Ola Electric Navalur Shashank Appointed as Non-Executive Independent Director

Ola Electric Mobility Limited has appointed Navalur Dattatreya Singh Shashank as a Non-Executive, Independent Director, effective December 5, 2025. This appointment follows the resignation of Ananth Sankaranarayanan from the same position. Consequently, the company has revised its board committees to reflect these changes, impacting both the Stakeholders Relationship Committee and the Audit Committee.

Board Restructuring at Ola Electric

Navalur Dattatreya Singh Shashank has been appointed as an Additional Director (Non-Executive, Independent) of Ola Electric Mobility Limited, effective December 5, 2025. His term extends until December 4, 2030, subject to shareholder approval.

Director Resignation

Ananth Sankaranarayanan has resigned from his position as Non-Executive, Independent Director, also effective December 5, 2025. His departure also means he will no longer be a member of the Stakeholders Relationship Committee.

Revised Board Committee Composition

Following the appointment and resignation, the composition of the Board Committees has been revised. The new structure is as follows:

Stakeholders Relationship Committee

  • Krishnamurthy Venugopala Tenneti – Chairperson
  • Arun Sarin – Member
  • Navalur Dattatreya Singh Shashank – Member

Audit Committee

  • Manoj Kumar Kohli – Chairperson
  • Krishnamurthy Venugopala Tenneti – Member
  • Ms. Shradha Sharma – Member
  • Navalur Dattatreya Singh Shashank – Member

About Navalur Dattatreya Singh Shashank

Navalur Dattatreya Singh Shashank is not related to any Director of the Company and is not debarred from holding the office of director by any SEBI order or any other such authority.

Departure Details of Ananth Sankaranarayanan

Ananth Sankaranarayanan resigned due to increased professional commitments, as detailed in his resignation letter dated December 5, 2025. He has confirmed that there are no other material reasons for his resignation beyond those mentioned.

Source: BSE

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