Managing Director retirement and successor approved for 2027
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Jatin Chokshi will retire as Managing Director on December 31, 2026 and take a new group role from January 1, 2027. Ravi Jakhar becomes Executive Director-Strategy on November 4 and is slated to be Managing Director from January 1, 2027 for three years, subject to shareholder approval. Standalone September-quarter profit after tax was Rs 794 lakh and half-year profit was Rs 1,885 lakh; consolidated quarterly profit was Rs 822 lakh.
The planned handover supports management continuity, but the successor's three-year appointment still needs shareholder approval.