Voltas Limited announced that Mr. Sanjay Johri ceased to be a Managing Director of the company with effect from February 10, 2018 upon expiry of his term of appointment on February 9, 2018. Mr. Pradeep Bakshi is the new Managing Director & CEO of the company with effect from February 10, 2018 for a term upto August 31, 2020, subject To Approve the shareholders at a general meeting. Mr. Anil George is the Deputy Managing Director of the company with effect from February 10, 2018 for a term upto August 31, 2020, subject to approval of shareholders at a general meeting. During his career spanning over 3 decades, Mr. Pradeep Bakshi has worked with various reputed Multinational and Indian companies in the Consumer Appliances domain - Godrej, General Electric, Electrolux Kelvinator before joining Voltas in November 2001. Mr. Pradeep Bakshi grew to the position of President & Chief
Operating Officer - Unitary Products Business Group (UPBG) in August 2013 and took additional responsibility of Mining & Construction Equipment business with effect from April 1, 2014. Mr. Pradeep Bakshi was appointed as an Executive Director of the company with effect from September 1, 2017 for a period of 3 years. Mr. Anil George, a qualified Chartered Accountant, joined Voltas in July 2010 as Executive Vice President, Corporate Affairs and CFO (designate). He was appointed as the CFO of the company in May 2011 and promoted as President (Corporate Affairs) & CFO in August 2013. Mr. Anil George was appointed as an Executive Director of the company with effect from September 1, 2017 for a period of 3 years.
Voltas Limited is an India-based air conditioning and engineering solutions provider and a projects specialist. The Company's segments include Unitary Cooling Products, Electro - Mechanical Projects and Services, and Engineering Products and Services. Unitary Cooling Products segment includes manufacturing, selling and after sales services of cooling appliances and cold storage products, and facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, retrofits and energy management, among others. Electro - Mechanical Projects and Services segment includes electro-mechanical projects, such as electricals, heating, ventilation and air conditioning, plumbing, extra low voltage and specialized services, and water solutions, such as comprises water treatment solutions for industrial, oil and gas and domestic sewage segments, among others. Engineering Products and Services segment includes textile machinery and mining and construction equipment.