Announced Thu, 14 May · 17:01 IST

Pursuant to Regulation 30 of SEBI LODR Regulations, 2015, please find enclosed herewith an intimation regarding change in Senior Management Personnel.

Kmp ResignedManagement Changes View source PDF

TMPV · price

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Price reaction · full curve 14 horizons · vs prior close
+4.4%1-day move
₹338.00
prior close
₹352.00
base price
After-mkt
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AI summary

Tata Motors Passenger Vehicles Ltd announced the resignation of Ms Anjali Byce as Chief Human Resources Officer (CHRO) and Senior Management Personnel, effective June 30, 2026. She is leaving to pursue career opportunities outside the organization. Simultaneously, the company appointed Mr Sitaram Kandi as the new CHRO and SMP, effective July 1, 2026. Mr Kandi brings over 30 years of HR experience from companies like GE, Monsanto, TE Connectivity, and Bosch, and has been heading HR for the Passenger and Electric Vehicle Business at Tata Motors Limited since 2019. The transition is smooth with just one day gap between the departure and new appointment.

Likely market impact

The departure of a senior HR leader during a transition period may raise concerns about continuity in people and culture initiatives, though the appointment of an internal candidate with extensive HR expertise should provide stability for shareholders.