NewsYuken India Limited appoints Mr. Rakesh Kumar A as Chief Executive Officer effective April 29, 2026Yuken India Limited appoints Mr. Rakesh Kumar A as Chief Executive Officer effective April 29, 2026
Yuken India Limited has announced the appointment of Mr. Rakesh Kumar A as Chief Executive Officer (CEO) with effect from April 29, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Rakesh Kumar A brings over 32 years of experience with the company, having joined as a Trainee Engineer in 1993 and most recently serving as Chief Operating Officer since 2024. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Yuken India Limited has announced the appointment of Mr. Rakesh Kumar A as Chief Executive Officer (CEO) of the company with effect from April 29, 2026. The appointment was approved by the Board of Directors at its meeting held on April 29, 2026, based on the recommendation of the Nomination and Remuneration Committee. The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Board Meeting Details
The Board meeting convened on April 29, 2026, commenced at 10:37 AM IST and concluded at 10:45 AM IST. The meeting was held to consider and approve the appointment of the new CEO. The company has informed both BSE Limited and the National Stock Exchange of India Ltd. about this development, with the scrip code 522108 on BSE and symbol YUKEN on NSE.
Profile of Mr. Rakesh Kumar A
Mr. Rakesh Kumar A is a Mechanical Engineer and seasoned business leader with over 32 years of experience with Yuken India Limited. He joined the company on January 1, 1993, as a Trainee Engineer and has worked across key functions including design, manufacturing, quality, marketing, and sales.
| Key Milestones | Details |
|---|---|
| Joining Date | January 1, 1993 |
| Initial Role | Trainee Engineer |
| Experience | Over 32 years with the company |
| COO Appointment | 2024 |
| CEO Appointment | April 29, 2026 |
Career Progression and Contributions
Throughout his tenure, Mr. Rakesh Kumar A has played a key role in expanding the company's presence in the steel and industrial sectors. He was instrumental in the localisation of steel mill application technology from Yuken Kogyo Co., Ltd., Japan to India. Over the years, he led the steel business, headed the Systems Division's sales and marketing, and since 2018 has overseen sales and marketing across all business verticals. In 2024, he was appointed as Chief Operating Officer (COO), where he managed overall operations in coordination with the leadership team.
Regulatory Compliance
The appointment details have been disclosed in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that there is no disclosure of relationship between directors required in this case. The communication was signed by Suhas H M, Company Secretary & Compliance Officer, on behalf of Yuken India Limited.
Historical Stock Returns for Yuken
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.66% | -0.12% | +23.12% | -18.54% | -8.76% | +23.35% |
What strategic initiatives might Mr. Rakesh Kumar A prioritize to expand Yuken India's market share in the hydraulic equipment sector under his leadership?
How could his extensive experience in steel industry applications position Yuken India to capitalize on India's infrastructure and manufacturing growth plans?
Will the new CEO's focus on technology localization lead to reduced dependence on Japanese parent company Yuken Kogyo and increased domestic R&D investments?
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