Lumax Industries designates four senior management personnel
Lumax Industries has designated four executives as Senior Management Personnel effective July 20, 2026, following a Board approval via Circular Resolution. The new appointees include Mr. C S Singh as CTO - 4W, Mr. Suva Ranjan Das as CTO - Electronics and Technologies, Mr. Suveer Sheopuri as Business Marketing Head – 2W Vertical, and Mr. Pramod Saini as Business Marketing Head - 4W (Group 2). Additionally, Mr. Norihisa Sato ceased to be a Senior Management Personnel due to internal organizational changes.
*this image is generated using AI for illustrative purposes only.
Lumax Industries has designated four executives to its Senior Management Personnel cadre effective July 20, 2026, strengthening its leadership in technology and marketing. The Board of Directors approved the designations via a Circular Resolution following the recommendation of the Nomination and Remuneration Committee. This restructuring also involved the cessation of Mr. Norihisa Sato as a Senior Management Personnel on the same date due to changes in the internal organization structure.
New Appointments
The company designated Mr. C S Singh as the Chief Technology Officer (CTO) - 4W. Mr. Singh brings over 25 years of exclusive automotive lighting experience, having previously completed a DTDM from Indo-Danish Tool Room and a Strategic Management of Innovation course from IIM Bangalore. Mr. Suva Ranjan Das was appointed as the Chief Technology Officer - Electronics and Technologies. He holds an Engineering degree from Utkal University and an MBA in General Management from IIM Bangalore, with over 25 years of experience in product development across automotive, consumer electronics, and aerospace sectors.
Marketing Leadership Changes
In the marketing vertical, Mr. Suveer Sheopuri was designated as the Business Marketing Head – 2W Vertical. He possesses a B.Tech (Mechanical) and an MBA in Marketing, backed by over 35 years of experience in business strategy and operations. Mr. Pramod Saini was appointed as the Business Marketing Head - 4W (Group 2). He has completed an MBA in Marketing and brings over 33 years of rich experience, including five years with Lumax Industries Limited.
Management Changes Table
| Name | Designation | Date of Effect | Experience |
|---|---|---|---|
| Mr. C S Singh | Chief Technology Officer (CTO) - 4W | July 20, 2026 | Over 25 years in automotive lighting |
| Mr. Suva Ranjan Das | Chief Technology Officer - Electronics and Technologies | July 20, 2026 | Over 25 years in product development |
| Mr. Suveer Sheopuri | Business Marketing Head – 2W Vertical | July 20, 2026 | Over 35 years in business strategy |
| Mr. Pramod Saini | Business Marketing Head - 4W (Group 2) | July 20, 2026 | Over 33 years, including 5 years with Lumax Industries Limited |
| Mr. Norihisa Sato | Executive Vice President – Global Relations Department (Cessation) | July 20, 2026 | Not Applicable |
Regulatory Disclosures
The disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that none of the newly appointed personnel are related to any Director of the Company. The appointments are on a full-time employment basis.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE162B01018/1b650e53311c452d.pdf
Historical Stock Returns for Lumax Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.75% | -5.43% | -3.33% | +6.09% | +31.74% | +239.68% |
How will the creation of distinct CTO roles for 4W and Electronics influence Lumax's R&D roadmap for EV and autonomous vehicle components?
What strategic shifts are expected in the 2W and 4W verticals under the leadership of the newly appointed marketing heads?
Does the cessation of the Executive Vice President of Global Relations signal a pivot in Lumax's international market strategy?
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