Johnson Controls-Hitachi Air Conditioning India Limited informed that the Board of Directors of the Company at its meeting held on 30th June, 2023. Accepted the resignation of Mr. Gurmeet Singh as Managing Director and Director of the Company effective from close of business hours on 30th June, 2023. Appointed Mr. Sanjay Sudhakaran as Managing Director of the company for a period of 3 (Three) years with effect from 1st July, 2023, subject to the approval of the shareholders of the Company.

Mr. Sanjay Sudhakaran is a Bachelor of Engineering (Production Engineering), with more than 25 years of exposure to multiple sectors and cultural settings within organizations such as Schneider Electric, Otis Elevator, United Technologies and Carrier Corporation. Mr. Sudhakaran started his career in 1993 with Carrier Corporation and was the Regional Director for ASEAN and India when he left in 2011. He also served as the Country Head and Managing Director of Carrier Commercial Refrigeration.

He also worked with United Technologies as Managing Director, Buildings and Industrial Solutions, and with Otis Elevator as Senior Director, Asia Pacific, Mergers & Acquisitions, Sales and Marketing before joining Schneider Electric in 2019. Since 2021, Mr. Sudhakaran has been the Managing Director and Chief Executive Officer of Schneider Electric Infrastructure Ltd. He has held multiple P&L and commercial roles, while also having the experience of driving manufacturing related initiatives to drive profitability in businesses he has led. He has extensive experience in driving cost management and has led several productivity initiatives.

In his various roles, he has been responsible for Marketing, Sales and service Operations.