Pritika Auto Industries: Ajay Kumar Appointed Joint MD
Pritika Auto Industries Limited announced a change in designation for Mr. Ajay Kumar at its 46th Annual General Meeting held on September 29, 2026. Mr. Kumar's designation has been changed from Whole-time Director, currently Executive Director, to Joint Managing Director, effective August 8, 2026. He will continue to serve as a Key Managerial Personnel under Section 203 of the Companies Act, 2013. Mr. Kumar, aged 52, holds a B.E. and MBA, with over 31 years of industry experience, including 26 years with the Pritika Auto group, overseeing various functional areas and possessing expertise in production and marketing. He is not related to any other directors or KMPs and is not debarred from holding office.
Key Highlights
- Ajay Kumar appointed Joint Managing Director, effective August 8, 2026.
- Designation change approved at the 46th Annual General Meeting.
- Kumar is a Key Managerial Personnel with 31+ years of experience.
- He has extensive experience in production and marketing.
- No relation to other directors or KMPs; not debarred from office.
Price Impact
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