MARUTINSEMaruti Suzuki India Limited· Automobiles - 4 WheelersMediumNeutral
Announced Tue, 24 Mar · 14:29 IST

Maruti Suzuki India Limited has informed the Exchange about change in Management

Management Changes View source PDF

MARUTI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹12309.00
prior close
₹12504.00
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AI summary

Maruti Suzuki India has informed the exchanges about internal changes in its Senior Management Personnel, effective 1st April 2026. Mr. Ram Suresh Akella (33 years with MSIL) is being transferred from Head–Service to Head–Parts & Accessories, while Mr. B S Suresh Babu (26 years with MSIL) will take over as Head–Service. Mr. SD Chhabra is being moved from Head–Parts & Accessories to a Production role and will no longer be classified as Senior Management Personnel. Additionally, Mr. Manoj Gautam, Head–IT, will superannuate (retire), and Dr. Tapan Sahoo will additionally head the IT function going forward. All appointments are part of existing full-time employment.

Likely market impact

These are routine internal reshuffles and a planned retirement, with no change at the board, CEO, or CFO level. Investors should view this as neutral — continuity is maintained through internal promotions rather than external hiring.