Lumax Group CEO Vineet Sahni resigns

Vineet Sahni has been associated with Lumax for over a decade now. He joined as the CEO of Lumax Industries Limited in May 2013

Vineet Sahni has resigned  as the Chief Executive Officer of the Lumax-DK Jain Group due to personal commitments, said the company in an exchange filing. April 14 will be his last working day in the company.

He joined the Lumax Group in May 2013 as the CEO for Lumax Industries, from Tier 1 supplier Varroc Lighting Systems where he held the position of Director.

Sahni has been associated with the Indian auto component industry for more than two decades, including having a 10-year stint with Minda Industries till 2011.

Just a few days back Lumax Industries accepted the resignation of Shruti Kant Rustagi from the position of Chief Financial Officer (CFO) consequent upon his transfer to Group Corporate Materials Function. In the same announcement, Ravi Teltia was appointed as Vice President and Chief Financial Officer with effect from April 1, 2023.