Exide Industries Limited its Board of Directors meeting held on April 30, 2024, took note of the retirement of Mr. Sbir Chakraborty as Managing director of the company with effect from close of business hours of 30th April 2024. He would cease to be MD as well as member of Board of Directors of the company from the close of business hours of this day. The Board of Directors took note of the retirement of Mr. Arun Mittal as Whole-time Director (Director - Automotive) of the Company with effect from close of business hours of 30th April 2024.

He would cease to be a member of Board of Directors of the company from the close of business hours of this day. Based on the recommendation of the Nomination & Remuneration committee, the board of Directors have nominated Mr. Manoj Kumar Agarwal as Senior Management Personnel by inducting him as member of the executive committee (ExCom) of the company with effect from 1 May 2024. Mr. Manoj Kumar Agarwal joined the Company as Deputy Chief Financial Officer & President-IT & Commercial on 2nd February 2023.

Mr. Manoj Kumar Agarwal holds a bachelor's degree m commerce from University of Calcutta. He is a member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India. He has more than 29 years' experience in the field of finance & accounts, treasury, taxation, insurance, procurement, IT, merger & acquisition, IPO, export & impo11, and compliance.

Prior to joining Exide, he worked with Tega Industries Limited, Vedanta Limited and Alpha Overseas International Ltd. for substantial years.