Mumbai, June 5 -- The decision comes in recognition of Venu's exemplary contributions to the company's sustained growth and strategic direction during his tenure as director.

The development follows current chairman Sir Ralf Speth's decision not to seek re-appointment as a director at the forthcoming Annual General Meeting (AGM). Consequently, he will step down from the role of Chairman at the conclusion of the AGM, scheduled for 22 August 2025.

To ensure continued access to his extensive knowledge, experience, and strategic insight, the board will appoint Sir Ralf Speth as chief mentor of the company for a period of three years, effective 23 August 2025.

Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said, "I express my sincer...