Minda Corporation Appoints Ajay Agarwal to Drive Strategic Growth
Company - People | May 20, 2025 | EIN
Minda Corporation Limited, a key player in the automotive component industry and part of the Spark Minda Group, has announced the appointment of Ajay Agarwal as the President, Finance & Strategy. Ajay Agarwal, with his extensive experience in corporate finance roles across major companies like Vedanta Limited, KPMG, and PwC, is expected to lead Minda Corporation's financial strategies as the company embarks on its next phase of growth. This strategic move aligns with Minda Corporation's commitment to strengthening its financial and strategic operations, given its expansive role in the automotive sector with a robust international presence. Ajay's new role will include enhancing corporate planning, executing mergers and acquisitions, forming joint ventures, and managing investor relations, all aimed at fostering innovation and sustaining growth.
Sectors
- Automotive Components
- Corporate Finance
Geography
- India – Minda Corporation is based in India and plays a significant role in the Indian automotive industry.
Industry
- Automotive Components – Minda Corporation operates in the automotive component manufacturing industry, providing products and services to OEMs and Tier-1 customers.
- Corporate Finance – Ajay Agarwal's role as President, Finance & Strategy involves corporate planning, M&A, and investor relations, indicating a strong emphasis on corporate finance activities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Minda Corporation Limited | Target Company | Company | A leading automotive component manufacturer part of the Spark Minda Group with international operations. |
| Spark Minda Group | Parent Company of Minda Corporation | Company | The larger corporate group under which Minda Corporation operates. |
| Ajay Agarwal | President, Finance & Strategy | People | Recently appointed to lead financial strategy and operations at Minda Corporation, with extensive experience in corporate finance. |
| Vedanta Limited | Previous Employer of Ajay Agarwal | Company | A diversified natural resources company where Ajay Agarwal held a similar role in finance and strategy. |
| KPMG | Past Employer of Ajay Agarwal | Company | A global network of professional firms providing audit, tax, and advisory services. |
| PwC | Past Employer of Ajay Agarwal | Company | A multinational professional services network. |
| Aakash Minda | Executive Director, Minda Corporation | People | Executive Director of Minda Corporation responsible for overseeing the company's strategic directions. |