Vipin Sondhi resigns
Vipin Sondhi, Managing Director and Chief Executive Officer of Ashok Leyland Ltd. (ALL) will step down from his position with effect from close of business hours of December
31, 2021. The Board of Directors of ALL have taken note of his resignation following which Dheeraj Hinduja, Chairman at ALL will take over as Executive Chairman with immediate effect. Vipin Sondhi worked joined ALL in December 2019. Commenting on the decision, Sondhi said, “My decision is purely a personal one as I need to take care of my personal and family responsibilities, which have become a top priority.” Acknowledging Sondhi’s contribution towards the company, the Chairman added, “I would like to place on record Vipin’s significant contribution in ALL navigating the disruption caused by the Covid-19 pandemic and seeding firm actions to pursue our vision.”