Titan Company announced the appointment of Ajoy Chawla as the new Managing Director, effective January 1, 2026, for a five-year term. The appointment, approved by the Board, follows the planned superannuation of the current Managing Director, C. K. Venkataraman, on December 31, 2025. Mr. Chawla’s appointment is subject to shareholder approval.
Leadership Transition
Titan Company is set to welcome Ajoy Chawla as its new Managing Director. The Board of Directors approved his appointment in a meeting held on November 3, 2025. He will also serve as an Additional Director.
Appointment Details
Ajoy Chawla’s tenure as Managing Director will officially begin on January 1, 2026, for a period of five years. This appointment is contingent upon receiving the necessary approval from the company’s shareholders.
Ajoy Chawla’s Background
Ajoy Chawla has been with the Tata Administrative Services (TAS) since 1990. He initially joined Titan’s finance department in 1991. His career includes various roles within the Watches Division, spanning commercial activities, sales, retailing, supply chain management, and leading accessories. He has also headed the Titan SBU for both domestic and international markets.
From 2013 to 2019, he served as the Chief Strategy Officer for Titan, overseeing business incubation, scaling the Fragrances business, and establishing the Taneira business. In October 2019, Ajoy Chawla became the CEO of Titan’s Jewellery Division, during which the division’s sales and profits grew approximately 3X.
Source: BSE
