Mumbai: Onida Electronics Limited today announced a strategic leadership realignment and key Board-level appointments, approved by its Board of Directors, reinforcing the Company’s governance framework and leadership capabilities as it advances its long-term growth and transformation agenda.
As part of the leadership transition, Gunjan Srivastava, who has been serving as the Company’s Chief Executive Officer since February 2026, has been designated as Chief Executive Officer & Managing Director, effective July 4, 2026, subject to shareholders’ approval. The expanded mandate reflects the Board’s confidence in his leadership to drive the Company’s strategic priorities, accelerate operational excellence and deliver sustainable long-term value creation.
In another key development, Kaval Mirchandani will continue to serve on the Board as Whole-time Director, transitioning from his earlier designation as Managing Director. His continued presence on the Board ensures leadership continuity while supporting the Company’s strategic direction, governance priorities and long-term business objectives.
Further strengthening the leadership team, the Board has approved the appointment of Manish Desai as Chief Financial Officer, Whole-time Director and Key Managerial Personnel, effective July 4, 2026, subject to shareholders’ approval. With nearly three decades of experience across corporate finance, capital allocation, governance, business transformation and investor relations, he brings deep financial and strategic expertise to support the Company’s next phase of growth.
Commenting on the leadership changes, Gunjan Srivastava, Chief Executive Officer & Managing Director, Onida Electronics Limited, said, “Onida is entering an important phase in its evolution, where strong governance, disciplined execution and strategic agility will be key enablers of long-term success. The leadership realignment reflects our commitment to building an organisation that is future-ready, operationally resilient and well-positioned to capitalize on emerging opportunities. Together, we will continue to strengthen our competitive position, accelerate innovation, enhance operational performance and create sustainable value for our shareholders, customers, employees and business partners.”
The strengthened leadership structure reflects Onida’s continued commitment to the highest standards of corporate governance, leadership succession and execution excellence. By aligning experienced leadership with the Company’s strategic priorities, Onida is well-positioned to drive profitable growth, enhance organisational resilience and deliver sustainable long-term value for all stakeholders.
