Jupiter Wagons Limited has appointed Mr. Mark Damian Stevenson as an Additional Director in the category of Non-Executive Non-Independent Director, effective December 15, 2025. The appointment is subject to shareholder approval and Mr. Stevenson is liable to retire by rotation. Mr. Stevenson, graduated from the University of Oxford and a qualified Chartered Accountant, brings extensive experience in the rail industry, enhancing the company’s leadership team.
New Leadership Addition
Jupiter Wagons Limited announced the appointment of Mr. Mark Damian Stevenson as an Additional Director to its Board, effective December 15, 2025. He will serve as a Non-Executive Non-Independent Director.
Appointment Details
The decision to appoint Mr. Stevenson was based on the recommendations of the Nomination & Remuneration Committee. The appointment is subject to the approval of the shareholders, and Mr. Stevenson is liable to retire by rotation.
Executive Profile
Mr. Mark Damian Stevenson graduated from the University of Oxford with a degree in Modern Languages and is a qualified Chartered Accountant (ICAEW). He has over three decades of leadership experience in the European freight railcar leasing and financial sectors, including a role as acting CEO of VTG AG. During his leadership, the company’s equity value saw an increase, with share prices rising from USD 13.50 to USD 122.00.
Postal Ballot
The Company will seek shareholder approval for the appointment through a postal ballot. Details regarding the postal ballot process and timelines will be communicated in due course.
Source: BSE