SML Isuzu Limited — Others, 21-03-2025: Appointment

SML Isuzu's Board has approved the resignation of Mr. Junya Yamanishi as Managing Director & CEO, effective 16th April, 2025. He will be succeeded by Mr. Yasushi Nishikawa, who will join as an Additional Director and take over as Managing Director & CEO effective 17th April, 2025, subject to shareholder and government approvals. The Board also re-appointed Mr. Anuj Kumar Sethi as AVP for Corporate Planning, IT, and Special Applications for another year, beginning 1st April, 2025. This leadership transition could signal a strategic shift, potentially enhancing operational effectiveness with Mr. Nishikawa's extensive experience. Investors may view this as a positive outlook due to anticipated enhancements in management and strategic direction.