UCAL LIMITED Appoints Deputy Managing Director as Chief Executive Officer
The Board of Directors at UCAL LIMITED has approved the appointment of Mr. Adithya Srivatsa Jayakar as the Chief Executive Officer (CEO) of the company, effective August 13, 2026. The decision followed a meeting held by the Board of Directors on that date and was based on the recommendation of the Nomination and Remuneration Committee.Mr. Adithya Srivatsa Jayakar will assume the role of CEO while continuing to hold the position of Deputy Managing Director (DMD). He will discharge the duties and responsibilities of both offices, providing continuity in executive leadership for UCAL LIMITED.
Executive Profile Details
Mr. Adithya Srivatsa Jayakar possesses extensive management experience within the Automotive Industry. His professional background includes wide knowledge and experience across general management, sales, marketing, operations management, and supply chain management. He has worked with all operational departments, including finance, purchasing, research and development, marketing, and human resources.The Board views his leadership capabilities and experience as highly suited to guide the company’s strategic initiatives, ensuring operational excellence and sustainable growth.
Key Appointment Details
The following table outlines the specifics of the appointment:| Particular | Detail |
|---|---|
| Reason for Change | Appointment as Chief Executive Officer (CEO) |
| Date of Appointment | 13th August 2026 |
| Roles Held | Deputy Managing Director and Chief Executive Officer |
Relationship Disclosure
Mr. Adithya Srivatsa Jayakar is the son of Mr. Jayakar Krishnamurthy, who serves as a Managing Director at UCAL LIMITED. He has been confirmed that he is not debarred from holding any office by virtue of any SEBI Order or other such authority.UCAL Stock Price Movement
On Thursday, UCAL LIMITED stock rallied hard in the market, finishing up 8.60% to settle at ₹126.00 after gaining ₹9.98. Trading activity saw the equity exchange hands over 17,056 shares during the day.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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