TVS Supply Chain Solutions Limited has appointed Mr. Vikas Chadha, as an Additional Director and Managing Director w.e.f. July 01, 2026, subject to approval of Shareholders.
TVSSCS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TVS Supply Chain Solutions reported strong FY26 results with consolidated revenue of ₹11,003 crore (up 10% YoY) and profit after tax of ₹117 crore, recovering from a loss of ₹10 crore in FY25. The company announced a leadership transition: current Global CEO Mr. Vikas Chadha will become Managing Director from July 1, 2026, subject to shareholder approval, while current Managing Director Mr. Ravi Viswanathan will step down effective June 30, 2026. The company also undertook restructuring charges of ₹91 crore under 'Project One' for UK/Europe operations and incurred ₹14 crore from new labour code implementation.
The leadership transition from Ravi Viswanathan to Vikas Chadha indicates continuity in executive direction. The strong financial recovery with 10% revenue growth and return to profitability should provide comfort to shareholders ahead of the transition.