Eicher Motors appoints Pradeep Mathew as Chief of Product Development

Eicher Motors Limited has announced the appointment of Mr. Pradeep Mathew as the Chief of Product Development and a Senior Management Personnel of the company. The appointment is effective from May 22, 2026, and will be on a full-time employment basis. This information was submitted to the stock exchanges pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

Mr. Pradeep Mathew has been associated with eicher motors for the past 22 years. In his new role, he will be responsible for the entire Product Development function for Royal Enfield across India and the UK Technology Centres.

He joined the company immediately after completing his M.Tech in Mechanical Engineering from PSG Institute of Technology, Coimbatore. Throughout his long tenure, Mr. Mathew has worked across various functions, acquiring a deep understanding of current and future technologies.

Appointment Details

The following table outlines the key details regarding the new appointment:

S No	Particulars	Details
1	Reason for change	Appointment of Mr. Pradeep Mathew as the Chief of Product Development and a Senior Management Personnel of the Company with effect from May 22, 2026.
2	Date of appointment & term of appointment	May 22, 2026. Term: Full-time employment
3	Brief profile	Mr. Pradeep Mathew has been in the Company from the last 22 years. He is responsible for the entire Product Development function for Royal Enfield across India and the UK Technology Centres.
4	Disclosure of relationships between directors	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.30%	-0.75%	-3.58%	-2.14%	+29.07%	+176.79%

Eicher Motors Limited has announced the appointment of Mr. Vinod Kumar Aggarwal as the Executive Vice-Chairman of the company. The decision was taken by the Board of Directors at its meeting held on May 21, 2026. This appointment is effective immediately, subject to the approval of the members of the company.

Mr. Aggarwal has been appointed for a tenure of three years. He brings extensive experience to the role, having spent 43 years with the Eicher Group out of a total industry experience of 45 years. His career with the company spans over four decades, during which he has held several key management positions.

Profile and Experience

Mr. Vinod Kumar Aggarwal is a qualified Chartered Accountant and Cost and Management Accountant, and a commerce graduate from Punjab University. Prior to this elevation, he was serving as the Non-Executive Vice Chairman of the company, a position he held since February 13, 2025. He has been on the Board of the company as a Non-Executive Director since April 1, 2019.

Throughout his tenure, Mr. Aggarwal has led significant business verticals. He served as the Chief Financial Officer of the Eicher Group from 2005 to 2009 and held the position of President of Eicher Trucks and Buses. He also led VE Commercial Vehicles Limited, the company's joint venture with AB Volvo, for over 16 years as CEO and later as CEO and Managing Director. Most recently, he was the Non-Executive Chairman of VECV effective April 1, 2026.

Key Details

The following table summarizes the key details regarding the appointment:

Particulars	Details
Name of Appointee	Mr. Vinod Kumar Aggarwal
Designation	Executive Vice-Chairman (in the capacity of Executive Director)
Date of Appointment	May 21, 2026
Term	Three years
DIN	00038906
Status	Subject to approval of members

Mr. Aggarwal is not related to any of the other Directors of the company. Furthermore, he is not debarred from holding the office of a Director by any order passed by the Securities and Exchange Board of India or any other authority. He is also the Past President of the Society of Indian Automobile Manufacturers (SIAM) and the Automotive Skills Development Council (ASDC).