Arun Velmurugan becomes Managing Director of Ponvel Holdings
The founder's grandson takes over the day-to-day running of the holding company. Velmurugan Ponnusamy stays on as Chairman.
The board of Ponvel Holdings has appointed Arun Velmurugan as Managing Director from 1 July 2026. He has run Ponvel Roadways' Hosur branch and, since 2019, sat on the boards of three group companies.
Velmurugan Ponnusamy, who has led the group since 1996, stays on as Chairman.