Ingersoll-Rand (India) Limited announced resignation of Ms. Preeti Mohanty as Chief Financial Officer (CFO) of the Company and approved to relieve her from her roles and responsibilities as key managerial personnel with effect from end of the day on March 6, 2023. Regulations, 2015 the Board has passed a resolution to appoint Mr. P. R. Shubhakar (DIN: 06688703) as Chief Financial Officer of the Company with effect from March 7, 2023. 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.