Indus Towers Limited announced a change in its Senior Management Personnel (SMP). Current Chief Operating Officer (COO), Mr. Tejinder Singh Kalra, will retire upon superannuation effective August 31, 2026. Following board approval on March 30, 2026, Mr. Venkatesh Tiwari has been appointed as the new COO starting April 01, 2026. Mr. Kalra will assist in a structured transition, stepping down as SMP on July 01, 2026, but remaining with the company until his retirement.
Senior Management Personnel Update
Indus Towers Limited has formally announced a significant transition within its Senior Management Personnel (SMP) team, as required under applicable disclosure requirements. The announcement, dated March 30, 2026, outlines the retirement of the current Chief Operating Officer (COO) and the subsequent appointment of his successor.
Cessation of Current COO
Mr. Tejinder Singh Kalra, the incumbent COO, is scheduled to retire from the Company effective August 31, 2026, upon attaining superannuation. The Board expressed sincere appreciation for his contributions in driving operational excellence and strategic initiatives. Structurally, Mr. Kalra will cease to be an SMP effective July 01, 2026, but will continue employment until his retirement date to facilitate a structured transition process.
Appointment of New COO
The Board of Directors, upon the recommendation of the HR, Nomination and Remuneration Committee, has approved the appointment of Mr. Venkatesh Tiwari as the new COO of the Company. This appointment is effective from April 01, 2026, marking his entry into the SMP.
Profile of Appointed COO
Mr. Venkatesh Tiwari brings nearly 28 years of leadership experience across e-commerce, telecommunications, consumer electronics, and logistics. His expertise spans P&L ownership, large-scale operations, and supply chain management. Most recently, he held multiple leadership roles at Amazon, where he launched Quick commerce offerings in India and managed significant cross-functional teams across delivery ecosystems. Prior roles included senior positions at Samsung, Airtel, and Perfetti. Mr. Tiwari holds a B. Tech in Electronics and Communications (1996) and an MBA in Marketing and International Business (1998).
Transition Schedule Summary
| Particular | Tejinder Kalra (Outgoing) | Venkatesh Tiwari (Incoming) |
|---|---|---|
| Change Reason | Cessation as SMP (post COO) and retirement on superannuation | Appointment |
| Effective Date of Cessation/Appointment | Cessation as SMP – July 01, 2026; Superannuation – August 31, 2026 | April 01, 2026 |
Source: BSE
