Rane Madras announced significant changes in its Key Managerial Personnel (KMP) structure following a board meeting held on March 20, 2026. The Board of Directors, acting on recommendations from the Nomination and Remuneration Committee, approved the transition of the Company Secretary and Compliance Officer position effective June 1, 2026.

Leadership Transition Details

The company will witness a seamless transition in its key management position with the following changes:

New Appointee Profile

Mr. Venkatraman brings substantial expertise to his new role as Company Secretary and Compliance Officer. He is an Associate Member of ICSI with over 18 years of professional experience in Secretarial and Compliance domain. His association with Rane Group dates back to 2015, where he previously served as Company Secretary & Compliance Officer of Rane Brake Lining Limited, which has since been amalgamated with the Company.

Board Meeting Proceedings

The Board of Directors meeting commenced at 10:00 hrs (IST) and concluded at 15:27 hrs (IST) on March 20, 2026. The decisions were made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Compliance and Documentation

Ms. S Subha Shree formally submitted her cessation letter, confirming her departure from the office of Company Secretary & Compliance Officer effective from the close of business hours on May 31, 2026. The transition ensures continuity in the company's secretarial and compliance functions while maintaining adherence to all applicable regulations under the Companies Act, 2013 and SEBI requirements.

The company has fulfilled its disclosure obligations by notifying both BSE Limited (Scrip Code: 532661) and National Stock Exchange of India Ltd (Symbol: RML) about these management changes, ensuring transparency and regulatory compliance.

Rane (Madras) Limited has announced significant changes in its Senior Management Personnel structure, following board approval during a meeting held on March 20, 2026. The organizational restructuring, set to take effect from June 1, 2026, involves two key executives transitioning into new executive director roles within the company's various divisions.

Board Meeting Details

The Board of Directors meeting commenced at 10:00 hrs IST and concluded at 15:27 hrs IST on March 20, 2026. The board, acting on recommendations from the Nomination and Remuneration Committee, approved the senior management changes in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Senior Management Changes

The restructuring involves two senior executives taking on expanded responsibilities across the company's key operational divisions:

Mrs. Gowri Kailasam's Transition

Mrs. Gowri Kailasam, who currently leads the Steering and Linkage Division and Light Metal Castings Division as CEO, will transition to Executive Director with expanded responsibilities. Her new role encompasses leading the Engine Components Division and Aftermarket Products Division, while additionally overseeing the Steering and Gears Division of ZF Rane Automotive India Private Limited, a joint venture company within the Rane Group.

With over 30 years of automotive industry experience, Mrs. Kailasam holds a B.Tech and Master's degree in Chemical Engineering, along with an MBA. She joined RML SLD in August 2003 as General Manager – Total Quality Management and was promoted to CEO – SLD and LMCD in November 2023 after progressing through various leadership roles.

Mr. Aditya Ganesh's New Role

Mr. Aditya Ganesh will transition from his current position as President of Light Metal Castings Division and Strategy Head of Steering and Linkage Division to Executive Director, where he will lead both the Steering and Linkage Division and Light Metal Castings Division.

A Mechanical Engineering graduate from PSG College of Technology, Mr. Ganesh holds a Master's degree in Industrial Engineering from The Ohio State University, USA, and an MBA from INSEAD (France and Singapore). He joined the company in September 2017 as General Manager – Corporate Planning for SLD and LMCD, and was promoted to his current role in July 2023.

Reporting Structure

Both executives will continue as Senior Management Personnel and will report directly to the Chairman and Managing Director of the Company. Neither executive holds director positions within the company, maintaining their status as senior management personnel under the current organizational structure.

Regulatory Compliance

The company has filed the necessary disclosures with BSE Limited (Scrip Code: 532661) and National Stock Exchange of India Ltd (Symbol: RML) in compliance with SEBI LODR regulations. The changes align with the company's strategic focus on strengthening leadership across its key operational divisions while maintaining continuity in senior management expertise.