Varroc Strengthens Leadership with New Group CHRO Appointment

Varroc Engineering Limited, a globally recognised tier-1 automotive component manufacturer, has announced a significant leadership change by appointing Avijit Roy as Group Chief Human Resources Officer (CHRO). This appointment, effective from April 10, 2026, marks an important step in the company’s ongoing transformation journey.

The announcement was made through an official press release filed under Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring transparency and timely communication with investors and stakeholders.

This strategic leadership change highlights Varroc’s continued focus on building a people-first organisation, which is essential for sustaining growth in a highly competitive and evolving global automotive industry.

About Varroc Engineering Limited

Varroc Engineering Limited is one of India’s leading global automotive component manufacturers, with a strong presence across multiple international markets.

Key Highlights of the Company:

• Established in 1988
• Operates as a global tier-1 supplier
• Provides solutions across:
  • E-mobility systems
  • Lighting solutions
  • Body systems
  • Human Machine Interface (HMI)
  • Advanced electronics
  • ICE powertrain components

The company serves major Original Equipment Manufacturers (OEMs) worldwide and has a strong infrastructure base:

• 37 manufacturing facilities globally
• 7 R&D centres
• More than 6,100 employees
• Over 120 patents filed

For FY25, Varroc reported a group income of approximately ₹81,718 million, reflecting its strong operational scale.

Who is Avijit Roy?

The newly appointed Group CHRO, Avijit Roy, brings with him over 27 years of extensive experience in the automotive and manufacturing sectors.

Professional Background:

• Previously worked at Aditya Birla Group
• Held the position of Senior Vice President – Global Human Resources
• Managed HR operations for a multi-billion-dollar business
• Oversaw operations across:
  • 14 countries
  • 19 locations

Core Expertise:

• Global HR strategy and transformation
• Talent management and leadership development
• Workforce planning in complex manufacturing environments
• Industrial relations and organisational restructuring

Avijit Roy’s diverse experience makes him well-equipped to lead Varroc’s global HR transformation initiatives.

Role and Responsibilities at Varroc

As the Group CHRO, Avijit Roy will play a critical role in shaping the company’s future workforce strategy.

Key Responsibilities Include:

• Driving group-wide human resources strategy
• Building a future-ready organisation
• Enhancing organisational capability
• Promoting a high-performance culture
• Leading digital and technology-driven talent transformation

He will report directly to Arjun Jain, Whole Time Director & CEO – Business I, ensuring alignment between HR strategy and business goals.

Leadership Transition: Acknowledging Kavita Kulkarni’s Contribution

Avijit Roy succeeds Kavita Kulkarni, who served as Group CHRO for seven years.

During her tenure, she made significant contributions, including:

• Developing strong talent management frameworks
• Leading leadership development initiatives
• Building a future-ready workforce
• Strengthening organisational resilience

The company has officially acknowledged her efforts, highlighting her role in transforming Varroc into a people-centric organisation.

Management’s Perspective on the Appointment

Commenting on the appointment, Arjun Jain, CEO and Whole Time Director, emphasised the importance of people in achieving business goals.

He stated that:

• Employees are central to Varroc’s growth ambitions
• Avijit Roy’s experience will help build agile and future-ready teams
• His leadership will ensure sustainable growth from a people perspective

This reflects the company’s belief that human capital is a key driver of long-term success.

Avijit Roy’s Vision for Varroc

Upon his appointment, Avijit Roy expressed enthusiasm about joining the company at a crucial time.

Key Focus Areas Highlighted by Him:

• Building a future-ready organisation
• Integrating human insight with technology
• Creating a performance-driven culture
• Driving long-term value creation

His vision aligns with Varroc’s broader strategy of becoming a global leader in mobility solutions.

Importance of HR Leadership in Today’s Business Environment

In today’s rapidly changing business landscape, the role of a Chief Human Resources Officer has evolved significantly.

Why CHRO Role is Critical:

• Managing talent in a digital economy
• Driving organisational transformation
• Ensuring employee engagement and retention
• Aligning HR strategy with business objectives

For a company like Varroc, which operates across multiple countries, a strong HR leader is essential for maintaining consistency, efficiency, and innovation.

Strategic Importance of This Appointment

The appointment of Avijit Roy is not just a routine leadership change—it is a strategic decision.

Key Strategic Impacts:

1. Global Talent Alignment
   Strengthening HR practices across international markets
2. Digital Transformation
   Supporting the shift towards technology-driven operations
3. Workforce Optimisation
   Improving productivity and efficiency
4. Cultural Transformation
   Building a strong people-first culture

Varroc’s Focus on People and Culture

The company has clearly emphasised that people and culture are central to its growth strategy.

This is evident from:

• Investment in leadership development
• Focus on employee engagement
• Commitment to diversity and inclusion
• Emphasis on continuous learning and innovation

The new CHRO will play a key role in advancing these initiatives.

Industry Perspective: Automotive Sector Transformation

The automotive industry is undergoing rapid transformation due to:

• Rise of electric vehicles (EVs)
• Adoption of advanced technologies
• Increasing focus on sustainability

In this environment, companies need a skilled and adaptable workforce, making HR leadership more important than ever.

What This Means for Investors

For investors, leadership changes are important indicators of a company’s direction.

Positive Signals from This Appointment:

• Focus on long-term growth
• Investment in human capital
• Strengthening of global operations
• Commitment to innovation and transformation

This appointment is likely to enhance investor confidence in Varroc’s future strategy.

Future Outlook for Varroc

With this leadership change, Varroc is positioning itself for the next phase of growth.

Key Areas to Watch:

• Execution of global HR strategies
• Impact on employee productivity and retention
• Alignment with business expansion plans
• Continued focus on innovation and technology

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