TVS Motor Company Limited — Others, 19-02-2025: Shareholders meeting
19-02-2025 | 05:37 pm
19-02-2025 | 05:37 pm
TVS Motor Company has announced a board meeting to seek shareholder approval through a postal ballot for the re-appointment of Mr. Venu Srinivasan as Chairman Emeritus and Managing Director for another five years, starting from April 24, 2025. The resolution highlights Mr. Srinivasan's significant contributions to the company’s growth and emphasizes the need for his continued leadership, particularly given his extensive experience in the automotive sector. His proposed remuneration includes an annual salary of ₹1 crore and performance-linked commission, which may positively influence investor confidence in the company's governance and strategic direction going forward.
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