Exicom Tele-Systems Limited (NSE:EXICOM) disclosed on August 05, 2026, under Regulation 30 of SEBI Listing Regulations, that Mr. Sandeep Anand will retire on superannuation effective August 24, 2026, and Mr. Tarak Nath Mukherjee will be designated Senior Management Personnel from August 25, 2026.
Key Highlights
- Mr. Sandeep Anand ceases to be Senior Management Personnel upon superannuation at the close of business on August 24, 2026.
- Mr. Tarak Nath Mukherjee, Head of Strategic Sourcing, is appointed Senior Management Personnel effective August 25, 2026.
- The change was approved by the Nomination, Remuneration and Compensation Committee at its meeting held on August 05, 2026.
- The disclosure was made under Regulation 30 read with Schedule III, Part A of SEBI Listing Regulations, as required for listed companies.
About the Company
Exicom Tele-Systems Limited (NSE:EXICOM), headquartered in Gurugram, Haryana, is engaged in the design and manufacture of power systems, EV charging solutions, and DC power equipment for telecom, industrial, and electric vehicle applications. The company operates manufacturing facilities in India and serves customers across telecom operators, EV infrastructure developers, and enterprise segments.
Announcement in Detail
The Nomination, Remuneration and Compensation Committee of Exicom Tele-Systems met on August 05, 2026, and approved two personnel changes in Senior Management. Mr. Sandeep Anand will demit office upon reaching the age of superannuation, with his last working day recorded as August 24, 2026. The company acknowledged his contributions and wished him well in future endeavours.
Mr. Tarak Nath Mukherjee, currently serving as Head of Strategic Sourcing, will step into the Senior Management Personnel designation from August 25, 2026. He holds a Bachelor of Engineering in Electrical and a Post Graduate Diploma in Business Administration in Operations Management, and brings over 24 years of experience spanning procurement, strategic sourcing, production planning and control, and end-to-end supply chain management across electronics, electrical, and electro-mechanical manufacturing industries.
Impact on Investors
The filing shows this is a planned retirement transition rather than an abrupt departure, which investors will note carries a lower operational disruption risk compared to a resignation or removal. The disclosed terms indicate continuity in the strategic sourcing function, as the incoming designate already serves as Head of Strategic Sourcing within the company.
Shareholders will observe that the change affects a functional leadership role rather than a board-level position. No alteration to the board composition, share capital, or financial commitments has been disclosed in this filing. The disclosed information does not indicate any change in the company's stated business direction or financial obligations.
Sector / Market Context
India's EV charging infrastructure and power electronics sectors have seen increasing regulatory and policy attention, with the government's FAME scheme and subsequent state-level EV policies driving demand for domestic charging equipment manufacturers. Supply chain localisation, a core area of Mr. Mukherjee's expertise per the filing, has become a strategic priority across electronics manufacturing in India, as highlighted by the PLI scheme for advanced chemistry cells and electronic components. Stable senior management transitions in this environment are broadly viewed as operationally constructive for companies competing in fast-growing, capital-intensive segments.