KSH International Limited Appoints Hukumchand Lakhotiya as Chief Executive Officer

2 min read     Updated on 31 Mar 2026, 07:52 PM
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KSH International Limited, one of India's leading manufacturers and largest exporter of magnet winding wires, has appointed Mr. Hukumchand Chandratan Lakhotiya as Chief Executive Officer effective April 02, 2026. Mr. Lakhotiya brings over thirty years of experience in electrical and power sectors, including leadership roles at CG Power & Industrial Systems Ltd. and Schneider Electric. The company, founded in 1981, operates four manufacturing facilities in Maharashtra with a total annual capacity of 43,445 MTs, serving OEMs across power, renewables, railways, and automotive sectors.

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KSH International Limited has announced a significant leadership appointment with the naming of Mr. Hukumchand Chandratan Lakhotiya as its new Chief Executive Officer. The appointment was approved by the Board of Directors during their meeting held on March 31, 2026, following a recommendation from the Nomination and Remuneration Committee.

Appointment Details

The new CEO appointment becomes effective from April 02, 2026. Additionally, Mr. Lakhotiya has been designated as Key Managerial Personnel under Section 203 of the Companies Act, 2013, and Regulation 30(5) of the SEBI Listing Regulations.

Parameter: Details
Name: Mr. Hukumchand Chandratan Lakhotiya
Position: Chief Executive Officer
Effective Date: April 02, 2026
Additional Role: Key Managerial Personnel
Board Meeting Date: March 31, 2026
BSE Scrip Code: 544664
NSE Symbol: KSHINTL

Company Profile

KSH International Limited is one of India's leading manufacturers and largest exporter of magnet winding wires. Founded in 1981, the company provides ultra-precision special and standard magnet winding wires to OEMs across power, renewables, railways, motors for EVs and ICE, motors for industrial, home appliances, compressors for air conditioning and refrigeration.

Business Details: Information
Founded: 1981
Business: Magnet winding wires manufacturer and exporter
Manufacturing Facilities: Four facilities in Maharashtra
Total Annual Capacity: 43,445 MTs
Facility Locations: Taloja (1), Chakan (2), Supa (1)

Professional Background

Mr. Lakhotiya brings over thirty years of domestic and international experience in the electrical and power sectors to his new role. His extensive career includes more than twenty-five years at prominent organizations such as CG Power & Industrial Systems Ltd. and Schneider Electric Pte Ltd. in Singapore.

During his tenure at CG Power, he demonstrated strong leadership capabilities by managing the transformer, switchgear and EPC business across Asia. His responsibilities encompassed overseeing several regional Asian plants as well as the company's exports business. Prior to joining KSH International, Mr. Lakhotiya served as COO Waste to Energy at SAEL Industries Ltd.

Educational Qualifications and Leadership Expertise

Mr. Lakhotiya holds impressive academic credentials including MTech in Industrial Management from Indian Institute of Technology (IIT) Bombay and a Bachelor's degree in Electrical Engineering from Government College of Engineering, Amravati, India (Gold Medallist). Throughout his career, he has held leadership roles across multiple business functions including P&L management, multi-plant operations, sales and business development, green energy initiatives, digitalization projects, and project management.

Management Statement

KSH International Managing Director, Mr. Rajesh Hegde said, "We extend Hukumchand (i.e. Hemant) a warm welcome to KSH. His experience in the transformer and electrical industries, both locally and globally, as well as leading large multinational businesses will be invaluable as we establish the company as a leading provider of specialized magnet winding wires in India and abroad."

The company has confirmed that Mr. Hukumchand Chandratan Lakhotiya is not related to any Director of the Company, ensuring independence in his appointment. The disclosure has been made in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Historical Stock Returns for KSH International

1 Day5 Days1 Month6 Months1 Year5 Years
+0.88%-2.18%+19.90%+26.30%+26.30%+26.30%

How will Mr. Lakhotiya's international experience help KSH International expand its global market share in the competitive magnet winding wire industry?

What strategic initiatives might the new CEO implement to capitalize on the growing electric vehicle market demand for specialized magnet winding wires?

Could this leadership change signal KSH International's plans to increase its manufacturing capacity beyond the current 43,445 MTs annual capacity?

1 Year Returns:+26.30%