Nelco Limited announced Mr. Anand Agarwal (Non ­ Executive Non-Independent Director) resigned from the Board of Directors of the Company with effect from 26th April 2022 to facilitate restructuring of the Board of Nelco Ltd. as per the decision of Parent Company i.e. The Tata Power Company Ltd. The Board of Directors at its meeting held on 26th April 2022 approved the Appointment of Mr. Saurabh Ray as an Additional Director (Non-Executive Non-Independent Director) of the Company with effect from 26th April 2022. Saurabh Ray has worked for more than 27 years in Information Technology and services industry. Currently working at The Tata Power Company Ltd. (TPCL) as the Head of Enterprise Application.

Prior to TPCL, Mr. Ray was working as Vice President in Wipro Ltd. for 3 years managing the global delivery of one of the business units. Before that he spent 23 years in Tata Consultancy Services playing various management roles. His area of expertise is related to Business Strategy, Sales and Delivery, Technology Transformation.