Ingersoll-Rand (India) Limited announced board of directors at their meeting held on March 6, 2023 taken note of resignation of Mr. Inder Arora, as Manager with effect from end of the day on March 6, 2023. The board also appointed Mr. P. R. Shubhakar (DIN: 06688703) as an Additional Director of the Company under executive category with effect from March 7, 2023. The board also approved resignation of Ms. Preeti Gupta Mohanty as whole-time director of the Company with effect from end of the day on March 6, 2023.

The board also approved resignation of Mr. Amar Kaul, as Non-Executive Director cum Chairman of the Board with immediate effect. Mr. Inder Arora, aged about 46 years, is a Mechanical Engineer from Panjab University and Certified Six Sigma Black Belt He has more than two decades of experience in various capacities in engineering and business management in national and international environment with strong and in-depth experience of new business opportunities. He has Management and Business Development experience in Industrial Products, Energy & Utilities sector.

He joined Ingersoll Rand (India) Limited in March 2012 and served as Leader Program Management ­ Industrial Technologies sector prior to assuming role as "Manager" under Companies Act, 2013 designated as Business Director for Industrial and High Pressure Business. Mr. P. R. Shubhakar, aged about 57 years, holds a degree in Bachelor of Commerce from Bangalore University, qualified Chartered Accountant and a qualified Company Secretary. He has joined the Company in August 2000, held various roles with increasing responsibility during his tenure of 22+ years.

He has extensive knowledge and experience in areas of General & Financial Management, Controllership, Credit & Collection, Financial Planning & Reporting, Direct & Indirect Taxation, Banking & Treasury, Risk Management, Controls & Compliance etc. He will continue to be the Company Secretary & Compliance Officer of the Company.