Sandhar Technologies Limited , a prominent player in the automotive components sector, has announced a significant change in its senior management. Mr. Harjit Singh, who held the position of Assistant Vice President (AVP) in the Research & Development (R&D) Department and was designated as Senior Management Personnel (SMP), has tendered his resignation.

Resignation Details

The company disclosed this information in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. Here are the key details of the resignation:

Company's Response

Sandhar Technologies has accepted Mr. Singh's resignation with immediate effect. The company stated that Mr. Singh had requested to be relieved from his duties at the earliest, citing his ongoing health issues as the primary reason for his departure.

Regulatory Compliance

In adherence to regulatory requirements, Sandhar Technologies has:

1. Submitted the requisite disclosure as per Regulation 30, read with clause 7C of Part A of Schedule III of the Listing Regulations.
2. Enclosed a copy of the resignation letter with their official communication.
3. Committed to making this information available on the company's website ( www.sandhargroup.com ) in compliance with Regulation 46(2) of the Listing Regulations.

The departure of a senior executive, especially one involved in research and development, may potentially impact a company's operations and strategic direction. However, Sandhar Technologies has not provided any information regarding a successor or the potential impact of this resignation on their R&D initiatives.

Investors and stakeholders of Sandhar Technologies may want to monitor future announcements for any updates on the leadership of the R&D department.

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.