Maruti Suzuki India Limited has announced significant changes in its Senior Management Personnel (SMP) structure, effective 1st April 2026. The automotive manufacturer disclosed these organizational changes following a board meeting held on 24th March 2026, which commenced at 12:30 PM and concluded at 2:15 PM.

Key Management Appointments and Transfers

The company has implemented strategic personnel changes across multiple departments to strengthen its operational structure. These changes involve both new appointments and internal transfers of experienced executives.

Executive Profiles and Experience

Mr. Ram Suresh Akella brings extensive experience to his new role as Head – Part & Accessories. Currently serving as Executive Officer – Service Vertical, he has dedicated over 33 years to MSIL, beginning his career with the company. His diverse experience spans various areas including Sales and Network Head at Arena channel and Commercial Business head of South region. He holds a bachelor's degree in Engineering from Andhra University and an MBA from Faculty of Management Studies, University of Delhi.

Mr. B S Suresh Babu has been designated as Head-Service, leveraging his substantial experience within the organization. Currently serving as Executive Vice President, he has been with MSIL for over 26 years and possesses extensive Pan-India Field Service experience. He holds a Bachelor's Degree in Engineering from Madras Institute of Technology, Chennai.

Organizational Restructuring Details

The changes reflect strategic repositioning within the company's leadership structure. Mr. SD Chhabra has been transferred from his position as Head - Part & Accessories to Production and will no longer serve as Senior Management Personnel. Meanwhile, Mr. Manoj Gautam has ceased to be Head-Information Technology due to superannuation.

Following Mr. Gautam's superannuation, Dr. Tapan Sahoo, currently Head - Digital Enterprise (DE) and Information & Cyber Security, will assume additional responsibilities for the Information Technology function. This consolidation demonstrates the company's approach to optimizing its digital and technology leadership structure.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. All appointments maintain existing full-time employment terms, ensuring continuity in the company's operational framework. The company has confirmed that there are no relationships between the appointed executives and existing directors, maintaining governance transparency.

Maruti Suzuki India Limited has received board approval for a significant capacity expansion project at its Khoraj Industrial Estate facility. The company announced this development through a regulatory filing to stock exchanges, marking a major milestone in its manufacturing expansion strategy.

Board Approval and Investment Details

The board meeting held on March 24th approved the first phase of capacity addition at the Khoraj facility. The comprehensive expansion plan represents one of the company's largest recent investments in production infrastructure:

Current Manufacturing Capacity

Maruti Suzuki India currently operates with substantial manufacturing capabilities across multiple locations. The company's existing infrastructure demonstrates its established production strength:

Strategic Rationale and Timeline

The expansion project addresses growing market demand including export opportunities. The first phase capacity of 2,50,000 vehicles per annum is expected to be operational by 2029, subject to market conditions. The investment covers the car manufacturing plant and common infrastructure for future expansion phases.

Corporate Governance

The board meeting commenced at 12:30 p.m. and concluded at 2:15 p.m. on March 24th. The announcement follows the company's earlier communication dated January 12th regarding board approval to acquire land at Khoraj Industrial Estate from Gujarat Industrial Development Corporation. The expansion will be funded entirely through internal accruals, demonstrating the company's strong financial position.