TVSMOTORNSETVS Motor Company Limited· Automobiles - 2 And 3 WheelersMediumNeutral
Announced Wed, 13 May · 13:28 IST

TVS Motor Company Limited has informed the Exchange regarding Appointment of Mr Ravindran Shanmugam as Independent Director of the company w.e.f. May 13, 2026.

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AI summary

TVS Motor Company has announced the appointment of Mr. Ravindran Shanmugam (DIN: 11700880) as an Additional Director and Non-Executive Independent Director, effective 13th May 2026. The appointment is for a five-year term and is subject to shareholder approval via postal ballot. Ravi, aged 36, is a Oxford University graduate and brings significant expertise in AI, digital platforms, and technology-driven businesses as the Co-founder and Executive Chairman of Mablle (an AI-enabled interior design platform in Singapore). His prior experience includes CEO of Livspace Southeast Asia and senior roles at Grab and McKinsey. The company confirms he is not related to any existing director and is not debarred from holding a director position by SEBI.

Likely market impact

The appointment brings fresh independent perspective and strong technology/digital expertise to TVS Motor's board, which could benefit the company's digital transformation initiatives. As an independent director with no promoter or family ties, this strengthens board governance.