New Delhi: TVS Provide Chain Options Restricted (NSE: TVSSCS, a worldwide provide chain options supplier, and one of many largest and quickest rising built-in provide chain options suppliers in India, introduced that its founder/promoter R. Dinesh (Government Vice Chairman of the corporate) has been appointed because the Government Chairman of the corporate by the Board of Administrators.
S. Mahalingam stepped down as Chairman after finishing his tenure of two phrases as Impartial Director, on August 29, 2023.
TVS SCS, a part of the TVS Mobility Group, additionally introduced the appointment of Ok. Ananth Krishnan and Narayan Ok. Seshadri as further Impartial Administrators on its Board.
With this appointment, the brand new Board may have 5 Impartial Administrators (the opposite 3 being Tarun Khanna, B. Sriram and Ms. Gauri Kumar). S. Ravichandran, Non-Government Director, has resigned from the Board of the corporate to pursue his private pursuits.
R. Dinesh, Government Chairman, TVS SCS, stated, “I thank our Chairman S. Mahalingam for his mentorship and steerage by means of his tenure at TVS SCS. The corporate is at an inflection level and poised to open one more new chapter of exponential progress in its illustrious historical past. We at all times believed within the Development Framework – Buyer, Functionality, Nation – as we constructed on the corporate’s resilient enterprise mannequin with a number of drivers for worthwhile progress.”
“As we embark on our subsequent progress part, I wish to lengthen a heat welcome to Mr. Ok. Ananth Krishnan and Mr. Narayan Ok. Seshadri to the Board in sync with our technology-driven client-centricity focus in addition to fixed enterprise transformation targets. Additional, their experience will assist TVS SCS on its continued progress journey as we work in the direction of establishing our management as a technology-led World Provide Chain participant,” he added.
S. Mahalingam, the outgoing Chairman, stated, “From its early years, TVS SCS perceived itself as a worldwide multinational firm. It repeatedly expanded its world footprint, whereas concurrently creating native organisations, with a single identify and function. I’m joyful that Mr. Dinesh, who has proven nice entrepreneurship in constructing this organisation, will take over because the Chairman, as TVS SCS begins its journey as a listed firm. I want Mr. Dinesh and workforce all one of the best as he takes TVS SCS to better heights.”
TVS SCS, which is promoted by TVS Mobility Non-public Restricted, T.S. Rajam Rubbers Non-public Restricted, Dhinrama Mobility Resolution Non-public Restricted, and Ramachandhran Dinesh, efficiently listed on the inventory exchanges on August 23 after a profitable IPO.