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Vikram Garga steps down from senior management role at Apollo Tyres

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Gargi
Gargi
|Updated on:01-Apr-2024 12:41 PM

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ByGargi

Updated on:01-Apr-2024 12:41 PM

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Vikram Garga resigns as Group Head of Marketing at Apollo Tyres, prompting a leadership transition. Company reaffirms commitment to transparency and operational excellence amid search for successor.

Vikram Garga steps down from senior management role at Apollo Tyres
Apollo Tyres

Recently, Apollo Tyres came forward to announce the resignation of Vikram Garga, Group Head of Marketing (APMEA), a senior management personnel from 31st March 2024 due to personal reasons.

Significance of Departure

Mr. Garga's departure signifies a significant change within Apollo Tyres' leadership structure. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has showcased all the details in Annexure A, with Mr. Garga's resignation letter enclosed as Annexure B.

Transition Plan

With such a developmental step, Apollo Tyres embarked on the search for a suitable successor who will possess the requisite skills and vision to drive Apollo Tyres' marketing efforts forward. The company confirms to withhold its commitment to transparency throughout this transitional period.

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Vikram Garga steps down from senior management role at Apollo Tyres
Apollo Tyres

Assurance and Commitment

Apollo Tyres has ensured its stakeholders, investors, employees, and buyers of its commitment to excellent operations. The company has remained strongly focused to its core objectives and has assured to stand confident in its capabilities while facing the transition period successfully.

CarBike360 Says

Mr. Garga's resignation prompts Apollo Tyres to seek new leadership for its marketing division. The company's commitment to transparency and operational excellence remains steadfast during this transition. Stakeholders are encouraged to refer to official disclosures for further inquiries.


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