Gabriel India Limited is reshaping its top leadership, signaling a clear push toward strengthened execution across its business segments. At a board meeting held on July 21, 2026, the company announced the appointment of Mahendra K. Goyal as Executive Director and Group Chief Executive Officer and Managing Director (Group CEO & MD) for a five-year term from July 21, 2026 to July 20, 2031, subject to the approval of the members at the ensuing AGM. Alongside this, Atul Jaggi was redesignated as Managing Director (Ride Control) with effect from July 21, 2026 until October 17, 2029, aligning with a tenure previously approved by shareholders in January 2025.
Mahendra K. Goyal brings a deep, multi-faceted background to the role. A Chartered Accountant, Company Secretary, and Cost Accountant, he has been with the ANAND Group since 1995 and currently serves as its Group CEO. In his leadership capacity, he has overseen substantial group-wide transformation initiatives and held direct oversight of Gabriel India among other ANAND ventures. His designation as Group CEO & MD also places him as a Key Managerial Personnel responsible for the group’s overall supervision across its diverse business segments and joint ventures.
Atul Jaggi, 50, comes into the refreshed Ride Control leadership with a robust engineering and operations pedigree. A mechanical engineering graduate with advanced management credentials, his 25-year track record spans maintenance, supplier development, corporate quality, and manufacturing excellence. He has previously served as Deputy Managing Director of Gabriel India Limited and has held board roles across several group companies. His experience in quality-driven manufacturing aligns with Gabriel India’s ongoing focus on performance and reliability in its core segments.
Together, the moves underscore Gabriel India’s bet on seasoned leadership to steer growth, governance, and long-term value creation. While awaiting formal member consent at the AGM for the Group CEO & MD appointment, the board’s decisions reflect a strategic intent to consolidate leadership across the company’s flagship businesses and essential functions.