The Board of Directors of Federal-Mogul Goetze (India) Limited at its meeting held on January 8, 2026, approved the appointment of Mr. Varun Dua as an Additional Director Executive Non-Independent) of the Company, as recommended by the Nomination and Remuneration Committee with effect from January 12, 2026 subject to obtaining a valid Director Identification Number from the Central Government. Mr. Varun Dua is a finance professional with over 20 years of experience in strategic and operational finance leadership roles at Fortune 100 companies, including General Electric and Walmart, as well as private equity and venture capital-backed companies. He joined Tenneco in March 2024 and currently serves as Vice President of Treasury and M&A, based in Northville, Michigan, USA.
Mr. Dua began his career in public accounting and subsequently worked in risk consulting at Ernst & Young. He spent 13 years at General Electric, progressing through global leadership programs and finance roles across CFO, FP&A, manufacturing finance, supply chain, and controllership, with assignments in the United States, Europe, and Asia. He later held senior finance leadership roles at Walmart International and at Visby Medical, where he led FP&A and operations finance.
Mr. Dua holds an MBA from the University of Chicago Booth School of Business and an MBA in Finance and Marketing from Narsee Monjee Institute of Management Studies, Mumbai. He is also a Chartered Accountant.
