Mamata Machinery Limited is charting a new chapter in its leadership as it confirms a planned management transition. The board has announced that Apurva N. Kane, who has steered the company as Chief Executive Officer for several years, will retire from the role at the close of business hours on September 30, 2026. Following this transition, Rajashekar Venkat is set to assume the duties of Chief Executive Officer from October 1, 2026, marking a handover that the board frames as a step toward continued strategic momentum.
Venkat arrives with a substantial track record spanning more than 27 years in the capital equipment manufacturing sector. His career has encompassed high-impact leadership roles across packaging machinery, industrial machinery, pharmaceutical machinery, printing technologies, and analytical instruments. He has previously led initiatives at multinational firms including Kennametal, Markem-Imaje, Mettler Toledo, and Domino Printing, driving growth, operational excellence, business transformation, and market expansion across Asia and the Middle East & North Africa region.
The leadership change is presented as a continuity move designed to sustain the company’s strategic trajectory while bringing in a seasoned executive versed in global manufacturing ecosystems. As Mamata Machinery navigates its next phase, Venkat’s experience across diverse product lines and regions positions him to guide the organization through evolving market dynamics and to execute on its long-term growth agenda.