Samvardhana Motherson International Limited (SAMIL), a leading auto components manufacturer, has announced the appointment of Hemant Barge as its new Chief Procurement Officer, effective October 29, 2025. This strategic move aims to bolster the company's senior management team and enhance its procurement capabilities.

Experienced Leadership

Hemant Barge brings a wealth of experience to his new role at SAMIL. With over three decades of service at Tata Motors, Barge has established himself as a seasoned professional in the automotive industry. His extensive background includes:

• Formulating strategies and execution plans
• Supply Chain Management
• Manufacturing operations
• Green field project management
• Technology absorption

Prior to joining SAMIL, Barge held the position of Chief Procurement Officer at Tata Motors' Passenger Vehicles division, showcasing his expertise in procurement and supply chain management at the highest level.

Strategic Appointment

The appointment of Hemant Barge as Chief Procurement Officer is a significant move for Samvardhana Motherson International. As a Senior Management Personnel, Barge is expected to play a crucial role in optimizing the company's procurement processes and strengthening its supply chain operations.

Company's Perspective

The decision to bring Barge on board was made by SAMIL's Board of Directors, following a recommendation from the Nomination and Remuneration Committee. This appointment aligns with the company's strategy to enhance its leadership team with experienced professionals who can contribute to its growth and operational excellence.

Implications for SAMIL

Hemant Barge's appointment may bring several benefits to Samvardhana Motherson International:

1. Enhanced procurement strategies: Leveraging his experience from Tata Motors, Barge may implement advanced procurement techniques to optimize costs and improve efficiency.
2. Strengthened supply chain: His expertise in supply chain management could lead to more robust and resilient supply networks for SAMIL.
3. Operational improvements: Barge's background in manufacturing operations and project management may contribute to overall operational enhancements across the company.
4. Technology integration: His experience with technology absorption could drive innovation in SAMIL's procurement processes.

Looking Ahead

As Samvardhana Motherson International continues to strengthen its position in the auto components sector, the addition of Hemant Barge to its leadership team signals the company's commitment to excellence in procurement and supply chain management. Stakeholders will be watching closely to see how this appointment influences SAMIL's operational efficiency and competitive edge in the coming years.

The automotive industry continues to face challenges and opportunities in an evolving global market. With experienced leaders like Hemant Barge at the helm of critical functions, SAMIL appears to be positioning itself to navigate these changes effectively and maintain its growth trajectory.

Samvardhana Motherson International Limited (SAMIL) has announced a strategic move to expand its presence in the Australian mining industry. The company's Board of Directors has approved the acquisition of the business and assets of Rubbertic Group for AU$5.00 million (approximately US$3.30 million).

Key Details of the Acquisition

• Acquirer: Motherson Elastomers Pty Ltd. (MEPL), an indirect subsidiary of SAMIL
• Target: Business and assets of Rubbertic Group
• Acquisition Cost: AU$5.00 million (~ US$3.30 million)
• Expected Completion: Q3 FY 2025-26

About Rubbertic Group

Rubbertic Group specializes in:

• Production of rubber linings
• Manufacturing mining hoses and wear-related components
• Providing site maintenance services, primarily to the mining resources industry

Financial Overview

Rubbertic Group's turnover for the past three financial years:

Strategic Rationale

The acquisition is expected to bring several benefits to SAMIL:

1. Direct access to an established customer base in the mining industry
2. Enhanced national footprint and local capabilities within Australia
3. Opportunities for vertical integration and cross-selling
4. Combined R&D capabilities for specialized rubber solutions in extreme industrial conditions

Transaction Structure

• The deal is structured as an asset and business purchase
• It includes fixed assets, inventory, transfer of employees (including liabilities), and business contracts
• The transaction is subject to satisfactory completion of all conditions precedent

Management Changes

Coinciding with this announcement, SAMIL also disclosed key management changes:

• Mr. Kunal Malani will be elevated to President - Group Strategy & Transformation, effective November 15, 2025
• Mr. Gandharv Tongia will be appointed as the new Chief Financial Officer (CFO) and Key Managerial Personnel, designated as Group CFO, also effective from November 15, 2025

These strategic moves highlight SAMIL's focus on growth and organizational restructuring to achieve its Vision 2030 goals.

The acquisition of Rubbertic Group's assets represents a significant step for Samvardhana Motherson International in strengthening its position in the Australian mining industry and expanding its product portfolio in rubber-related solutions.