Voltas Limited at its Board of Directors meeting held on March 13, 2025, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, appointed Mr. K. V. Sridhar as the Chief Financial Officer of the Company with effect from April 1, 2025, to take over from Mr. Jitender Pal Verma consequent to his superannuation on March 31, 2025. Cessation effective from April 1, 2025. Mr. Sridhar joins Voltas from Abbott where he was the Group Finance Director.
In his earlier roles, he has held leadership positions in Danone (India and overseas) and Britannia and has extensive experience in Finance, IT, Supply Chain, Demand Planning & Procurement. Mr. Sridhar is a Chartered Accountant from ICAI and Cost & Works Accountant from ICWAI.
Voltas Limited is an air conditioning and engineering solutions provider and a projects specialist. Its segments include Unitary Cooling Products, Electro-Mechanical Projects and Services, and Engineering Products and Services. Unitary Cooling Products segment includes room air conditioners, air coolers, commercial refrigeration products, water heaters and commercial air conditioning. Electro-Mechanical Projects and Services includes electro-mechanical projects, such as electricals, heating, ventilation and air conditioning, plumbing, firefighting, extra low voltage and specialized services, water solutions comprise water treatment solutions for industrial, domestic sewage segments, and electrical and solar includes engineering, procurement and construction relating to projects of rural electrification and distribution, power augmentation and separation, and others. Engineering Products and Services segment includes textile machinery and mining and construction equipment.
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