Appointment of Mr. K M Balaji (DIN 08064743) as a Whole - Time Director
ASHOKLEY · price
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Ashok Leyland's Board has appointed Mr. K M Balaji, currently President Finance & CFO, as Whole-Time Director for two years effective May 28, 2026. The appointment, recommended by the Nomination and Remuneration Committee, is subject to shareholder approval. Balaji is a Chartered Accountant with 32 years at the company and has held senior finance roles including Treasury, Investor Relations, and Business Finance. He has raised over Rs 2,000 crores via NCD placements and was awarded Leading CFO of the Year 2024-25 by CII.
This represents an internal promotion of an experienced finance leader to the board. Since Balaji already serves as CFO and the appointment formalizes his board position, it is a routine governance update with limited immediate impact on stock sentiment.