Anuj Kathuria joins JK Tyre & Industries as President (India); stock skids ~2.5%

JK Tyre & Industries Limited appointed Anuj Kathuria as President (India), reporting to Chairman & Managing Director, Raghupati Singhania and Anshuman Singhania, Managing Director, primarily based out of Delhi.

Anuj brings 31 years of wealthy expertise, having labored in senior administration positions in main and respected car corporations similar to Ashok Leyland and Tata Motors. He’s a Harvard Enterprise College alumnus and an engineer with a postgraduate diploma in advertising and finance. As well as, he has held senior administration positions within the auto trade abroad.

JK Tyre is a number one tyre firm with well-known manufacturers similar to JK Tyre, Vikrant, Tornel, and others. It has presence in additional than 105 nations throughout six continents, with 12 globally benchmarked sustainable manufacturing amenities (9 in India and three in Mexico) with a capability of greater than 32 million tyres per 12 months.

JK Tyre additionally launched India’s first-ever ‘Good tyre’ know-how with Tyre Stress Monitoring Techniques (TPMS) which screens the tyre’s important statistics’ together with stress and temperature.

At round 11.41 AM, JK Tyre was buying and selling at Rs109 down by Rs2.45 or 2.2% from its earlier closing of Rs111.45 on the BSE. The scrip opened at Rs112.50 and has touched day’s excessive and low of Rs112.50 and Rs108.70 respectively.