Coromandel International Limited announced in its board meeting on November 6, 2026 that Sudarshan Venu will be re-appointed as an Independent Director for a second five-year term, from February 3, 2027 to February 2, 2032, subject to approval by shareholders through a postal ballot. The board has fixed the cut-off date for dispatch of the postal ballot notice and reckoning of electronic voting rights as Friday, November 6, 2026.
The decision follows the Nomination & Remuneration Committee’s recommendation and signals a continuity of governance leadership for Coromandel as it seeks to balance board independence with strategic oversight. The company also noted that the unaudited financial results for the quarter and half-year ended September 30, 2026 will be shared separately, with the relevant regulatory disclosures accompanying the results.
Mr. Sudarshan Venu is widely recognized for his leadership roles beyond Coromandel. He serves as the Chairman of TVS Motor Company, is the Managing Director of TVS Holdings Ltd, and chairs TVS Credit Services Limited. Under his stewardship, TVS Motor has pursued expansive growth, international expansion, and advances in electric mobility, while TVS Credit Services has grown rapidly to serve millions of customers. His background underscores a governance profile that brings deep familiarity with strategy, technology, and stakeholder value creation to Coromandel’s board.