Schneider Electric Infrastructure Limited said its board approved the audited financial results for the fourth quarter and financial year ended March 31, 2026, at a meeting held on May 28. The board also approved the statement of assets and liabilities and statement of cash flows as on that date. The audited results cover the period from April 1, 2025, through March 31, 2026.
The board reappointed Udai Singh as Managing Director and Chief Executive Officer for a three-year term effective September 15, 2026, subject to shareholder approval. Singh holds a bachelor's degree in Electrical Engineering from IIT (BHU) Varanasi and has over 33 years of experience across sales, marketing, projects, and manufacturing operations. He joined L&T in 1991 and continued with the electrical and automation business when it was acquired by Schneider Electric India Private Limited in August 2020. Prior to his current role, Singh was heading Sales and After Sales for India, SAARC, and MEA along with key account management. Singh holds 500 equity shares in the company.
The board approved a notice of postal ballot to seek shareholder approval for material related party transactions with Schneider Electric IT Business India Private Limited. The notice and related details will be circulated to stock exchanges in due course.
The 16th annual general meeting has been convened for September 10, 2026. Shareholders will vote on the reappointment of Udai Singh as MD and CEO at the meeting. The annual report for FY 2025-26 and the AGM notice will be intimated to stock exchanges separately. The board meeting commenced at 5:13 PM and concluded at 6:17 PM.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.