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Appointment of Mr. A. Soni as Deputy Managing Director, Voltas Limited
April 10, 2001

The Board of Directors of Voltas Limited, has today, appointed Mr. A. Soni, presently an Executive Director of the Company, as the Deputy Managing Director with immediate effect and as the Managing Director of the Company effective 27th October, 2001, upon the retirement of Mr. N.D. Khurody, the present Managing Director of the Company.

Mr. Soni, a Chartered Accountant, joined Voltas in April 1990 as General Manager (Finance). He was appointed as Vice-President (Finance & Operations) in September 1999 and joined the Board of Voltas in September 2000.

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