Aequs Limited Appoints Ravi Kumar Assudani as Head of Engineering - Consumer Business
Aequs Limited announced that its Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Ravi Kumar Assudani as Head of Engineering - Consumer Business. Mr. Assudani has been designated as Senior Management Personnel (SMP) of the Company, with the appointment effective from May 11, 2026.The decision was made by the Board of Directors through a circular resolution passed on May 11, 2026.
The appointment marks the addition of Mr. Assudani to the company's senior leadership team. Mr. Ravi Kumar Assudani brings extensive experience spanning over 16 years in manufacturing design and operations. Previously, he held a senior leadership role at Apple Inc., where he was responsible for leading global tooling and manufacturing initiatives across multiple product lines.
Mr. Assudani holds a Master of Science in Mechanical Engineering from Stanford University and a Bachelor of Technology from the Indian Institute of Technology Guwahati. His professional expertise encompasses advanced manufacturing technologies, global supply chain management, and large-scale program execution.
The key details regarding the appointment of Senior Management Personnel are summarized below:
| Particulars | Details |
|---|---|
| Name & Designation | Mr. Ravi Kumar Assudani, Head of Engineering - Consumer Business |
| Reason for Change | Appointment as Head of Engineering - Consumer Business and designation as Senior Management Personnel |
| Date of Appointment | May 11, 2026 |
| Term | Not Applicable |
| Profile Summary | Mr. Ravi Kumar Assudani has over 16 years of experience in manufacturing design and operations, most recently serving in a senior leadership role at Apple Inc. |
AEQUS Stock Price Movement
As of 1:09 PM, shares of Aequs Limited are slipping by 3.28% in live trading, currently at ₹198.20. The stock has seen substantial intraday activity, with 1.30 million shares passing through the market so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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