Uno Minda Limited, a prominent automotive component manufacturer, announced today that Mr. Rajeev Gandotra, Domain CEO of 4W Lighting, has retired from the company effective February 28, 2025. The company disclosed this information in a regulatory filing to the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) in compliance with SEBI regulations.
The filing, signed by Company Secretary and Compliance Officer Tarun Kumar Srivastava, stated that Mr. Gandotra's departure is due to superannuation. The company submitted the required disclosures in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and recent SEBI circular dated November 11, 2024.
Uno Minda Limited, formerly known as Minda Industries Limited, is headquartered in Manesar, Haryana. The company has established itself as a significant player in the automotive components industry in India, with manufacturing facilities across multiple locations. The company is listed on both the NSE with the symbol UNOMINDA and on the BSE with scrip code 532539.
The regulatory filing did not mention any replacement for Mr. Gandotra's position, nor did it provide details about succession planning for the 4W Lighting division, which is focused on automotive lighting systems for four-wheeled vehicles.