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TVS Motor Company has announced that Sudarshan Venu, the current Managing Director, will assume the additional role of Chairman effective August 25, 2025. This move is part of a planned leadership transition and has been approved by the company’s Board of Directors. The decision follows the announcement by Sir Ralf Speth, the current Chairman, who informed the board that he would not seek reappointment at the upcoming Annual General Meeting (AGM). Sir Speth’s tenure will conclude on August 22, 2025, marking the end of his successful three-year term.
To ensure continued strategic guidance, TVS Motor has appointed Sir Speth as Chief Mentor for a three-year term starting August 23, 2025. In this advisory role, he will continue to provide valuable insights and contribute to the company’s growth trajectory. Venu Srinivasan, the Chairman Emeritus of TVS Motor, expressed his appreciation for Sir Speth’s leadership, acknowledging his significant contributions to the company’s global expansion and innovation initiatives. Srinivasan also expressed confidence in Sudarshan Venu’s leadership, citing his outstanding accomplishments as Managing Director.
Reflecting on his tenure, Sir Ralf Speth noted that it had been a privilege to lead the board and voiced his support for Venu’s vision for the company. In his remarks, Sudarshan Venu thanked the board for its trust and emphasized the company’s continued focus on customer satisfaction, quality, and innovation. Venu also highlighted the importance of building on these solid foundations while actively pursuing new growth opportunities to propel TVS Motor’s success in the future.
TVS Motor, a leading manufacturer of two- and three-wheelers, operates production facilities in India and Indonesia and sells its products in over 80 countries. The company has earned prestigious awards such as the Deming Prize and consistently ranks highly in J.D. Power surveys for customer satisfaction. TVS Motor’s shares are listed on both the Bombay Stock Exchange (BSE: 532343) and the National Stock Exchange (NSE: TVSMOTOR).
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