Balkrishna Industries Limited has announced important decisions taken at its board meeting held on December 19, 2025. These decisions relate to changes in the company’s leadership and progress on a major production project.
The board approved the re-appointment of Arvind Poddar as Chairman and Managing Director for another five-year term. His new term will begin on August 1, 2026. Poddar has played a key role in the company’s growth over the years. Under his leadership, Balkrishna Industries moved its main focus from two-wheeler and three-wheeler tyres to the off-highway tyre segment. This shift helped the company grow steadily, with strong increases in revenue and profit.
The board also approved the appointment of two new directors, subject to approval by shareholders. Natarajan Gnanaskandan Tanjore will join as an Independent Director for a period of five years starting February 1, 2026. He is a chartered accountant and brings long experience in areas such as project finance, capital markets, and corporate finance. His knowledge is expected to support the company’s financial planning and long-term strategy.
Ashok Saraf has been appointed as a Non-Executive Non-Independent Director from the same date. He is the Managing Director of the Sarex Group and has a background in commerce and finance management. His experience in business operations and management is likely to add value to the board’s decision-making process.
To complete the appointment process, the board has approved a postal ballot notice. Shareholders will be able to vote electronically on these appointments. The e-voting period will start on December 24, 2025, and will end on January 22, 2026.
Along with leadership updates, the company also shared news about its operations. Balkrishna Industries has completed one production line of its carbon black manufacturing facility at Bhuj. With this addition, the company’s total carbon black production capacity has increased to 2,65,000 tonnes per year.
This project is part of a larger capital expenditure plan worth Rs. 3,500 crore, approved in May 2025. The plan includes new facilities for commercial vehicle tyres, power plants, rubber tracks, and passenger car radial tyres. These steps show the company’s focus on expansion and long-term growth.
