Peyman Kargar named Director and CEO, effective January 27, 2027

Management Changes View source PDF Explain this filing

TVSMOTOR · price

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Price reactionminutes from the announcement price · days from the prior close

-2.4%Reaction day

₹4400.80

prior close

₹4386.00

announcement price

In-mkt

timing

Nifty 100market+0.2%-2.7% vs market

2/3 Wheelers peers, median of 8sector+0.5%-2.9% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty 100 and 2.9 pts less than its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

-0.0

15m

-0.0

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4+0.2-2.7+0.5-2.9

Next day

-1.4-0.2-1.2+0.4-1.7

-4.5-0.5-4.0+0.0-4.5

-4.7-0.9-3.7-1.6-3.1

-4.9-1.1-3.8-1.6-3.3

-5.9-1.0-4.9+0.6-6.4

-6.1-1.9-4.2-0.5-5.6

15d

-5.4-2.9-2.5-1.7-3.7

-6.9-5.4-1.5-2.9-4.1

-3.7-6.5+2.8-7.0+3.3

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UpDownMarket · Nifty 100Sector · 2/3 Wheelers peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TVS Motor has appointed Peyman Kargar as Director and CEO effective January 27, 2027. He currently serves as President, International Business. Current CEO K.N. Radhakrishnan will continue until the transition and then serve as Non-Executive Director until the July 2027 AGM. In FY2025-26, the company sold 5.9 million vehicles globally with 30 percent revenue growth. International Business contributes 29 percent of sales volume and is growing at 33 percent.

Likely market impact

Planned succession from an internal candidate supports continuity. Generally positive, no immediate operational disruption expected.