V.S.T. Tillers Tractors Limited announced that Mr. V. K. Surendra (DIN: 00459069), Chairman of the Company has resigned from the position of Chairman and Director of the Company, with immediate effect as a part of succession planning. Mr. V. K. Surendra, was appointed as a Director on the Board of the Company on September 29, 1980 and took over as the Chairman with effect from December 02, 1996. The Board placed on record his valuable contribution to the Company during his tenure across four decades.

Pursuant to the stepping down of Mr. V. K. Surendra from the position of Chairman and Director, the Board of the Directors of the Company at their meeting held today i.e., February 01, 2024, have appointed Mr. Arun V Surendra (DIN:01617103), Non-Executive Director and Promoter, as the Chairman of the Board with immediate effect.