Sandhar Technologies Limited , a prominent player in the auto component industry, has received shareholder approval for a significant increase in its authorized share capital. The decision, made during a meeting held on September 19, 2025, marks a potential milestone in the company's growth strategy.

Key Highlights

• Capital Increase: Shareholders approved raising the authorized share capital to Rs 80 crore.
• New Structure: The revised capital structure includes 7.8 crore equity shares of Rs 10 each and 2 lakh preference shares of Rs 100 each.
• Regulatory Approval: The resolution remains subject to approval from the Registrar of Companies, Delhi & Haryana.

Additional Resolutions

The 33rd Annual General Meeting (AGM) of Sandhar Technologies Limited also saw the approval of several other significant resolutions:

1. Dividend Declaration: A final dividend of Rs 3.50 per equity share was approved for the financial year 2024-2025.

2. Executive Leadership: Shareholders approved the re-appointment of Shri Jayant Davar as Executive Chairman and Chief Executive Officer for a five-year term, effective January 1, 2026.

3. Borrowing Limits: An increase in the company's borrowing limits was sanctioned.

4. Capital Raising: Approval was granted for raising capital through various methods, including public issues, rights issues, and qualified institutional placements.

Financial Audits and Governance

• M/s K K Sachdeva & Associates were appointed as the Secretarial Auditor for a five-year term.
• The remuneration for M/s Satija & Co., the Cost Auditor, was ratified for the financial year 2025-2026.

Shareholder Participation

The AGM, conducted through video conferencing, saw active participation from shareholders. A total of 144 members attended the meeting, including 10 from the promoter and promoter group and 134 from the public.

Management Commentary

Shri Jayant Davar, the company's Chairman, Managing Director, and CEO, addressed the shareholders during the meeting. With over four decades of experience in the auto component industry, Davar's leadership has been instrumental in Sandhar Technologies' growth and expansion.

The approved resolutions, particularly the increase in authorized share capital and the provision for raising additional capital, suggest that Sandhar Technologies may be positioning itself for future growth opportunities in the dynamic automotive sector.

Investors and stakeholders will be keenly watching how the company utilizes these new financial capabilities to drive its business strategy and enhance shareholder value in the coming years.

Sandhar Technologies Limited , a prominent player in the auto component industry, has secured shareholder approval for the re-appointment of its founder, Jayant Davar, as Executive Chairman and Chief Executive Officer. The decision was made at the company's 33rd Annual General Meeting (AGM) held on September 19, 2025.

Key Highlights

• Jayant Davar re-appointed for a five-year term starting January 1, 2026
• Shareholders approved the re-appointment with 82.90% votes in favor
• AGM conducted through video conferencing with 144 members in attendance

Leadership Continuity

The re-appointment of Jayant Davar ensures continuity in leadership for Sandhar Technologies. With over four decades of experience in the auto component industry, Davar brings a wealth of knowledge and expertise to his role. His re-appointment reflects the company's commitment to maintaining stable and experienced leadership at the helm.

Professional Background

Jayant Davar's credentials include:

• Mechanical Engineering degree from Thapar Institute of Engineering & Technology, Patiala
• Alumnus of Harvard Business School, Boston
• Recipient of the Distinguished Alumnus Award from Thapar Institute

Industry Involvement

Davar's influence extends beyond Sandhar Technologies. He holds several key positions in industry bodies:

• Member of the Advisory Committee of Fraunhofer Gesellschaft, Germany
• Advisor to the Automotive Component Manufacturers Association (ACMA)
• Member of the Executive Committee of the National Council, Confederation of Indian Industry (CII)
• Serves on the Sectoral Committee on Auto & Auto Components of the Haryana Government
• Co-Chairman of the Hero MotoCorp Suppliers Council

Additional AGM Resolutions

The AGM also saw the approval of several other important resolutions:

1. Adoption of audited financial statements for the year ended March 31, 2025
2. Declaration of a final dividend of ₹3.50 per equity share
3. Re-appointment of Neel Jay Davar as a Non-Executive Non-Independent Director
4. Appointment of K K Sachdeva & Associates as Secretarial Auditor
5. Increase in borrowing limits and limits for creation of charges on company assets
6. Increase in authorized share capital and consequent alteration of the Memorandum of Association
7. Approval for raising capital through various modes including public issue, rights issue, and qualified institutions placement

Shareholder Participation

The AGM, conducted through video conferencing, saw active participation from shareholders. The company provided remote e-voting facilities and e-voting during the AGM to ensure maximum shareholder participation in the decision-making process.

Sandhar Technologies Limited continues to demonstrate strong corporate governance practices through transparent communication and engagement with its shareholders. The re-appointment of Jayant Davar and the approval of key resolutions indicate shareholder confidence in the company's leadership and strategic direction.