TVS Supply Chain Solutions Limited has announced a significant leadership transition with the appointment of Mr. Vikas Chadha as Global Chief Executive Officer, effective January 22, 2026. The appointment comes as part of a structured succession plan following Managing Director Ravi Viswanathan's decision to retire during Financial Year 2026-27.

Leadership Transition Details

The Board of Directors approved Chadha's appointment based on recommendations from the Nomination & Remuneration Committee, following a comprehensive succession planning process. The leadership transition is planned to be completed during Financial Year 2026-27.

During the transition period, Ravi Viswanathan will continue serving as Managing Director and work closely with Chadha to ensure leadership continuity and strategic execution.

Executive Profile and Experience

Vikas Chadha brings extensive C-suite experience spanning over three decades, with a demonstrated ability to drive operations exceeding $1 billion across diverse industries and geographies. His background includes:

• Leadership Experience: 30+ years of progressive leadership in multinational organizations
• Operational Scale: Proven track record managing $1B+ P&L operations
• Previous Role: CEO of a leading Dubai-based conglomerate
• Expertise Areas: Transformational growth, operational excellence, digital innovation, and organizational transformation

Management Commentary

Chairman R. Dinesh emphasized the company's commitment to continuity and long-term value creation, stating the transition reflects their focus on stakeholder value. He highlighted Chadha's extensive international experience as a key asset for the organization's future growth.

Ravi Viswanathan expressed his commitment to ensuring a smooth transition and supporting Chadha during the induction process. Chadha acknowledged the honor of joining TVS Supply Chain Solutions during an exciting phase, recognizing the company's strong global platform, deep customer partnerships, and talented team.

Regulatory Compliance

The appointment was disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Board meeting regarding this appointment commenced at 5:00 PM IST and concluded at 5:30 PM IST on January 14, 2026.

The structured leadership transition demonstrates TVS Supply Chain Solutions' proactive approach to succession planning while maintaining operational continuity and strategic focus during this important organizational change.

TVS Supply Chain Solutions Ltd has secured a significant three-year contract from Daimler India Commercial Vehicles (DICV) to manage comprehensive in-plant warehouse operations at DICV's manufacturing facility in Chennai. The strategic partnership, announced on January 12, represents a major business win for the logistics solutions provider.

Contract Details and Deployment

The engagement involves substantial operational commitment from TVS Supply Chain Solutions, with the following key parameters:

Under the agreement, TVS SCS will handle comprehensive warehouse operations within the facility, focusing on ensuring smooth material flow, optimised inventory management, and improved operational efficiency to strengthen DICV's production ecosystem.

Technology Integration and Advanced Solutions

The warehouse management services will leverage cutting-edge technologies to enhance operational performance:

• IoT-based tracking systems for real-time visibility across operations
• Automation-led systems designed to reduce manual handling requirements
• Predictive analytics capabilities for smarter planning and decision-making
• Digital dashboards providing centralised performance monitoring

These technological capabilities are designed to support DICV's focus on efficiency and quality while strengthening their overall production ecosystem.

Management Commentary

Sukumar K, CEO of India & MEA at TVS Supply Chain Solutions, highlighted the company's positioning for the engagement: "Our global experience with Daimler, combined with our expertise in in-plant logistics, automation-led operations, and real-time visibility solutions, positions us well to drive measurable efficiencies. We look forward to further strengthening their production ecosystem and supporting their commitment to world-class manufacturing."

C Muthu Maruthachalam, President & Chief Operating Officer at Daimler India Commercial Vehicles, emphasised the partnership's strategic importance: "Efficient in-plant logistics is vital to our production success. Partnering with TVS Supply Chain Solutions allows us to leverage their proven expertise and technology-driven approach to enhance our operational performance."

Market Performance

Shares of TVS Supply Chain Solutions Ltd closed at ₹106.49 on January 12, declining by ₹0.66 or 0.62% on the BSE. The contract announcement comes as the company continues to expand its logistics and supply chain management operations across various industrial sectors.