Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ashok Leyland has informed that the Board of Directors at their meeting held on December 8, 2022, based on the recommendations of the Nomination and Remuneration Committee, has appointed Shenu Agarwal (DIN: 03485730) as the Managing Director (MD) and Chief Executive Officer (CEO) of the Company for a period of five years from December 8, 2022 to December 7, 2027, subject to the approval of shareholders. Shenu Agarwal is not debarred from holding the office of the Director by virtue of any order of the Securities and Exchange Board of India or any such authority. Shenu Agarwal is not related to any of the Directors or Key Managerial Personnel or Promoters of the Company. The details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 are given as an annexure. A copy of Press Release in this regard is attached.
The above information is a part of company’s filings submitted to BSE.
