Fiem Industries Limited has informed the Exchange regarding Appointment of Mr Vineet Sahni as CEO & Whole-time Director of the company w.e.f. May 01, 2026.
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Fiem Industries has received shareholder approval (via postal ballot on March 27, 2026) for the re-appointment of Mr. Vineet Sahni (DIN: 03616096) as CEO & Whole-time Director for a further 3-year term, effective May 1, 2026. Mr. Sahni, a veteran in the automotive lighting industry, has been with Fiem Industries since May 2023, and previously served as Group CEO & Sr. Executive Director at Lumax Group. He brings over three decades of leadership experience across Tata Motors, Minda Group, Varroc Engineering, and Lumax Group. The re-appointment is subject to no disqualification under SEBI or any other regulatory authority, and he has no relation with any existing director on the board.
Shareholder approval ensures leadership continuity at the top, providing stability for the company's strategic direction in the auto components space. This is a routine positive governance signal with no expected material impact on stock price.