Vamshi Rubber Reappoints Key Directors for Extended Terms
By ScanX News Team
Vamshi Rubber Limited's Board of Directors has approved the reappointment of Mr. Surendra Reddy Rachervu as Managing Director and Mr. Varun Kumar Pasham as Whole-time Director for three-year terms starting July 1, 2025, subject to shareholder approval. Both executives hold B.Tech degrees in Chemical Engineering from IIT Mumbai and MMM in Marketing from JBIMS, with over 30 years of experience in the tyre retreading industry. The decision was made during a board meeting on July 26, 2025. The company confirmed that neither executive is debarred from holding directorial positions by SEBI or any other authority, and they are not related to any other board members.
*this image is generated using AI for illustrative purposes only.
Vamshi Rubber Limited , a prominent player in the tyre retreading industry, has announced significant changes to its leadership structure. The company's Board of Directors has approved the reappointment of two key executives, reinforcing its commitment to stable and experienced management.
Leadership Continuity
The Board has given its nod to the reappointment of Mr. Surendra Reddy Rachervu as Managing Director and Mr. Varun Kumar Pasham as Whole-time Director. Both appointments are for a three-year term, effective from July 1, 2025, subject to shareholder approval.
Executive Profiles
Mr. Surendra Reddy Rachervu and Mr. Varun Kumar Pasham bring a wealth of experience to their roles:
- Both hold B.Tech degrees in Chemical Engineering from IIT Mumbai
- They have completed their MMM in Marketing from JBIMS, Mumbai University
- Each boasts over 30 years of experience in the tyre retreading industry
Board Meeting Details
The decision was made during a board meeting held on July 26, 2025, which commenced at 11:30 A.M. and concluded at 12:30 P.M. The reappointments were based on recommendations from the Nomination and Remuneration Committee.
Regulatory Compliance
In line with regulatory requirements, Vamshi Rubber Limited has confirmed that neither Mr. Rachervu nor Mr. Pasham is debarred from holding directorial positions by any order of the Securities and Exchange Board of India (SEBI) or any other authority. This compliance is in accordance with the circular dated June 20, 2018, issued by stock exchanges.
Corporate Governance
The company has emphasized that neither of the reappointed directors is related to any other director on the company's board, underlining the independence of the leadership team.
These reappointments signal Vamshi Rubber's focus on maintaining leadership stability and leveraging the extensive industry experience of its top executives. As the company moves forward, the continued guidance of Mr. Rachervu and Mr. Pasham is expected to play a crucial role in shaping its strategic direction in the competitive tyre retreading market.
Historical Stock Returns for Vamshi Rubber
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -2.63% | -8.91% | +6.78% | -2.02% | +223.81% |
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