MAM
OPG Mobility appoints Maharana Ray as president & chief growth officer
MUMBAI: OPG Mobility (formerly Okaya EV), announced the appointment of Maharana Ray as president & Chief Growth Officer (CGO). In his new role, he will lead the company’s EV business including the Ferrato and OTTOOPG brands while driving expansion, market development, brand building, and strategic business alliances within the Indian electric mobility value chain.
A distinguished leader with over two decades in the auto, electric mobility, and energy sectors, Maharana is known for his excellence in driving business expansion, forging strategic alliances, and growing operations. He most recently served as vice president at Chetak Electric (Bajaj Auto), spearheading the network development, strategic planning, and customer experience initiatives, successfully expanding the brand’s pan-India footprint.
Maharana’s career spans both international and domestic markets, with hands-on experience in 16 countries. His expertise covers Sales, Service, Spares, Channel Management, and HR, making him a well-rounded professional equipped to deliver holistic business growth and operational excellence. He is an alumnus of Symbiosis Institute of Business Management, Pune, and has been a member of the Achiever’s Club at Symbiosis. His strategic leadership skills have been further complemented by training at IIM Ahmedabad.
Commenting on the appointment, Anshul Gupta, co-founder, OPG Mobility said, “We are delighted to welcome Maharana Ray to our leadership team. As OPG Mobility enters into its next phase of expansion, his leadership and extensive experience in the mobility and energy segments will be critical to accelerating our business. His vision and emphasis on execution fit well with our overall strategy for the electric vehicle businesses.”
Talking about his new role at OPG Mobility, Maharana Ray expressed, “As one of India’s fastest growing electric mobility solution providers, I am excited to join OPG Mobility and Power Pvt. Ltd. The company’s mission to develop inclusive, reliable, and sustainable electric mobility solutions that truly shape the future of transportation deeply resonates with me, and I look forward to collaborating with the leadership to explore new avenues for growth, scale operations, and strengthen our presence across India and international markets. We will strive together to build a future where OPG Mobility is a trusted partner in India’s and the world’s EV journey.”
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
