In a significant move poised to shape the landscape of India’s energy sector, Livguard, a prominent name in energy storage and solar solutions under the SAR Group, announced on April 23, 2025, the appointment of Sameer Nagpal as its new Managing Director & Chief Executive Officer. With a distinguished career spanning over three decades across diverse industries, Nagpal steps in to steer Livguard towards its next chapter of expansion and pioneering solutions.
Sameer Nagpal’s mandate as MD & CEO is clear: propel Livguard to the forefront of the energy storage and solar industry. The company has set its sights on leading India’s critical shift towards sustainable energy, addressing the increasing power needs of homes, businesses, and industrial operations.
Before taking the helm at Livguard, Nagpal held pivotal leadership positions at well-known organizations including Dalmia Bharat Ltd., Shalimar Paints, Trane Technologies, ZICOM Electronic Security Systems, and Carrier Corporation. His history speaks of successfully turning around businesses, driving strategic transformations, and achieving growth in both Indian and multinational environments. His deep understanding of sectors ranging from capital goods and consumer durables to building materials positions him uniquely to navigate the complexities of the energy market. Nagpal’s consistent ability to implement strategic changes has delivered improved profitability and created lasting value for stakeholders in his previous roles.
The global conversation around sustainability and energy independence places the renewable energy sector, particularly solar power and lithium-based energy solutions, center stage. As India actively pursues its ambitious clean energy targets, Nagpal’s leadership arrives at a crucial time for Livguard to accelerate its contribution.
“I am excited to join this company as the energy industry changes fundamentally,” said Sameer Nagpal, the newly appointed MD & CEO of Livguard. “We are absolutely committed to providing cutting-edge energy solutions. My vision for energy solutions aligns with Livguard’s core values: innovation, reliability, and focusing on the customer. I plan to build strong teams that will make Livguard’s innovative products more available to Indian families and businesses.”
Rakesh Malhotra, Founder of SAR Group, welcomed Nagpal’s appointment. “We are pleased to have Sameer Nagpal as our new MD & CEO,” he stated. “At Livguard, we have always promoted a culture of innovation, working together, and creating long-term value. Sameer’s strong leadership and proven ability to drive significant growth fit perfectly with our vision. Sameer believes in putting people first. His focus on building a culture that encourages excellence, collaboration, and a shared goal will help Livguard achieve lasting success. His experience and strategic thinking make him the right person to lead Livguard’s growth, as we continue to shape the future of energy solutions for customers globally.”
The appointment signals Livguard’s intent to aggressively pursue opportunities in India’s burgeoning renewable energy market. With the country’s push towards solar energy adoption and the increasing demand for reliable energy storage solutions, Nagpal’s experience in driving growth and implementing strategic shifts will be a key asset. His background suggests a focus on operational efficiency, market expansion, and building strong organizational capabilities, all of which are vital for navigating a competitive and rapidly evolving sector. Livguard’s aim to make innovative solutions more accessible aligns with the broader national goal of energy self-reliance and sustainability, reaching households and businesses across the country. This leadership change sets the stage for Livguard to potentially play a more significant role in India’s green energy transition.