Kim demits office as MD of Hyundai Motor India, Garg to take over Thu
This story was originally published at 19:05 IST on 31 December 2025
Register to read our real-time news.Informist, Wednesday, Dec. 31, 2025
--Unsoo Kim resigns as managing director of Hyundai Motor India
NEW DELHI – Hyundai Motor India Ltd.'s Managing Director Unsoo Kim has stepped down with effect from the close of business hours Wednesday, the company said in an exchange filing. In a filing in October, Hyundai Motor had said Kim would return to South Korea for a strategic role at the parent company.
Along with Kim, three other senior management personnel of the company–-Jeongick Lee, function head, corporate affairs, Hyoung Soon Yoon, function head, product strategy and planning, and Jae Wan Ryu, function head, corporate planning–-also resigned effective the end of business hours Wednesday, according to the company's latest filing.
Kim will be replaced by Tarun Garg, who will take over as managing director and chief executive officer Jan. 1. For the September quarter, Hyundai Motor had reported a consolidated net profit of INR 15.72 billion on a revenue of INR 174.61 billion. Wednesday, shares of the company ended slightly lower on the National Stock Exchange at INR 2,298. End
Reported by Shakshi Jain
Edited by Rajeev Pai
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
