Sudarshan Venu Takes Over as TVS Motor Chairman and MD
TVS Motor Company declares that Sudarshan Venu has been unanimously elected by the board of directors to serve as the company's next chairman.
The action is in appreciation of his outstanding contributions to the company's long-term expansion and strategic planning while serving as Director.
On August 25, 2025, he is expected to assume leadership as Chairman and Managing Director.
“I express my sincere gratitude to Ralf for his exceptional leadership as Chairman over the last three years. We are grateful for his continued support as Chief Mentor for TVS Motor and in welcoming Sudarshan into his new role,” says Venu Srinivasan, Chairman Emeritus, TVS Motor Company.
“I am confident that Sudarshan, who in his capacity as Managing Director has demonstrated tremendous growth for the business, will take the company to even greater heights,” he adds.
“I am really honoured and excited for the future and look forward to their continued support. TVS has been built on our Chairman Emeritus’s commitment to customer centricity, quality, and technology”, says Sudarshan.
Sudarshan says, “As we look to the future, we have to build on these values while capitalising on new opportunities and reimagining for the future".
"I am most grateful to him for his continued guidance”, adds Sudarshan.
This comes after the TVS Group's Venu Srinivasan family recently created a succession plan. Venu Srinivasan declared in March 2024 that his son Sudarshan Venu, daughter Lakshmi, and spouse Mallika Srinivasan had signed a memorandum of understanding (MoU) to refrain from competing with one another.
As part of this, Sudarshan will remain in charge of TVS Holdings and its affiliates, TVS Emerald, TVS Motor, TVS Credit Services, and Home Credit India. Lakshmi will run Sundaram Clayton Ltd. and take Mallika Srinivasan's place in TAFE.
Ralf Speth, the current chairman of TVS Motor, has notified the board that he would not be running for reemployment as a director of the business at the next Annual General Meeting (AGM). Therefore, after the conclusion of the AGM on August 22, 2025, he will resign as Chairman of the firm.
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To ensure that the company continues to benefit from Ralf Speth's vast knowledge, experience, and competence, the board will additionally designate him as Chief Mentor for a three-year term, beginning August 23, 2025.