MAM
Mohanraj J takes over as Duroflex CEO
Mumbai: Duroflex Group has announced the elevation of Mohanraj J as CEO of its omnichannel consumer brand – Duroflex. He takes over from Mathew Chandy who will now be serving as CMD of the group.
Mohanraj has been with the company for more than six years in various leadership roles and will now spearhead Duroflex’s growth and expansion in the coming years. In this new role, his responsibilities will span the thriving retail, e-commerce and D2C business of Duroflex, said the company in a statement.
Duroflex Group also houses Sleepyhead, its young & independent D2C brand and a growing B2B and export vertical. Each of these has a separate focus and leadership. Mohanraj will be leading as CEO for the Duroflex consumer brand.
“Duroflex Group has experienced tremendous growth in the past two years. Despite the pandemic-related chaos and market volatility, we are still on track to join the 1000cr club,” said Mathew Chandy. “Mohan’s influential and decisive contribution has helped Duroflex stay resilient and accomplish that goal. He’s been instrumental in building our leadership team and culture.”
Mohanraj has enabled Duroflex to achieve major milestones and led the company through a successful national expansion. He also shaped the company’s D2C foray and exponentially elevated the retail experience through company-owned and company-operated stores, said the company.
“Over the years, we have built a strong and loyal consumer base and to ensure that we continue to deliver on our commitments, I plan to leverage our customer-focused strategy, our sustainable operational excellence and company culture with the goal of taking Duroflex to new levels of success,” said Mohanraj J. “We will further expand on improving our customer experience with technology at the core and continue to build a culture that believes in people first.”
Brands
LTTS CDO Narayanan Ramanathan steps down
Resignation effective 19 February, company cites personal reasons
CHENNAI: L&T Technology Services Limited announced the resignation of its chief delivery officer and senior management personnel Narayanan Ramanathan, marking a key leadership exit at the engineering services firm.
Ramanathan stepped down from his role, effective at the close of business on 19 February 2026, citing personal reasons. The company accepted the resignation the same day and duly filed all regulatory disclosures related to his cessation.
Based in Chennai, Ramanathan led LTTS’s Digital Products and Manufacturing Services (DPMS) business as a P&L head, overseeing multi-million-dollar operations and large-scale digital transformation programmes. His mandate covered Industry X.0, the Internet of Things, operational technology cybersecurity, robotics, cobots, digital twins, analytics and artificial intelligence.
He joined LTTS in 2018 and spent nearly eight years at the firm, holding several leadership roles before becoming chief delivery officer in November 2024. During his tenure, he worked closely with global capability centres to execute engineering-led digital strategies for international clients.
A technology industry veteran with over 27 years of experience, Ramanathan previously held senior leadership roles at Tech Mahindra, where he served as vice president and global head for connected engineering and analytics, and earlier led integrated engineering solutions across APAC and MEAI markets.
Ramanathan is also the first recipient of the International Galileo Master Award from the European Space Agency. LTTS said there is no additional information to disclose regarding board relationships following his resignation.
