TVS Supply Chain Solutions Limited, a worldwide provider of supply chain solutions, has revealed that its founder and promoter, Mr. R. Dinesh, who is also the Executive Vice Chairman of the Company, has been appointed as the new Executive Chairman by the Board of Directors. Mr. S. Mahalingam has completed his two terms as Independent Director and stepped down as Chairman, effective from 29th August 2023.
Further, TVS SCS, part of the TVS Mobility Group, announced the appointment of Mr. K. Ananth Krishnan and Mr. Narayan K. Seshadri as additional Independent Directors on its Board. With this appointment, the new Board will have 5 Independent Directors (the other 3 being Mr. Tarun Khanna, Mr. B. Sriram and Ms. Gauri Kumar). Mr. S. Ravichandran, Non-Executive Director has resigned from the Board of the company to pursue his personal interests.
“I thank our Chairman Mr. S. Mahalingam for his mentorship and guidance through his tenure at TVS SCS. TVS SCS is now at an inflection point and poised to open yet another new chapter of exponential growth in its illustrious history. We always believed in the Growth Framework – Customer, Capability, Country – as we built on the company’s resilient business model with multiple drivers for profitable growth.”
~ Mr. R. Dinesh, Executive Chairman, TVS Supply Chain Solutions
He further added, “As we embark on our next growth phase, I would like to extend a warm welcome to Mr. K. Ananth Krishnan and Mr. Narayan K. Seshadri to the Board in sync with our technology-driven client-centricity focus as well as constant business transformation goals. Further, their expertise will support TVS SCS on its continued growth journey as we work towards establishing our leadership as a technology-led Global Supply Chain player.”
“From its early years, TVS SCS perceived itself as a global multinational company. It continuously expanded its global footprint, while simultaneously creating local organisations, with a single name and purpose. I am happy that Mr. R. Dinesh, who has shown great entrepreneurship in building this organisation, will take over as the Chairman, as TVS SCS begins its journey as a listed company. I wish Mr. Dinesh and team all the best as he takes TVS SCS to greater heights.”
~ Mr. S. Mahalingam, the outgoing Chairman
TVS SCS, which is promoted by TVS Mobility Private Limited, T.S. Rajam Rubbers Private Limited, Dhinrama Mobility Solution Private Limited, and Ramachandhran Dinesh, successfully listed on the stock exchanges on 23rd August after a successful IPO.
