Tejas Networks Limited announced that Mr. Sanjay Nayak, Chief Executive Officer (CEO) and Managing Director (MD) has expressed his desire to seek voluntary retirement from the services of the Company to pursue other personal interest. Mr. Nayak would step down from his role as CEO and MD by the next Annual General Meeting of the company. The Board of Directors has considered his request and accepted the same.

The Board placed on record their appreciation for the contribution made by Mr. Sanjay Nayak, during his tenure as CEO and MD of the Company. Based on the recommendation of the Nomination and Remuneration Committee, the Board considered and approved the appointment of Mr. Anand Athreya as the CEO and MD designate of the Company and he will join the Company effective April 3, 2023. Mr. Atherya would be appointed as CEO and MD post all regulatory and shareholders approvals.

Mr. Athreya has more than 25 years of highly technical and managerial experience in telecom equipment, networking, and software industries. He was the Executive Vice President & Chief Development Officer of Juniper Networks since 2017 and he served as Senior Vice-President of the Routing Business Unit for 3 years prior to his current role. Mr. Athreya was with Juniper Networks since 2004 until November 2022.

Mr. Athreya earned his B.E. in Electrical Engineering from Bangalore University, India, and M.Tech in Computer Science and Engineering from Osmania University, India. He later moved to USA and obtained Master's in Business Administration (Hons.) from National University, CA. He also attended the Advanced Management Program at Harvard Business School.