Ahead of the company’s demerger into CV and PV businesses, domestic automaker Tata Motors has announced key leadership changes. It said Girish Wagh will lead its commercial vehicle entity, while Shailesh
Chandra will head the passenger vehicle unit.
The company also appointed P B Balaji, who is set to join JLR as its global CEO, as a director on the boards of both PV and CV entities.
In a regulatory filing, the company said its board has approved the appointment of Girish Wagh to the board of TML Commercial Vehicles Ltd — the proposed listed entity in which the commercial vehicles business of the automaker would be demerged — as an Additional Director, Managing Director and CEO effective October 1, 2025.
The Mumbai-based auto major’s commercial vehicles business and its related investments would be housed in one entity, while the passenger vehicles business, including PV (passenger vehicle), EV (electric vehicle), JLR (Jaguar Land Rover), and its related investments, will be part of the other firm.
The automaker also appointed Shailesh Chandra as an Additional Director, Managing Director and CEO of the passenger vehicle entity company, effective October 1, 2025, for a period of three years till September 30, 2028.
Chandra will continue to serve as the Managing Director of Tata Passenger Electric Mobility Limited, the electric vehicle entity and wholly-owned subsidiary of the company, the filing said.
Besides, the company has appointed Sudha Krishnan as an Additional, Non-Executive Independent Director of the company, for a tenure of five years commencing from October 1, 2025.
Tata Motors said Hanne Sorensen will continue to be a director on the Board of Jaguar Land Rover Automotive Plc. UK, Kosaraju Veerayya Chowdary and Guenter Karl Butschek will join the Board of TML Commercial Vehicles Ltd.
Shares of Tata Motors on Friday, September 27, rose by 1.3% to close at Rs 672.9 apiece on the NSE.
