Ashok Leyland Share: After the market closed, the company gave a big update regarding the change in management

News Topical, Digital Desk : Ashok Leyland informed after the stock market closed on Monday that S Mahesh Babu, CEO of Ashok Leyland's electric vehicle unit Switch Automotive Mobility, has resigned from his post. His resignation will be effective from 31 August 2025. The company has informed that Ganesh Mani will take over the additional charge of CEO of Switch Automotive Mobility from 1 September 2025. Ganesh Mani is currently working on an important position in Ashok Leyland and now he will further advance the company's electric vehicle strategy in this new role. This change is considered an important step towards strengthening Ashok Leyland's leadership in the electric mobility segment.

The company has informed that S Mahesh Babu, CEO of Switch Automotive Mobility Ltd, has decided to resign from his post. He will separate from the company from 31 August 2025 and pursue new opportunities outside the group. From 1 September 2025, Ganesh Mani, who is currently the Chief Operating Officer (COO) of Ashok Leyland, will take over as the additional CEO of Switch Automotive Mobility Limited (Switch India). 

What will be the benefit Dheeraj G Hinduja, Chairman of Switch Mobility, said, "We appreciate Mahesh's contribution to the company during his tenure. He achieved significant achievements, including EBITDA breakeven in FY25. Now Switch India is ready to take the business forward and achieve profitable status (PAT positive) soon." He further said "Ganesh Mani has operational efficiency and experience in successfully implementing large-scale transformational initiatives, which will take Switch India to the next stage of profitable growth." 

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