Hindware Home Innovation Limited announce that the Nomination and Remuneration Committee recommended to the Board of Directors the appointment of Mr. Salil Kappoor as the Chief Executive Officer of the Company in its meeting held on July 17, 2023 with effect from July 11, 2023 pursuant to provisions of applicable laws. Mr. Kappoor holds a graduate degree in B.Tech and is an MBA from Faculty of Management Studies (FMS), Delhi. He brings with him over 30 years of rich and diverse experience across industries, especially in the consumer durable space.

In his earlier stints, he has served in leadership capacities in organizations such as LG Electronics, Samsung, Voltas, etc. During his latest stint, he was leading the Appliances Division at Orient Electric as the Business Unit Head. In his new role, Kapoor will lead the consumer business overseeing both Consumer Appliances and Retail divisions along with the water heater JV with Groupe Atlantic of France.

His focus will be on fostering profitable and sustainable growth, while elevating the company's market position in line with the long term objectives of the Group. As an industry veteran in consumer durables, his expertise in market expansion, innovation, and building strong customer relationships will be instrumental in further strengthening Hindware Home Innovation Limited as a key player in the industry. With a career spanning over three decades, he brings a wealth of diverse experience, having held leadership positions at leading industry brands such as LG Electronics, Samsung, Microsoft, Dish TV, and Voltas.

His last assignment was as the business unit head of appliances Business Unit at Orient Electric. Kapoor is an Engineer and also holds a Master's degree from the Faculty of Management Studies, New Delhi. He also contributes to the industry as an Executive Committee Member at the Consumer Electronics and Appliances Manufacturers Association (CEAMA) and serves as a Member of the Board of Directors at the Electronics Sector Skills Council of India (ESSCI).