UNO Minda Appoints Vivek Joshi as CEO for LPS Domain

UNO Minda Ltd. has appointed Mr. Vivek Shripad Joshi as the new Chief Executive Officer for its Light Metal and Powertrain Systems (LPS) Domain. This appointment is effective April 19, 2026, and Mr. Joshi will serve as Senior Management Personnel.

Mr. Joshi brings over twenty-eight years of extensive global automotive manufacturing experience to this senior role.

Appointment Details

The Board of Directors at UNO Minda Ltd. approved the appointment of Mr. Vivek Shripad Joshi as the new Chief Executive Officer for the Light Metal and Powertrain Systems (LPS) Domain. The leadership change is effective April 19, 2026.

A structured transition plan is in place for the initial three months, involving the current CEO, Mr. Kundan Kumar Jha. This plan is designed to ensure continuity and stability during the handover.

Strategic Importance

This leadership appointment is a strategic move by UNO Minda to strengthen leadership within its LPS Domain, a critical segment for automotive components. With Mr. Joshi's deep experience, the company aims to enhance performance and drive growth in this area.

The transition plan, which includes the current CEO, reflects a commitment to a smooth handover. The goal is to leverage existing knowledge while integrating new strategic direction.

Company Background

UNO Minda is a leading Indian auto component manufacturer known for its diverse product portfolio serving global original equipment manufacturers (OEMs). The company organizes its operations into distinct domains, with the Light Metal & Powertrain Systems (LPS) unit being a key strategic business area. This domain-specific approach aims to foster synergies between related technologies and businesses.

UNO Minda has a history of leadership realignments. The company has previously announced multiple senior management changes, often effective around April 1st, demonstrating a proactive approach to talent management.

Key Changes and Focus

• LPS Domain Leadership: Shareholders can expect new strategic direction and operational oversight for the LPS segment under Mr. Joshi's leadership.
• Smooth Transition: The handover process with the current CEO is planned to minimize disruption and utilize existing institutional knowledge.
• Performance Focus: Mr. Joshi will lead the LPS domain with accountability for its performance and key indicators.
• Current CEO's Role: Following the transition, Mr. Jha will move to a strategic capacity, contributing to the company's long-term vision.

Competitive Landscape

UNO Minda operates in a competitive market alongside major players like Samvardhana Motherson International Ltd., Sona BLW Precision Forgings Ltd., and Endurance Technologies Ltd.

Samvardhana Motherson (formerly Motherson Sumi) offers a wide range of components. Sona BLW specializes in precision forged powertrain components, including those for electric vehicles. Endurance Technologies manufactures auto parts such as die-cast components and braking systems.

UNO Minda's decision to appoint a domain-specific CEO aligns with industry trends favoring specialized leadership to drive innovation and market share in areas like powertrain systems.

Investor Focus

• LPS Domain Performance: Investors will monitor the business unit's metrics and growth under Mr. Joshi.
• Transition Effectiveness: The success of the handover process and Mr. Jha's transition to his new strategic role will be observed.
• Future Strategy: New strategic initiatives or focus areas for the LPS domain will be of interest.
• Overall Growth: How this leadership change impacts UNO Minda's broader growth objectives and market position will be tracked.