FIEM Industries Limited has confirmed the shareholder approval for the re-appointment of Mr. Vineet Sahni as CEO & Whole-time Director (KMP). The approval was secured via postal ballot on March 27, 2026. This re-appointment is effective from May 1, 2026, for a subsequent term of three years, continuing his leadership in the automotive lighting sector.
Confirmation of Key Managerial Appointment
FIEM Industries Limited has issued a formal update regarding the tenure of its leadership. The company confirmed that the resolution to re-appoint Mr. Vineet Sahni (DIN:03616096) as CEO & Whole-time Director (Key Managerial Personnel) has been successfully approved by the shareholders.
This approval was finalized following the scrutiny of the postal ballot process, with the Scrutinizer submitting her report on March 27, 2026. The resolution received the requisite majority support on the same day, which was the final date for e-voting.
Term of Re-appointment
The re-appointment of Mr. Sahni will be effective starting May 1, 2026. The term approved by the shareholders is for a further period of three years.
Profile of Mr. Vineet Sahni
Mr. Sahni is highlighted as a veteran in the Automotive Industry with substantial leadership experience, particularly within the 4 Wheel Automotive Lighting Industry.
- He commenced his career at Tata Motors in 1987.
- He has held senior leadership roles across several prominent automotive groups, including Minda Group, Varroc Engineering, and Lumax Group.
- He has successfully held CEO positions since 2001.
- Prior to joining FIEM Industries in May 2023, he served as the Group CEO & Sr. Executive Director at Lumax Group.
- His expertise lies in developing leadership pipelines, strengthening OEM relationships, and managing diverse global teams.
Director Relationship Disclosure
The required disclosure confirms that Mr. Vineet Sahni has no relation with any of the existing Directors of the Company.
Furthermore, the company has verified that Mr. Sahni is not debarred from holding the office of Director by any order issued by SEBI or any other regulatory authority.
Source: BSE
