Gabriel India Limited, a leading player in the automotive component sector, has announced a significant change in its Board of Directors. The company disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, that Mr. Subbu Venkata Rama Behara has been appointed as an Independent Director. This change will take effect on December 14, 2024, following the completion of Mr. Pradeep Banerjee's second term on December 13, 2024.

The decision was formalized through a resolution passed by circulation on December 8, 2024, approved by the majority of the Board members. Subbu Behara's term as Non-Executive Independent Director will span three consecutive years, lasting until December 13, 2027, subject to shareholder approval.

About Subbu Venkata Rama Behara

A seasoned professional, Mr. Behara boasts an impressive academic and professional background. He holds a Master's degree in Economics from Jawaharlal Nehru University and a Postgraduate Diploma in International Trade from the Indian Institute of Foreign Trade. His illustrious career includes pivotal roles at Tata Motors (formerly TELCO), where he revolutionized India's commercial vehicle segment, and Hyundai Motor India, where he helped establish the company as a market leader.

Behara’s leadership has been instrumental in scaling Hyundai’s operations from an unknown entity to India’s second-largest car manufacturer within six months. His strategies also enabled Hyundai to become India’s largest exporter of manufactured goods, setting new benchmarks in the industry.

Currently, Behara manages Beyond Visual Range, a boutique strategy consulting firm specializing in the automotive, aerospace, and defense industries. He also serves on the boards of various prestigious companies, including MTAR Technologies Ltd. and KPIT Technologies Ltd.

Gabriel India: Strengthening Corporate Governance

This strategic appointment underscores Gabriel India’s commitment to corporate governance and innovation. Mr. Behara’s vast experience in strategy, marketing, and global operations is expected to provide invaluable insights, aligning with Gabriel India’s vision for sustainable growth.

This change aligns with SEBI’s emphasis on board independence and governance as outlined in its July 13, 2024 Circular. Gabriel India ensures compliance with these regulations, reinforcing investor confidence.

Future Opportunities

Explore the latest IPO news, share market updates, and business insights at Gabriel India. Dive deeper into the Best IPOs to Apply Now and other opportunities to make informed investment decisions.

The Upcoming IPOs in this week and coming weeks are Dhanlaxmi Corp, Jungle Camps, Toss The Coin, Sai Life Sciences, Mobikwik, Vishal Mega Mart, Supreme Facility, Purple United, Rosmerta Digital, Inventurus Knowledge and Avanse Financial.

The Current active IPO is Emerald Tyre Manufacturers.

For more insights into the latest investment opportunities, upcoming IPOs, and other market news, visit Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi and stay updated on the latest share market trends at Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance Saathi.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.

Start your Stock Market Journey and apply in IPO by opening a Free Demat Account in Choice Broking FinX.