The Board Meeting of the Voltas Limited held on August 2, 2017, the Directors have based on the recommendation of Nomination and Remuneration Committee, approved the appointment of Mr. Noel N Tata as the Chairman of the company, in view of retirement of Mr. Ishaat Hussain. Mr. Noel N Tata, will take charge as Non Executive Chairman of the Board of Directors of the Company with effect from September 1, 2017. Mr. Noel N Tata, is a Director of Voltas Limited for the past over 14 years, since January 2003. In addition, he is the Chairman of Tata Investment Corporation Limited and Trent Limited and Managing Director of Tata International Limited. He is also on the Board of several other companies, including Titan Company Limited and Smiths Group plc.