Another succession in the TVS Group companies took place at Sundram Fasteners Ltd with the appoint ment of Arathi Krishna as Managing Director of the company as her father and manufacturing veteran Suresh Krishna retires. The company is one of the major auto components makers in the country.
However, Suresh Krishna will continue to be the director and non-executive chairman of the company.
The decision was taken at company's board meeting held here on Thursday and her appointment will come into effect from April 20, 2018.
She has been the joint managing director of the company since 2011 and has been on the