Exide names Avik Kumar Roy MD and CEO for three-year term

02 May 2024 CW Team

Avik Kumar Roy brings with him a wealth of experience and expertise in the automotive and industrial sectors. His appointment is expected to further strengthen Exide's leadership team and drive innovation, operational excellence, and market expansion initiatives.

As the newly appointed MD and CEO, Avik Kumar Roy will be tasked with charting the strategic direction of Exide Industries, enhancing its competitive position, and maximizing value for stakeholders. His leadership will play a pivotal role in navigating the evolving market dynamics and capitalizing on emerging opportunities.

In a statement regarding the appointment, Exide Industries expressed confidence in Avik Kumar Roy's ability to lead the company towards sustainable growth and profitability. The decision to appoint him underscores the company's commitment to fostering leadership talent and leveraging diverse perspectives to drive business success.

Avik Kumar Roy's appointment comes at a crucial juncture for Exide Industries as it seeks to capitalize on the growing demand for energy storage solutions in India and international markets. With a focus on innovation and customer-centricity, the company aims to strengthen its position as a preferred partner for automotive, industrial, and renewable energy applications.

Furthermore, Exide Industries remains committed to driving sustainability and environmental stewardship through its product offerings and operations. Avik Kumar Roy's leadership is expected to reinforce these commitments and accelerate the company's efforts towards a greener and more sustainable future.

The appointment of Avik Kumar Roy as MD and CEO reflects Exide Industries' strategic vision and commitment to fostering leadership excellence. With his proven track record and strategic acumen, Avik Kumar Roy is well-positioned to lead the company through its next phase of growth and reinforce its position as a market leader in the energy storage solutions industry.

Exide Industries, one of India's leading storage battery manufacturers, has announced the appointment of Avik Kumar Roy as its Managing Director (MD) and Chief Executive Officer (CEO) for a tenure of three years. This strategic move is poised to steer the company through its next phase of growth and transformation. Avik Kumar Roy brings with him a wealth of experience and expertise in the automotive and industrial sectors. His appointment is expected to further strengthen Exide's leadership team and drive innovation, operational excellence, and market expansion initiatives. As the newly appointed MD and CEO, Avik Kumar Roy will be tasked with charting the strategic direction of Exide Industries, enhancing its competitive position, and maximizing value for stakeholders. His leadership will play a pivotal role in navigating the evolving market dynamics and capitalizing on emerging opportunities. In a statement regarding the appointment, Exide Industries expressed confidence in Avik Kumar Roy's ability to lead the company towards sustainable growth and profitability. The decision to appoint him underscores the company's commitment to fostering leadership talent and leveraging diverse perspectives to drive business success. Avik Kumar Roy's appointment comes at a crucial juncture for Exide Industries as it seeks to capitalize on the growing demand for energy storage solutions in India and international markets. With a focus on innovation and customer-centricity, the company aims to strengthen its position as a preferred partner for automotive, industrial, and renewable energy applications. Furthermore, Exide Industries remains committed to driving sustainability and environmental stewardship through its product offerings and operations. Avik Kumar Roy's leadership is expected to reinforce these commitments and accelerate the company's efforts towards a greener and more sustainable future. The appointment of Avik Kumar Roy as MD and CEO reflects Exide Industries' strategic vision and commitment to fostering leadership excellence. With his proven track record and strategic acumen, Avik Kumar Roy is well-positioned to lead the company through its next phase of growth and reinforce its position as a market leader in the energy storage solutions industry.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..