Latest news with #SudarshanVenu
New Indian Express
6 hours ago
- Automotive
- New Indian Express
Sudarshan Venu to take over as Chairman of TVS Motor from August
NEW DELHI: The Board of Directors of TVS Motor Company has unanimously named Sudarshan Venu as the incoming Chairman of the Company. With this, he will take over as Chairman and Managing Director, effective from August 25 this year. Sudarshan Venu has been managing director of the company since May, 2022. The company's current chairman, Sir Ralf Speth, has informed the Board that he will not be seeking 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 will appoint Speth as Chief Mentor of the Company for a period of three years effective August 23, 2025, ensuring continued benefit from his extensive knowledge, experience and expertise. 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.' He added, '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.'
Entrepreneur
6 hours ago
- Business
- Entrepreneur
TVS Motor Appoints Sudarshan Venu as Chairman and Managing Director
The announcement follows the decision by the current Chairman, Sir Ralf Speth, not to seek re-appointment at the upcoming Annual General Meeting (AGM) scheduled for August 22, 2025. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In a major leadership transition, TVS Motor Company announced today that its Board of Directors has unanimously named Sudarshan Venu as the new Chairman and Managing Director of the company, effective August 25, 2025. The decision reflects the Board's recognition of Venu's pivotal role in steering the company's growth and strategic evolution during his tenure as Director. The announcement follows the decision by the current Chairman, Sir Ralf Speth, not to seek re-appointment at the upcoming Annual General Meeting (AGM) scheduled for August 22, 2025. Sir Ralf will step down as Chairman at the conclusion of the AGM. To ensure a smooth transition and ongoing strategic guidance, Sir Ralf will take on the role of Chief Mentor of the Company for a three-year term beginning August 23, 2025. Venu Srinivasan, Chairman Emeritus of TVS Motor Company, said, "I express my sincere gratitude to Ralf for his exceptional leadership over the last three years. His guidance has been instrumental in our global expansion and innovation efforts. We are grateful for his continued support as Chief Mentor and welcome Sudarshan into his new role with full confidence." Sir Ralf Speth added, "It has been an honour to steer TVS Motor as Chairman. I'm grateful for the partnerships and friendships formed. As I hand over to Sudarshan, I am confident that under his dynamic leadership, the Company will continue to thrive while upholding its core values." Accepting the new role, Sudarshan Venu said, "I am honoured by the Board's trust. TVS is built on a foundation of customer-centricity, quality, and innovation. As we look ahead, we must embrace transformation, explore global opportunities, and reimagine the future. I am grateful to Sir Ralf for his mentorship and look forward to building on the company's legacy with the passionate TVS team." The leadership change signals a strong future-focused direction for the company as it seeks to accelerate innovation and global growth.
Business Standard
8 hours ago
- Automotive
- Business Standard
TVS Motor promotes MD Sudarshan Venu as chairman effective August 25
TVS Motor Company said that its board of directors has unanimously approved the appointment of Sudarshan Venu as the chairman and managing director (MD) of the company, effective 25 August 2025. The decision comes in recognition of Venus exemplary contributions to the companys sustained growth and strategic direction during his tenure as director. The development follows current chairman Sir Ralf Speths decision not to seek re-appointment as a director at the forthcoming Annual General Meeting (AGM). Consequently, he will step down from the role of Chairman at the conclusion of the AGM, scheduled for 22 August 2025. To ensure continued access to his extensive knowledge, experience, and strategic insight, the board will appoint Sir Ralf Speth as chief mentor of the company for a period of three years, effective 23 August 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. Sir Ralf Speth, said, "It has been an honour for me to steer TVS Motor Company as its Chairman over the last three years. I am grateful for the support, cooperation, and personal friendships developed during my tenure. 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. Sudarshans dynamism and passion underscore his vision for the business, and I am confident that TVS is in safe, responsible hands. I wish Sudarshan and TVS Motor a bright future ahead. Sudarshan Venu, said, "I am very thankful to the Board for giving me this singular opportunity. I am really honoured and excited for the future and look forward to their continued support. TVS has been built on our Chairman Emerituss 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. Sir Ralf has been instrumental in challenging and mentoring us to expand more globally, onboard international talent, embrace newer processes, and invest in future products and technology. I look forward to his continued mentorship as our Chief Mentor. Importantly, TVS has grown due to the passion and energy of the entire team. I look forward to the continued partnership in our shared future. TVS Motor Company is a reputed two-wheeler and three-wheeler manufacturer globally. It has four manufacturing facilities located in India and Indonesia. The company reported 75.53% surge in standalone net profit to Rs 852.12 crore on 16.91% increase in revenue from operations to Rs 9,550.44 crore in Q4 FY25 over Q4 FY24. The scrip fell 1.56% to Rs 2,717.70 on the BSE.
NDTV
9 hours ago
- Automotive
- NDTV
Sudarshan Venu To Take Over As Chairman And Managing Director Of TVS Motor Company
In a significant leadership transition, TVS Motor Company has announced that Sudarshan Venu will be appointed as the Chairman and Managing Director of the company, effective August 25, 2025. The decision was made unanimously by the company's Board of Directors, recognising Venu's pivotal role in steering TVS Motor through a phase of consistent growth and strategic evolution during his tenure on the Board. Venu, who currently serves as the Managing Director, will succeed Sir Ralf Speth, the current Chairman of the Board. Sir Ralf has informed the Board that he will not seek reappointment as Director at the upcoming Annual General Meeting (AGM) scheduled for August 22, 2025. He will formally step down from the Chairmanship at the conclusion of the AGM. Sudarshan Venu said, "I am very thankful to the Board for giving me this singular opportunity. I am really honoured and excited for the future and look forward to their continued support. 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. Sir Ralf has been instrumental in challenging and mentoring us to expand more globally, onboard international talent, embrace newer processes, and invest in future products and technology. I look forward to his continued mentorship as our chief mentor. Importantly, TVS has grown due to the passion and energy of the entire team. I look forward to the continued partnership in our shared future." However, Sir Ralf's association with TVS Motor will continue in a new capacity. The board has approved his appointment as chief mentor of the company for a three-year term starting August 23, 2025. In this role, he is expected to provide strategic counsel, drawing on his extensive global experience in the automotive industry.
Fashion Value Chain
10 hours ago
- Automotive
- Fashion Value Chain
TVS Motor Announces Sudarshan Venu as Chairman of the Company Effective August 25, 2025
TVS Motor Company announced today that The Board of Directors unanimously named Mr Sudarshan Venu as incoming Chairman of the Company, in recognition of his exemplary contributions to the Company's sustained growth and strategic development during his tenure as Director. Effective August 25, 2025, Mr Sudarshan Venu will be appointed as Chairman and Managing Director. Its current chairman, Sir Ralf Speth, has informed The Board of Directors that he will not be seeking re-appointment as a company Director at the upcoming Annual General Meeting (AGM). Consequently, he will step down as Chairman of the Company at the close of the AGM on August 22, 2025. The Board will also be appointing Sir Ralf Speth as Chief Mentor of the Company for a period of three years effective August 23, 2025, ensuring continued benefit from his extensive knowledge, experience and expertise. Mr Venu Srinivasan, Chairman Emeritus, TVS Motor Company Mr 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.' Sir Ralf Speth, said, 'It has been an honour for me to steer TVS Motor Company as its Chairman over the last three years. I am grateful for the support, cooperation, and personal friendships developed during my tenure. 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. Sudarshan's dynamism and passion underscore his vision for the business, and I am confident that TVS is in safe, responsible hands. I wish Sudarshan and TVS Motor a bright future ahead.' Mr Sudarshan Venu, said, 'I am very thankful to the Board for giving me this singular opportunity. I am really honoured and excited for the future and look forward to their continued support. 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. Sir Ralf has been instrumental in challenging and mentoring us to expand more globally, onboard international talent, embrace newer processes, and invest in future products and technology. I look forward to his continued mentorship as our Chief Mentor. Importantly, TVS has grown due to the passion and energy of the entire team. I look forward to the continued partnership in our shared future.' About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D. Power IQS & APEAL surveys and J.D. Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit
