The Board of Directors of Ingersoll – Rand (India) Limited approved the re-appointment of Mr. P. R. Shubhakar as Whole-time Director for an additional two-year term. His current tenure expires on March 6, 2026. The extension will be effective from March 7, 2026, to March 6, 2028. The board will seek subsequent shareholder approval via postal ballot for this extension.
Board Approves Director Re-appointment
Ingersoll – Rand (India) Limited announced that its Board of Directors, following a meeting held on February 12, 2026, has approved the re-appointment of Mr. P. R. Shubhakar (DIN: 06688703). Mr. Shubhakar, currently serving as the Whole-time Director, designated as Chief Financial Officer & Company Secretary, will have his term extended.
New Tenure Details
The existing term for Mr. Shubhakar concludes on March 6, 2026. The board has approved his re-appointment and extension for a further period of two years, commencing on March 7, 2026, and concluding on March 6, 2028. Shareholder approval will be sought subsequently via postal ballot as required by regulations.
Profile of Mr. P. R. Shubhakar
Mr. Shubhakar is approximately 60 years old and is a qualified Chartered Accountant and Company Secretary, holding a Bachelor of Commerce degree from Bangalore University. He joined the Company in August 2000 and possesses over 25 years’ service with the organization. His extensive experience covers General & Financial Management, Controllership, Financial Planning & Reporting, Taxation, Banking, Treasury, and Risk Management. He will continue in his roles as Company Secretary & Compliance Officer.
Compliance and Shareholding Information
It was confirmed that Mr. Shubhakar holds 100 Equity Shares in the Company. Furthermore, he is not disqualified from continuing as a Director under Section 164 of the Companies Act, 2013, and is not currently debarred by any SEBI order or other authority.
Source: BSE
