Greaves Cotton Limited announced that the recommendation of Nomination and Remuneration Committee and subject To Approve the shareholders, the Board of the Directors of the Company through circular resolution has approved the appointment of Mr. Mangalath Unnikrishnan (DIN: 01460245) as an Additional and Independent Director of the Company for period of 5 years with effect from 01st April, 2024. Mr. Mangalath Unnikrishnan is the CEO of IITB-Monash Research Academy, a research institute dedicated to a PhD program in cutting edge technologies and management, jointly promoted by IIT Bombay and the Monash University of Australia. He has previously held the position of Managing Director & CEO of Thermax Group for over 13 years and played a pivotal role in the growth, professionalisation and globalisation of the company.

He is the Chairperson of Research Council of Central Mechanical Engineering Research Institute, Durgapur. He serves as a director of IIT Palakkad Technology Innovation Hub Foundation and on the board of several other listed and unlisted companies. He is also a member of the Apex Council for the selection and mentoring of the Prime Minister's Research Fellowship for Doctoral Research.

He is a graduate in Mechanical Engineering from VNIT, Nagpur, he has also completed his Advanced Management Program from the Harvard Business School, Boston, USA. He continues to be a keen student of energy, environment, and management.