VA Tech Wabag Limited approved the appointment of Mr. Pankaj Malhan as Deputy Managing Director (Key Managerial Personnel) of the Company with immediate effect i.e., December 07, 2022. Consequent to the above, the Board considered and approved the re-designation of Mr. Rajiv Mittal from "Chairman cum Managing Director and Group CEO" to "Chairman and Managing Director" of the Company with immediate effect i.e., December 07, 2022. The Board also considered and approved the appointment of Mr. Anup Kumar Samal as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with immediate effect i.e., December 07, 2022.

Mr. Pankaj Malhan is a Graduate in Engineering (Instrumentation & Control) from REC Jalandhar and a Post graduate in Business Management from XLRI Jamshedpur. Prior to joining Wabag, he was working with JSW Group as Whole Time Director and Executive Vice President where he led the Coated Steel business generating annual turnover of over INR 350,000 million. He has over 25 years of experience of diverse experience and has a demonstrated track record of achieving turnarounds and business growth with a wide variety of leadership teams. Mr. Anup Kumar Samal has over 24 years of post-qualification experience in Secretarial, Legal and Corporate Affairs in various Companies viz.

Tejas Networks Limited, Hindustan Aeronautics Limited, GMR Group (both Infrastructure and Airport) etc.