Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting - Director Appointments/Reappointments
Key Financial Highlights:
Not Specified
Corporate Actions:
The Board approved the following director reappointments subject to shareholder approval:
- Mr. Jayakar Krishnamurthy (DIN: 0001898/) reappointed as Managing Director (Designated as Chairman and Managing Director) for five years from 01st September 2026 to 31st August 2031
- Mr. Ram Ramamurthy (DIN: 06955444) reappointed as Whole Time Director for two years from 04th September 2026 to 03rd September 2028
- Mr. Ramachandran Sundar (DIN: 10831047) reappointed as Non-Executive and Independent Director for five years from 13th November 2026 to 12th November 2031 (second term)
- Mr. Abhaya Shankar (DIN: 00008378) reappointed as Non-Executive Non-Independent Director for two years from 14th November 2026 to 13th November 2028
- Approved increase in managerial remuneration of Mr. Adithya Srivatsa Jayakar (DIN: 08188358), Deputy Managing Director
Director Profiles:
Mr. Jayakar Krishnamurthy (Chairman & MD):
- Date of Birth: 30 November 1960 (65 Years)
- Qualification: M.B.A
- Experience: Successfully guided company through intense competition, expanded product portfolio with throttle body solutions for two-wheeler segment, aftermarket, export, and deemed-export markets. Drove launch of Electronic Throttle Body, Electronic Carburettors, Crank Case, and Water Outlet products.
- Relationship: Father of Mr. Adithya Srivatsa Jayakar, Deputy Managing Director
Mr. Ram Ramamurthy (Whole-time Director):
- Date of Birth: 22-05-1948 (78 years)
- Qualification: B.E Mechanical Engineering and MBA
- Experience: Mentors Executive Team in strategic initiatives, provides guidance in Marketing, Business, Finance, Purchase and Logistics. Streamlined internal control systems and cost control measures.
Mr. Ramachandran Sundar (Independent Director):
- Date of Birth: 10.05.1955 (71 years)
- Qualification: PGDM from IIM Ahmedabad
- Experience: Over 35 years in Design capability, manufacturing process setup, large scale restructuring, and 10 years in Defence sector. Provides strategic direction on new product business analytics and R&D focus.
Mr. Abhaya Shankar (Non-Independent Director):
- Qualification: B.Tech. Mechanical and MBA
- Experience: Over four decades as Management Professional, served as head of organisation for 22 years. Specialist in strategy, sales & marketing acceleration, organizational health. Certified Marshall Goldsmith Leadership Coach.
Other Significant Information:
- All reappointments are subject to approval of shareholders and such other statutory approvals as may be required