Samvardhana Motherson International Limited , a leading auto components manufacturer, has issued a postal ballot notice seeking shareholder approval for two significant corporate actions. The company aims to appoint a new Independent Director and revise the remuneration of a key executive.

Appointment of New Independent Director

The company proposes to appoint Mr. Dinesh Kumar Khara as an Independent Director for a term of five years, from September 25, 2025, to September 24, 2030. Mr. Khara, a distinguished career banker with 40 years of experience in the banking sector, previously served as the Chairman of the State Bank of India until August 2024.

Key points about Mr. Khara's appointment:

• Brings extensive experience in banking, treasury, risk management, IT, and compliance
• Holds a Master's in Business Administration and is a Post Graduate in Commerce
• Appointment aims to leverage his expertise in financial markets, regulatory matters, and strategic orientation

Revision of Executive Remuneration

Samvardhana Motherson International is also seeking approval to revise the remuneration of Mr. Pankaj Mital, Whole-time Director, effective from April 1, 2025. Mr. Mital, who has been with the company for over 35 years, will be designated as President - SAMIL.

Details of the proposed remuneration revision:

• Basic salary to increase to Rs. 32,74,246 per month
• Annual remuneration for FY 2025-26 capped at Rs. 5,56,00,000
• Eligible for employee stock options as per the company's ESOP scheme
• Annual increments of up to 15% based on performance

E-Voting Process

Shareholders can participate in the decision-making process through e-voting:

• Voting starts on November 22, 2025, at 0900 hours (IST)
• Voting ends on December 21, 2025, at 1700 hours (IST)
• Results to be declared by December 23, 2025

These corporate actions reflect Samvardhana Motherson International's efforts to strengthen its board with diverse expertise and align executive compensation with the company's growth objectives. Shareholders' participation in the e-voting process will be crucial in determining the outcome of these proposals.

Samvardhana Motherson International Limited , a leading auto components manufacturer, has reported strong financial results for the second quarter of fiscal year 2026, demonstrating resilience and growth amid evolving market dynamics.

Financial Highlights

The company delivered impressive performance across key financial metrics:

Operational Performance

Samvardhana Motherson's operational excellence was evident across various business segments:

• Order Book: The company's order book stands at Rs. 87.20 billion as of September 2025, reflecting strong customer confidence and future growth potential.

• Aerospace Division: Demonstrated exceptional growth with a 37% year-on-year increase in the first half of FY26, showcasing the company's successful diversification strategy.

• Consumer Electronics: Exhibited strong momentum with a 36% quarter-on-quarter growth, indicating the company's successful foray into new sectors.

• European Operations: The transformative measures implemented in European operations are showing positive results, particularly in the polymer business, where profitability improved from 6.4% to 7.4%.

Strategic Initiatives and Future Outlook

Laksh Vaaman Sehgal, Director of Samvardhana Motherson, highlighted the company's strategic focus:

• Diversification: The company is making significant strides in aerospace and consumer electronics sectors, with a combined order book of 3 billion for these segments.

• Operational Efficiency: Transformative measures in European operations, especially in the polymer business, are yielding positive results.

• Technology Focus: Plans to hire over 5,000 engineers in the next five years to enhance capabilities in AI and automation.

• Balanced Approach to EV: While the share of EV in the order book slightly decreased from 24% to 22%, the company maintains a balanced portfolio across different powertrain technologies.

Market Position and Customer Relations

Vivek Chaand Sehgal, Chairman of Samvardhana Motherson, emphasized the company's strong market position:

• Customer Trust: The company's growing order book reflects continued customer confidence.
• Global Expansion: Recent acquisitions and partnerships, particularly in Japan, are strengthening the company's global footprint and technological capabilities.

Conclusion

Samvardhana Motherson's Q2 FY26 results demonstrate the company's ability to navigate challenging market conditions while pursuing strategic growth initiatives. With a strong order book, diversification into high-growth sectors, and ongoing operational improvements, the company appears well-positioned for sustained growth in the coming quarters.