The Board of Directors at its meeting held on 26th May, 2026 has approved the changes in senior management personnel of the Company as enclosed.
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The Board of Directors approved changes to the Chief Risk Officer position on May 26, 2026. Ms. Jarly Manjesh, the outgoing CRO, is transitioning internally to Head – Group Finance Transformation, which represents a lateral move rather than a departure. Mr. Gopikrishnan J, previously Head of Operations – Tamil Nadu, has been appointed as the new CRO while continuing his existing role. Mr. Gopikrishnan brings over 22 years of automobile industry experience spanning sales, marketing, dealership operations, and business strategy across brands including Tata Motors, Renault, Honda, and TAFE. The change is part of an internal reorganisation as per the company's Risk Management Policy.
This is a routine senior management transition with no indication of governance concerns or strategic shifts. The dual role for Mr. Gopikrishnan J may raise questions about workload distribution, but the appointment of an experienced internal candidate suggests continuity in risk management.