Eicher Motors today said its two-wheeler division Royal Enfield has made top level changes with its Chief Executive Officer Venki Padmanabhan taking over as the Head of New Initiatives for Eicher Motors.

Following this, the company has announced B Govindarajan as the new Chief Operating Officer of Royal Enfield.

“Eicher Motors Ltd has been looking at new business opportunities. To this effect, Venki Padmanabhan has taken over as the Head — New Initiatives for Eicher Motors Ltd,” the company said in a statement.

“Consequent to this, B Govindarajan has taken over as the Chief Operating Officer, Royal Enfield,” it added.

Eicher Motors scrip closed 0.33 per cent down at Rs 2,767.50 on the BSE.