Announced Mon, 25 May · 20:30 IST

Tvs Supply Chain Solutions Limited has informed the Exchange regarding Resignation of Mr. Ravi Viswanathan, Director of the Company and stepping down as Managing Director of the Company w.e.f. Jun 30, 2026.

Kmp ResignedManagement Changes View source PDF

TVSSCS · price

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₹120.91
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AI summary

TVS Supply Chain Solutions Limited announced that Mr. Ravi Viswanathan will resign as Director and Managing Director effective June 30, 2026. Simultaneously, Mr. Vikas Chadha, currently Global CEO, has been appointed as Additional Director and Managing Director effective July 1, 2026, for five years subject to shareholder approval. The Board also approved audited FY2026 consolidated results showing revenue of Rs 11,003 crore (up 10% YoY) and profit after tax of Rs 117 crore, reversing a loss of Rs 9.64 crore in FY2025. The 22nd AGM is scheduled for August 5, 2026.

Likely market impact

The leadership transition from Ravi Viswanathan to Vikas Chadha (internal promotion) represents a planned succession. The company returned to profitability in FY26 with improved financials, suggesting the change is not driven by financial distress.