appointment reinforces its leadership succession planning process — designed to ensure continuity, stability, and strong oversight across all business units.
Looking Ahead
With Venkata Peri stepping into the role of Group Chief Operating Officer, the organization enters a new phase of operational integration and business agility. His leadership is expected to further streamline decision-making, strengthen execution discipline, and enhance the company’s overall strategic positioning in an increasingly competitive business environment.
Industry observers note that this appointment reflects a broader trend among leading Indian corporates of investing in experienced operational leaders who can drive organizational excellence and ensure sustainable growth.
As the company moves forward into 2026, this leadership enhancement reaffirms its vision of delivering long-term value to stakeholders through operational innovation, strong governance, and strategic execution.
