Ashok Leyland Appoints Geeta Mathur and Sridharan Kesavan as Independent Directors

Key Highlights

• Ashok Leyland appoints Geeta Mathur and Sridharan Kesavan as Independent Directors.

• Geeta Mathur’s term is for 5 years, till August 24, 2030.

• Sridharan Kesavan’s term is for 3 years.

• Both appointments require shareholder approval in the upcoming general meeting.

• Both bring extensive finance, leadership, and corporate governance experience.

Ashok Leyland Limited has strengthened its board with the appointment of two new independent directors. The company announced that Geeta Mathur and Sridharan Kesavan have joined the board as Additional Directors with effect from August 25, 2025.

The appointments were made through a circular resolution by the Board of Directors, following the recommendation of the Nomination and Remuneration Committee.

Appointment Details

• Both leaders have been appointed as Non-Executive and Independent Directors.

• Their appointments will require shareholder approval at the upcoming general meeting.

• Geeta Mathur has been appointed for a term of five years, valid until August 24, 2030.

• Sridharan Kesavan has been appointed for a term of three years.

Profile of Geeta Mathur

Geeta Mathur is a Chartered Accountant and an alumna of Shri Ram College of Commerce, Delhi University. She brings significant financial and corporate governance expertise, having worked with several leading companies.

Currently, she serves on the boards of:

• JSW One Platforms Limited

• Dixon Technologies (India) Limited

• Canara HSBC Life Insurance Company Limited

• Info Edge India Limited

In the past, she has held board positions at Motherson Sumi Wiring India Limited, NIIT Limited, and 360 One WAM Limited. She has also worked in senior finance and strategy roles with Helpage India and Emaar MGF Land Limited.

Profile of Sridharan Kesavan

Sridharan Kesavan is a fellow member of the Institute of Chartered Accountants of India (ICAI) and the Institute of Cost and Works Accountants of India (ICWAI). With over 30 years of experience in finance and leadership, he brings deep expertise to Ashok Leyland’s board.

His long association with the company is notable; he worked with Ashok Leyland for nearly 32 years, serving as the Chief Financial Officer (CFO) until 2013. During his tenure, he played an important role in:

• Fund-raising

• Investor relations

• ERP implementation

• Strategic acquisitions

Currently, he is an Independent Director at Hinduja Tech Limited. Earlier, he worked with ICICI Limited and IBM Global Finance.

Also Read: Piaggio Joins Hands with Hinduja Leyland Finance to Simplify 3-Wheeler Ownership and Strengthen Last-Mile Connectivity in India

CMV360 Says

The appointment of Geeta Mathur and Sridharan Kesavan brings rich financial, strategic, and industry experience to Ashok Leyland’s board. Their expertise is expected to guide the company’s growth and strengthen governance in the coming years.