More Stories

Informist, Friday, Aug. 28, 2026

--TVS Motor appoints Peyman Kargar as CEO from Jan 27, 2027 

--K N Radhakrishnan to continue as TVS Motor CEO till Jan 27 

MUMBAI - TVS Motor Co. Ltd. Friday said K.N. Radhakrishnan will step down as its chief executive officer in January, having held the post since October 2018. The automaker's board has named Peyman Kargar, currently the president of TVS Motor's international business, as Radhakrishnan's successor.

After he steps down, Radhakrishnan will serve as a non-executive director until July, when it will hold its annual general meeting. Radhakrishnan has served as TVS Motor's executive vice president since 2004 and was named its president in 2008. 

"It has been a privilege to serve TVS Motor Company as CEO and work alongside an exceptional team. I am grateful for the support, commitment and dedication of colleagues across the business, whose efforts have shaped the company that we are today," Radhakrishnan said in a press release. 

Upcoming chief Kargar has held key positions at automotive companies for over three decades in geographies such as Europe, Asia, and West Asia. "Building on our momentum, we are entering into a new phase of growth, expanding our presence and further consolidating our position in India and global markets," Kargar said. He was named head of global operations only in April 2025. Before that, he was the global chairman and president of Nissan's luxury brand Infiniti. 

"Peyman is an accomplished global leader with deep industry experience, strategic vision and a strong understanding of customers and markets," TVS Motor Chairman Sudarshan Venu said. "As President, International Business, he has already made a meaningful contribution to our business, and I am confident he is the right person to lead TVS Motor Company and further strengthen our position among the world's leading mobility companies," Venu said.

TVS Motor had reported a net profit of INR 11.74 billion on revenues of INR 138.96 billion for the June quarter. At 1050 IST, its shares traded 0.5% lower at INR 4,388.20 on the National Stock Exchange.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Anand JC

Edited by Akul Nishant Akhoury

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. 2026. All rights reserved.