Madhav Sheth, Realme India head, has reportedly stepped down from his position. According to sources, Sheth will be replaced by Michael Gut. 

Apart from being the chief executive officer (CEO) of Realme India division, Sheth also acts as the vice president at Realme and president of the Realme International Business Group. It is not known yet if he plans to quit from other positions as well. 

As per sources, Sheth has now accepted a new role as vice president for Business and Corporate Strategy (Global) at Realme.