BSECompany Update3d ago · 3 Aug 2026, 05:18 pm

Press Release

Remsons Industries Ltd · 530919

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Remsons Industries Ltd has appointed Rahul Prabhakar Desai as its new Chief Executive Officer (CEO), effective August 3, 2026, replacing Amit Srivastava. Desai has over three decades of experience in the automotive manufacturing industry, including 17 years in CEO and senior leadership roles.

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Remsons Industries Ltd - 530919 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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3rd August, 2026 To, To, The Manager The Manager – Listing Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, ‘G’ Block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 530919 Symbol: REMSONSIND Dear Sir / Ma’am, Sub: Press Release regarding the Appointment of Chief Executive Officer (CEO). Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Press Release issued by the Company regarding the appointment of Mr. Rahul Prabhakar Desai as the Chief Executive Officer (CEO) of Remsons Industries Limited, effective 3rd August, 2026. Kindly take the same on your record. Thanking you, Yours faithfully, For REMSONS INDUSTRIES LIMITED ROHIT DARJI COMPANY SECRETARY & COMPLIANCE OFFICER MEMBERSHIP NO. A37077 Encl.: as above Reg. Office: 1122, Solitaire Corporate Park, Andheri Ghatkopar Link Road, Tel: (+91) (22) 4230 0000 Chakala Near Satam Wadi, Andheri (E), Mumbai, 400093, Maharashtra. India. CIN: L51900MH1971PLC015141 Website: www.remsons.com Email: corporate@remsons.com Press Release Remsons Industries Appoints Rahul Desai as Chief Executive Officer to Lead the Company's Next Phase of Growth Mumbai, August 3, 2026: Remsons Industries Ltd., a pioneer in cables & shi(cid:332)ers for automo(cid:415)ve industry, has announced the appointment of seasoned automo(cid:415)ve industry leader Mr. Rahul Prabhakar Desai as its new Chief Execu(cid:415)ve Officer (CEO), effec(cid:415)ve August 3, 2026. The appointment was approved by the Company's Board of Directors at its mee(cid:415)ng held on July 27, 2026, based on the recommenda(cid:415)on of the Nomina(cid:415)on and Remunera(cid:415)on Commi(cid:425)ee. Mr. Desai succeeds Mr. Amit Srivastava, whose resigna(cid:415)on has been accepted by the Board and will take effect from the close of business hours on September 4, 2026. The Board placed on record its sincere apprecia(cid:415)on for Mr. Srivastava's dedicated leadership, valuable contribu(cid:415)ons, and commi(cid:425)ed service during his tenure with the Company. Bringing over three decades of experience in the automo(cid:415)ve manufacturing industry, including more than 17 years in CEO and senior leadership roles, Mr. Desai is widely recognized for driving opera(cid:415)onal excellence, strategic transforma(cid:415)on, business expansion, and sustainable profitability across global manufacturing organiza(cid:415)ons. Prior to joining Remsons Industries, Mr. Desai served as Execu(cid:415)ve Director & Chief Execu(cid:415)ve Officer at Pinnacle Industries Limited, where he led opera(cid:415)ons across five manufacturing facili(cid:415)es with complete P&L responsibility. Before that, he spent nearly a decade as Chief Execu(cid:415)ve Officer at CIE India, overseeing mul(cid:415)ple business divisions and ten manufacturing plants. He has also held senior leadership posi(cid:415)ons at GKN Sinter Metals Limited and Inteva Products India, building an impressive track record in automo(cid:415)ve manufacturing and opera(cid:415)onal leadership. Throughout his career, Mr. Desai has successfully led greenfield manufacturing projects, implemented Lean Manufacturing and Six Sigma prac(cid:415)ces, driven cost op(cid:415)miza(cid:415)on ini(cid:415)a(cid:415)ves, advanced ESG-focused opera(cid:415)onal strategies, and cul(cid:415)vated high-performing teams while forging strategic partnerships with leading global OEMs. He holds a Bachelor's degree in Mechanical Engineering, is a cer(cid:415)fied Six Sigma Black Belt, and has completed execu(cid:415)ve leadership programmes at the Indian Ins(cid:415)tute of Management Ahmedabad, along with advanced produc(cid:415)on management training in Japan and the United States. Mr. Desai's appointment marks an important milestone in Remsons Industries' growth journey as the Company con(cid:415)nues to strengthen its posi(cid:415)on in the global automo(cid:415)ve components industry through innova(cid:415)on, opera(cid:415)onal excellence, and customer-centric manufacturing capabili(cid:415)es. About Remsons Industries Ltd. Remsons Industries Ltd. is an automo(cid:415)ve OEM components manufacturer supplying to two, three and four-wheeler vehicles, commercial vehicles and off highway vehicles all over India and automo(cid:415)ve OEM’s globally for over 50 years. Headquartered in Mumbai, Remsons has state of the art facili(cid:415)es in Gurgaon, Pune, Pardi and Daman in India, also Stourport & Redditch in England (UK). Remsons has been a stalwart in the auto industry for half a century, consistently delivering top- notch products with its mission to combine advance technology, human intelligence to scale newer heights of Product Innova(cid:415)on to make a difference to its stakeholders, the environment and society at large. The company's exper(cid:415)se extends across a range of high-quality auto components, including Control Cables, Gear Shi(cid:332)ers, Pedal Boxes, Winches, ligh(cid:415)ng, sensors to many OEMS within and outside India. Remsons Industries Limited has been Great Place To Work® Cer(cid:415)fied™ in India 4 year in a row. Remsons was Ranked 30th among India’s great Mid-Size Workplaces It is also recognised as Best Workplace in the Auto and Auto Components Industries, Top 50 Workplaces in Manufacturing Companies and Top 25 in building a culture of Innova(cid:415)on. Remsons also won the “Economic Times” – Employee Experience Award and Human Capital GOLD category Award.