Voltas Limited Appoints Zubin S. Dubash as an Independent Director
August 09, 2019 at 02:53 pm EDT
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Voltas Limited at its Annual General Meeting (AGM) of the Company held on August 9, 2019 approved the appointment of Mr. Zubin S. Dubash as an Independent Director of the company for a term of five years with effect from August 9, 2019. Mr. Zubin S. Dubash was Executive President of ATC Tires Private Limited. He was the Managing Director and Head India, DSP Merrill Lynch Limited., Global Private Equity and the Group CFO and a key member of the leadership team of WNS Holdings Limited (NYSE listed company). Mr. Zubin S. Dubash was (prior to 2005) associated with the Tata Group, including as Director, Tata Financial Services, a division of Tata Sons and also as an Executive Director of Indian Hotels. Presently, he is Chief Operating Officer of Warburg Pincus India Private Limited and is on the Board of Trent Limited and Tata Investment Corporation Limited as an Independent Director.
Voltas Limited is an India-based air conditioning and engineering solutions provider and a projects specialist. The Company's segments include Unitary Cooling Products, Electro - Mechanical Projects and Services, and Engineering Products and Services. Unitary Cooling Products segment includes manufacturing, selling and after sales services of cooling appliances and cold storage products, and facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, retrofits and energy management, among others. Electro - Mechanical Projects and Services segment includes electro-mechanical projects, such as electricals, heating, ventilation and air conditioning, plumbing, extra low voltage and specialized services, and water solutions, such as comprises water treatment solutions for industrial, oil and gas and domestic sewage segments, among others. Engineering Products and Services segment includes textile machinery and mining and construction equipment.