TVS Motor Company has announced that Sudarshan Venu, currently Managing Director, will take on the additional role of Chairman effective August 25, 2025. The decision was approved by the company’s Board of Directors as part of a planned leadership transition.
The change follows a notification from Sir Ralf Speth, the current Chairman, who has informed the board that he will not seek reappointment at the forthcoming Annual General Meeting (AGM). His term will conclude at the end of the AGM on August 22, 2025, marking the end of his three-year tenure.
To ensure continuity and ongoing strategic guidance, TVS Motor will appoint Mr Speth as Chief Mentor for a three-year term beginning August 23, 2025. In this advisory role, he will continue to contribute his insights and experience to the company.
Venu Srinivasan, Chairman Emeritus of TVS Motor, extended his appreciation for Mr Speth’s leadership, highlighting his contributions to the company’s global expansion and innovation agenda. He also expressed strong confidence in Sudarshan Venu’s leadership, pointing to his accomplishments as Managing Director.
Reflecting on his tenure, Mr Speth said it had been a privilege to lead the board and voiced support for Venu’s vision and values-driven leadership. In his remarks, Mr Venu thanked the board for its trust and underscored the company’s longstanding focus on customer satisfaction, quality, and innovation. He emphasized the importance of building on these foundations while pursuing new growth opportunities.
TVS Motor manufactures two- and three-wheelers, with production facilities in India and Indonesia. Its products are sold in over 80 countries. The company has earned distinctions such as the Deming Prize and ranks highly in J.D. Power surveys for customer satisfaction. Its shares are listed on the Bombay Stock Exchange (BSE: 532343) and the National Stock Exchange (NSE: TVSMOTOR).
This leadership transition highlights the company’s commitment to succession planning and long-term stability as it continues to operate in a highly competitive industry. The update was disclosed in regulatory filings with both the BSE and NSE earlier today.
