Gabriel India Limited, a leading automotive component manufacturer, announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Rishi Luharuka, effective end of the day on May 25, 2025. The disclosure was made in a filing with the stock exchanges.
In a letter addressed to the Board of Directors dated March 17, 2025, Luharuka cited his decision to pursue professional opportunities outside the company as the reason for his resignation. He expressed gratitude to the Board, senior management at ANAND, and his colleagues for their support during his tenure as CFO and Head Strategy & Sustainability. There are no material reasons for his resignation other than the pursuit of new opportunities, as per the company’s statement.
Luharuka has a history of working in the mining, metals and in the automotive industry. He is skilled in leadership, public speaking, change management, customer service and has managed shared service, treasury, taxation functions and is a qualified CA & CFA.
The company acknowledged his contributions during his tenure and extended best wishes for his future endeavors.
Gabriel India Limited, founded in 1961, is a flagship company of the ANAND Group, headquartered in Pune, Maharashtra. It specializes in manufacturing ride control products like shock absorbers, struts, and front forks for automotive segments, including two-wheelers, passenger cars, commercial vehicles, and railways. With seven plants across India, it serves OEMs, aftermarket, and export markets, boasting a strong presence globally.