02-08-2025
- Automotive
- Business Upturn
SML Isuzu appoints Vinod Kumar Sahay as Executive Chairman, effective August 3
By Aman Shukla Published on August 2, 2025, 17:11 IST
SML Isuzu made several key announcements after its Board meeting held on August 2, 2025. Vinod Kumar Sahay has been appointed as the new Executive Chairman from August 3, 2025, taking over from Chandra Shekhar Verma, who will continue on the Board as an Independent Director.
The company also announced changes in its finance leadership. Rakesh Bhalla will step down as CFO on September 30, 2025, and will move into an advisory role. Pushkar Patwardhan has been named CFO (Designate) effective immediately and will take full charge from October 1, 2025.
Ritesh Agrawal has joined as the new Chief Operating Officer. With this new structure, Sandeep Chandna and Vikas Sharma will no longer be designated Senior Management Personnel but will remain with the company.
Additionally, SML Isuzu's current statutory auditor, Walker Chandiok & Co LLP, has resigned citing independence concerns due to non-audit services provided to the holding company. In their place, B S R & Co. LLP has been appointed as the new statutory auditor effective August 2, 2025, subject to shareholder approval for a five-year term starting from the next AGM.
These changes reflect a strategic shift as the company strengthens its leadership team and governance practices.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
