UNOMINDANSEUNO Minda LimitedHighNeutral
Announced Sun, 19 Apr · 15:01 IST

UNO Minda Limited has informed the Exchange regarding Appointment of Mr Vivek Shripad Joshi as CEO-LPS Domain of the company w.e.f. April 19, 2026.

Ceo Appointed ExternalManagement Changes View source PDF

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AI summary

UNO Minda Limited has appointed Mr. Vivek Shripad Joshi as CEO for its Light Metal and Powertrain Systems (LPS) Domain, effective April 19, 2026. The appointment follows a structured transition plan where the current CEO, Mr. Kundan Kumar Jha, will handle front-end business operations for the first 3 months while Mr. Joshi gets acquainted with LPS operations. After the transition period, Mr. Joshi will assume full accountability for domain performance and KPIs. Mr. Jha will then continue in a strategic capacity with aligned responsibilities. Mr. Joshi brings 28+ years of experience in global automotive manufacturing, having worked at organisations including Sundaram Clayton, Ryobi Die Casting (USA), Endurance Technologies, and Jayahind Industries. He is not related to any director of the company.

Likely market impact

The appointment brings in an experienced external leader to head the LPS domain, with a carefully planned transition ensuring business continuity. Shareholders should view this as a smooth succession within senior management rather than a disruptive change.