Anuj Kathuria joins JK Tyre -; Industries as President (India); stock skids ~2.5%

8 Jul 2022 , 11:33 AM

JK Tyre & Industries Limited appointed Anuj Kathuria as President (India), reporting to Chairman & Managing Director, Raghupati Singhania and Anshuman Singhania, Managing Director, based out of Delhi.

Anuj brings 31 years of rich experience, having worked in senior management positions in leading and reputable automobile companies such as Ashok Leyland and Tata Motors. He is a Harvard Business School alumnus and an engineer with a postgraduate degree in marketing and finance. In addition, he has held senior management positions in the auto industry overseas.

JK Tyre is a leading tyre company with well-known brands such as JK Tyre, Vikrant, Tornel, and others. It has presence in more than 105 countries across six continents, with 12 globally benchmarked sustainable manufacturing facilities (9 in India and 3 in Mexico) with a capacity of more than 32 million tyres per year.

JK Tyre also introduced India’s first-ever ‘Smart tyre’ technology with Tyre Pressure Monitoring Systems (TPMS) which monitors the tyre’s vital statistics’ including pressure and temperature.

At around 11.41 AM, JK Tyre was trading at Rs109 down by Rs2.45 or 2.2% from its previous closing of Rs111.45 on the BSE. The scrip opened at Rs112.50 and has touched day’s high and low of Rs112.50 and Rs108.70 respectively.