tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ABB India Forecloses MOTR Division Head’s Contract, Installs Interim Leadership

Story Highlights
  • ABB India ended the fixed-term contract of MOTR division head Moonish Ghuge with immediate effect on 19 January 2026.
  • To ensure continuity, ABB India appointed Roger Buchmann as ad-interim head of the MOTR division while it seeks a permanent successor.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ABB India Forecloses MOTR Division Head’s Contract, Installs Interim Leadership

Claim 50% Off TipRanks Premium

The latest update is out from ABB India Limited ( (IN:ABB) ).

ABB India Limited has announced a change in senior management, foreclosing the fixed-term employment contract of Mr. Moonish Ghuge, who was serving as Local Division President – MOTR and classified as senior managerial personnel under SEBI Listing Regulations, with his duties ending immediately on 19 January 2026. To maintain leadership continuity in the MOTR division, the company has appointed Mr. Roger Buchmann, currently Global Product Line Manager for traction packages, as the ad-interim head of the MOTR division effective the same date, signalling an internal stopgap arrangement while ABB India searches for a permanent successor, a move that aims to ensure operational stability in a key business unit and regulatory compliance in its market disclosures.

More about ABB India Limited

ABB India Limited operates in the industrial technology and engineering sector, providing automation, electrification and motion solutions to a broad base of industrial and infrastructure customers in India. The company focuses on advanced electrical equipment, traction and motion technologies that support manufacturing, transportation and utility markets across the country.

Average Trading Volume: 8,233

Technical Sentiment Signal: Hold

Current Market Cap: 1031.4B INR

Learn more about ABB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1