Elgi Equipments: Independent Director Aruna Thangaraj resigns, signaling leadership transition

Elgi Equipments Limited confirmed that Aruna Thangaraj, Independent Director, has tendered her resignation, effective at the close of business on 14 April 2026. She will also step down as a member of the Nomination and Remuneration Committee, the Corporate Social Responsibility Committee, and the Stakeholders Relationship Committee. The move underscores a leadership transition at the board level as the company continues its governance oversight.

The board expressed its appreciation for the valuable contributions and guidance that Thangaraj provided during her tenure as an Independent Director. Beyond Elgi Equipments, she serves as a Non-Executive Independent Director at Shanthi Gears Limited, where she has been a member of the Audit Committee and the Corporate Social Responsibility Committee, among other governance roles.

With Thangaraj’s exit, Elgi Equipments faces a vacancy on several board and committee platforms that rely on independent oversight. The company is expected to navigate a transition plan to ensure continued balance and governance standards while it identifies a successor.

The resignation letter and related details are included in the attached annexure, and Elgi Equipments has also hosted the information on its website for broader access.