Venu Srinivasan Returns to Helm at Sundaram Clayton

Sundaram Clayton is experiencing a period of significant leadership transition. Venu Srinivasan has been re-designated as Chairman and Managing Director, effective immediately, returning to a primary executive role. This change occurred after R Gopalan stepped down as Chairman. Gopalan, a former IAS officer, will continue his association with the company as a non-executive independent director. He had taken over the Chairman position in April 2022, when Srinivasan had stepped down from the Chairman's role, becoming Chairman Emeritus and Managing Director. Lakshmi Venu, Srinivasan's daughter, had been elevated to Managing Director in May 2022.

In a parallel development, the board has rescinded its earlier decision to relieve P D Dev Kishan as Company Secretary and Compliance Officer. Kishan is now set to continue in his position until April 5, 2026, after which he will remain in the role and as a Key Managerial Personnel without any interruption. This decision contrasts with a recent announcement to replace him effective April 6, 2026. These changes follow an earlier board approval for R Venkatesh to become Chief Executive Officer from April 1, 2026, subsequent to Vivek S Joshi's resignation.