Eicher Motors Announces Leadership Changes, Siddhartha Lal Named Executive Chairman

Vinod Aggarwal, Vice Chairman, Eicher Motors Limited, said “I am excited with my new role and it will be my privilege to support the Board and management of Eicher Motors in my enhanced role.”

The company has also appointed Ira Gupta and Arun Vasu as Independent Directors. Ira Gupta’s appointment is effective from February 10, 2025, while all other appointments will take effect from February 13, 2025. Manvi Sinha, an Independent Director, will retire on February 12, 2025, upon completing her tenure.

- Siddhartha Lal – Executive Chairman

- Vinod Aggarwal – Vice Chairman (Non-Executive), MD & CEO of VE Commercial Vehicles

- B. Govindarajan – Managing Director, CEO of Royal Enfield

- Independent Directors: Inder Mohan Singh, S. Madhavan, Tejpreet S. Chopra, Arun Vasu, Ira Gupta

“On behalf of the entire Eicher family, I want to extend our deepest gratitude to Mr. Sandilya for his outstanding guidance and leadership over the past five decades. From his early roles in the company to serving as Managing Director, Group CEO, and ultimately Chairman for 25 years, he has been instrumental in shaping Eicher Motors into what it is today. Under his leadership, Eicher has navigated challenging times to become one of the leading commercial vehicle players in India and developing markets, while Royal Enfield became a global leader in mid-size motorcycles. We wish him the very best for the future. I would also like to sincerely thank Manvi Sinha for her invaluable contributions to EML over the past decade as an Independent Director. At the same time, we welcome Ira Gupta and Arun Vasu to the EML Board as well as congratulate Vinod and Govind on their expanded roles,” Siddhartha Lal said.