Page 128 - KZN Top Business Portfolio 2024/5 - ebook
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ROYAL TYRES






                                          MISSION
                                          To consistently exceed customer expectations
                                          by leveraging technology and well trained staff
                                          to deliver a wide range of competitively priced
                                          products and services through a network of
                                          strategically located stores.
                                          KEY PERSONNEL
                                          Chairman: Jay Patel
                                          CEO: Akshay Patel
                                          Director: Pranav Patel
                  Akshay Patel and Jay Patel
                                          Head of Finance & Risk: Gary Nagoor
                                          Director: Jasmeena Shiba
       Full Name of Company: Royal Tyres  Director:  Devu Patel
       Nature of Business: Tyre Distributors & Retailers   Director: Nayan Shiba
       Date Established: 1939             CONTACT DETAILS
                                          DURBAN
       Customer Base:  Private individuals, commercial
       & fleet businesses, government departments &   Physical Address: 1159 Umgeni Road, Durban
       municipalities                     Tel: +27 (0)31 303 2933
                                          E-mail: info@royaltyres.co.za
       Accreditations: RMI accredited, Workshop MIWA   Website: www.royaltyres.co.za
       accredited                         PHOENIX INDUSTRIAL PARK
                                          Physical Address: 50 Aberdare Drive, Phoenix Industrial Park
       VISION                             Tel: +27 (0)31 303 2935
       To lead the industry in the sales of passenger and   ALBERTON, JHB
       commercial tyres, fitment and allied services in the   Physical Address: 16 Bosworth Street, Alrode, Alberton
       province of KwaZulu-Natal, South Africa.  Tel: +27 (0)10 822 7121

       A PIONEERING FORCE                 strengthening our relationships with customers
                                          and partners. I am honoured to lead this esteemed
       Durban – Royal Tyres Group, a leader in the tyre   company, rich with legacy and purpose. I look
       industry, is pleased to announce the appointment of   forward to building on our foundation  while
       Akshay Patel as its new Chief Executive Officer (CEO),   navigating tomorrow’s challenges, always upholding
       effective 15 November 2024.        our core values.”
       A New Chapter                      As CEO, Akshay brings  continuity and  stability to
                                          Royal Tyres, having already been deeply involved in
       Akshay Patel’s connection to Royal Tyres started as
       a young student, working weekends and holidays.   high-impact decisions and strategic planning within
       This early exposure fostered a passion for the   the organisation. His innovative approach, focus
       business  and  a commitment  to  its  mission.  Since   on sustainability, and customer-centric philosophy
       taking charge of the Commercial Division in 2018,   are fully aligned with Royal Tyres’  core values,
       Akshay has championed an ambitious growth   positioning the company for continued growth and
       strategy, spearheading expansion into new markets   long-term success. Under his leadership, Royal Tyres
       while staying true to the company’s commitment to   is set to embark on an inspiring new chapter that
       quality and innovation.            delivers even greater value to its stakeholders.
       Akshay shared his vision for the future, saying,   Jay Patel’s Enduring Legacy
       “Our focus for Royal Tyres is on sustainable growth,  After more than 50 years of dedicated service,
       embracing  technological  advancements,  and  Jay Patel will assume the role of Chairman. His

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