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Board of Schneider Electric President Systems appoints CFO and KMP

Schneider Electric President Systems announced that the Board of Directors of the Company at its meeting held on 21 May 2015, inter alia, have transacted the following :

- Damodar Kalavala has been appointed as the Chief Financial Officer and Key Managerial Personnel of the Company with immediate effect.

- Further the Board, subject to the approval of the Shareholders, has re-appointed Swaminathan Venkatraman as Managing Director of the Company for a further period of two years effective 13 August 2015.

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