Wheels India Limited has informed the Exchange regarding 'Change in Management'.
WHEELS · price
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Wheels India informed the exchanges about internal changes to its Senior Management Personnel (SMP) list following a board meeting on May 20, 2025. Mr. S Sridhar, currently Head of the Air Suspension Division (ASD), has been newly designated as Senior Management Personnel under SEBI LODR regulations. Separately, Mr. G Muguntha Narayanan, General Manager Accounts, has been removed from the SMP list because he is no longer serving as Chief Risk Officer, though he continues in his role as Head of Costing. Both changes were recommended by the Nomination and Remuneration Committee.
These are routine internal designation updates with no impact on company financials or strategy. No senior executive is leaving or joining, so shareholders need not take any action.