Ashok Leyland Limited has made a disclosure to the National Stock Exchange of India Ltd. and BSE Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company announced that Mr. Gopal Mahadevan (DIN: 01746102) has ceased to be the Director – Strategic Finance and M&A (Whole Time Director) effective from the close of business hours on May 23, 2026. This cessation is consequent to the completion of his tenure.
According to the annexure details:
- Mr. Mahadevan was re-appointed as Director – Strategic Finance and M&A (Whole Time Director) for a period of two years from May 24, 2024 to May 23, 2026
- This appointment was approved at the 75th Annual General Meeting held on July 25, 2024
- The cessation is effective from close of business hours on May 23, 2026
The disclosure complies with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The communication was signed by N Ramanathan, Company Secretary of Ashok Leyland Limited.