Gabriel India Announces Resignation of CFO Rishi Luharuka

Luharuka cited his decision to pursue professional opportunities outside the company as the reason for his resignation.

Arunima  PalBy Arunima Pal calendar 17 Mar 2025 Views icon10236 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Gabriel India Announces Resignation of CFO Rishi Luharuka

Gabriel India Limited, a leading automotive component manufacturer, announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Rishi Luharuka, effective end of the day on May 25, 2025. The disclosure was made in a filing with the stock exchanges.

In a letter addressed to the Board of Directors dated March 17, 2025, Luharuka cited his decision to pursue professional opportunities outside the company as the reason for his resignation. He expressed gratitude to the Board, senior management at ANAND, and his colleagues for their support during his tenure as CFO and Head Strategy & Sustainability. There are no material reasons for his resignation other than the pursuit of new opportunities, as per the company’s statement.

Luharuka has a history of working in the mining, metals and in the automotive industry. He is skilled in leadership, public speaking, change management, customer service and has managed shared service, treasury, taxation functions and is a qualified CA & CFA.

The company acknowledged his contributions during his tenure and extended best wishes for his future endeavors.

Gabriel India Limited, founded in 1961, is a flagship company of the ANAND Group, headquartered in Pune, Maharashtra. It specializes in manufacturing ride control products like shock absorbers, struts, and front forks for automotive segments, including two-wheelers, passenger cars, commercial vehicles, and railways. With seven plants across India, it serves OEMs, aftermarket, and export markets, boasting a strong presence globally. 

RELATED ARTICLES
Tata Elxsi Secures €50 Million Strategic Deal with Leading European Automotive OEM

auther Arunima Pal calendar17 Apr 2025

As part of the agreement, Tata Elxsi will establish a dedicated Global Engineering Centre to support the OEM’s software ...

Wardwizard Innovations & Mobility Reduces Prices Across Joy e-Bike Models 

auther Arunima Pal calendar17 Apr 2025

The company has introduced a price reduction of up to ₹13,000 on selected models.

Tata Elxsi Posts ₹172.4 crore PAT for Q4FY25; Announces Major Wins and Aerospace Foray

auther Arunima Pal calendar17 Apr 2025

For the fourth quarter (Q4FY25), Tata Elxsi posted revenues of ₹908.3 crore, with an EBITDA of ₹207.7 crore and a PAT of...