The 2 new board members are Chennai-based Sanmar Group’s chairman Vijay Sankar, and Shailesh Haribhakti of Shailesh Haribhakti & Associates, the corporate stated in a press launch.
In the meantime, Kuok Meng Xiong will step down as unbiased director after the 2024 annual basic assembly, owing to his elevated enterprise commitments and private causes, based on the discharge.
“The appointment of the 2 new unbiased administrators will add invaluable expertise to the board and lift the corporate’s already rigorous company governance normal,” TVS Motor stated.
Sankar, whose appointment turns into efficient March 20, holds a number of unbiased directorships and trustee positions, together with at Oriental Lodges Ltd and Transport Company of India. He’s additionally the honorary consul basic of Denmark in Chennai.
Haribhakti, who will be a part of the board on April 1, is an authorized inner auditor, monetary planner and fraud examiner with over 5 a long time of expertise.He holds unbiased directorships with firms like Blue Star Ltd, Bajaj Electrical Ltd and L&T Finance Holdings Ltd.
