Ashok Leyland, the flagship company of the Hinduja Group, announced on Friday that Vipin Sondhi has decided to step down from the post of managing director and chief executive officer of the company with effect from December 31, citing 'personal reasons'.
Dheeraj Hinduja, Chairman of the Chennai-based auto major has stepped in as the executive chairman of the company with immediate effect to assist in business continuity and to ensure a seamless transition. According to a statement by the company, Sondhi had expressed his intention to devote more time to take care of certain personal and family commitments in the