TVS Motor Company Ltd. said its board has unanimously named Sudarshan Venu as incoming chairman of the company. Effective August 25, 2025, he will be appointed as chairman and managing director, the company said in a statement.
The current chairman, Sir Ralf Speth, had informed the board that he would not seek re-appointment as a company director at the upcoming annual general meeting (AGM). Consequently, he will step down as chairman at the close of the AGM on August 22, 2025.
The board has decided to appoint Sir Ralf Speth as chief mentor of the company for a period of three years effective August 23, 2025.
Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said, “I express my sincere gratitude to Ralf for his exceptional leadership as chairman over the last three years. His contributions have been invaluable in guiding our strategic expansion into global markets and fostering innovation that has significantly strengthened our industry standing.”
“We are grateful for his continued support as chief mentor for TVS Motor and in welcoming Sudarshan into his new role. I am confident that Sudarshan, who in his capacity as Managing Director has demonstrated tremendous growth for the business, will take the Company to even greater heights,” he added.
Sir Ralf Speth, said, “It has been an honour for me to steer TVS Motor Company as its chairman over the last three years. As I hand over the chairmanship to Sudarshan, I am confident that under his leadership, the Company will continue its growth journey while championing core TVS values.”
Mr. Sudarshan Venu, said, “TVS has been built on our Chairman Emeritus’s commitment to customer centricity, quality and technology. As we look to the future we have to build on these values while capitalising on new opportunities and reimagining for the future. I am most grateful to him for his continued guidance.”
Published – June 05, 2025 07:07 pm IST
