Greaves Cotton Limited has informed the Exchange regarding Appointment of Mr Rajasekaran Alagarsamy as Senior Management Personnel of the company w.e.f. September 30, 2025.
GREAVESCOT · price
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Mr. Narasimha Jayakumar, CEO of Greaves Retail (a division of Greaves Cotton) and Senior Management Personnel, resigned effective close of business on 29th September 2025 due to personal reasons. Mr. Rajasekaran Alagarsamy, currently Head – After Market Business, Sales & Marketing at the company, will oversee Greaves Retail and be classified as Senior Management Personnel from 30th September 2025. Mr. Alagarsamy brings over 35 years of experience in the automotive and machine tool industry, with prior leadership stints at Rane Group and Windsor Machines Ltd. The transition is an internal reshuffle — Mr. Parag Satpute continues as MD and Group CEO of Greaves Cotton. No changes were announced at the board or group leadership level.
Short-term impact is likely limited as this is an internal succession at the division (Greaves Retail) level rather than a top-level group leadership change. Shareholders should watch how smoothly the retail business transition is managed, but the company's main leadership and strategy remain unchanged.